📊 Bitcoin just hits $42000

⚠️ Market is volatile today

Binance New CEO Richard Teng: My focus will be on:

1) reassuring users that they can remain confident in the financial strength, security and safety of the company
2) collaborating with regulators to uphold high standards globally that foster innovation while providing important consumer protections
3) working with partners to drive growth and adoption of Web3

⛔️ Binance will remove some #BUSD spot trading pairs

According to an official announcement on Nov 22nd, #Binance will remove the following spot trading pairs :

APT/BUSD, AXS/BUSD, BAKE/BUSD, CFX/BUSD, CHZ/BUSD, ETC/BUSD, FIL/BUSD, GAS/BUSD, TRB/BUSD, USTC/BUSD.

#BTC/USDT ANALYSIS

BTC got rejected from the horizontal resistance and cleared stops below the ascending trendline support. Currently, it is trying to regain its position above the MA 100 and the Ichimoku cloud. A candle close above them would confirm a bullish move. In case of a rejection and a sustained breakdown of the ascending trendline, a correction is also expected.

#SOL/USDT ANALYSIS

SOL has seamlessly sustained its bullish momentum following the breakout of the ascending triangle. Additionally, it successfully breached the horizontal resistance, now functioning as a reliable support. A sustained bullish rally is anticipated as long as it maintains its position above the established horizontal support.

#THETA/USDT
#SHORT

Entry : 0.9570

Targets:
0.9474
0.9327
0.9092
0.885
0.8645

Stoploss  : 0.9858

#etf #BTC #WLD #YFI

#BTC DOMINANCE ANALYSIS

BTC.D appears to be following a rising wedge pattern, currently approaching its support trendline. The MACD crossover suggests a bearish momentum, indicating potential downward movement. Despite this, the Ichimoku cloud is signaling an upward trend.

A sustained breakdown of the rising wedge would serve as confirmation of a downward trend in BTC.D, potentially signaling a bull run in altcoins.

💰 All-Time High 70.47% of all #Bitcoin has not moved in over a year

#DYDX/USDT - LONG

Entry : 3.120 - 3.170

Targets:
3.185
3.200
3.225
3.250
3.275
3.300

Stoploss : 2.820

#ETH #WhaleAlert #BTC #AVAX

#BTC/USDT ANALYSIS

BTC is currently trading above the ascending trendline support and the MA 100. It is situated within the Ichimoku cloud, indicating a short-term indecision in the market.

Bulls must regain momentum, and as long as it maintains its position above the ascending trendline support, a bullish rally is anticipated.

📊 Market Overview:

BTC : $36030
ETH : $1935.29
BNB : $241.47

⚡ Dominance :

BTC : 49.62 %
ETH : 16.38 %
Stables : 7.81 %

📈 Market Cap :

Total : 1.42T
DeFi : 58.52B
24hr Vol : 112.09B

🔥 Breaking: #Binance has announced plans to launch a new trading platform in Thailand 🇹🇭 Scheduled for early 2024.

#US DOLLAR ANALYSIS

The US dollar has distinctly encountered horizontal resistance and subsequently breached the MA 200. The MACD crossover indicates a bearish momentum.

Anticipation leans towards a continued downward trend in the dollar, potentially signaling a bullish trend for the market, given its inverse relationship.

💰 #Binance Research Releases Crypto 2023 Fundraises report.

Gaming, payment and trading platform ranks among the top three and Most active VCs are Coinbase, Hasheky, Shima, Polygon, and DWF.

#BTC/USDT ANALYSIS

After a powerful bullish rally, BTC has recently achieved a higher high and is presently in the process of establishing a higher low. A rebound is anticipated from the current support level.

However, if it fails to maintain a position above this support level, there is a possibility of a retest and the formation of a higher low above the marked horizontal support, further solidifying the upward trend.

🚀 Top Trending Coins (Today)

1. TIA
2. BDX
3. TET
4. RBX
5. SOL
6. MEME
7. MOON

📊 Market Overview:

BTC : $36822
ETH : $2071.08
BNB : $245.18

⚡ Dominance :

BTC : 49.29 %
ETH : 16.96 %
Stables : 7.65 %

📈 Market Cap :

Total : 1.45T
DeFi : 60.8B
24hr Vol : 85.61B

🇺🇸 US annual inflation rate was announced as 3.2%. (Expectation: 3.3%)

U.S. CPI: +3.2% YEAR-OVER-YEAR (EST. +3.3%)
U.S. CORE CPI: +4% YEAR-OVER-YEAR (EST. +4.1%)