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#BTC/USDT ANALYSIS Bitcoin is currently trading within a descending triangle pattern. It is rebounding from the horizontal support zone of the triangle, with the 100-day moving average acting as resistance. A breakdown below the support zone would indicate a bearish trend, while a breakout above the triangle would suggest a bullish trend in the crypto market. Stay tuned for further updates. $BTC
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Trending News 🗞️ Value investment in the cryptocurrency world returns to zero: attention is everything 🗞️ Hong Kong Enforces Closure of Unlicensed Crypto Exchanges 🗞️ Cryptocurrency is a symbol of freedom and transparency. The ETC network has completed the reduction of production. 🗞️ DMM Bitcoin's Wallet with $300 Million Worth of Bitcoin Stolen, Platform Imposes Restrictions on Some Services
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NEWS: Over the past 5 years, the dollar has declined in value by over 87% against Bitcoin. #Bitcoin 💰 is a no-brainer.
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#TOTAL MARKET CAP ANALYSIS The total market cap has broken out of a descending triangle and is currently retesting above this breakout point. The 100-day moving average is also indicating bullish strength. A successful retest would confirm the bullish trend. Conversely, if the retest fails and the price falls below the descending trendline, it may indicate a potential market correction.
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Top 100 24h Gainers 🚀 LDO $2.44 +5.02% BEAM $0.0284 +4.04% CORE $2.00 +3.66% PEPE $0.00001501 +2.26% MKR $2741.00 +1.80% Top 100 24h Losers 🔻 STACKS $0.005660 -12.56% STX $1.82 -7.80% AKT $4.62 -7.76% RUNE $6.08 -6.95% WIF $3.30 -6.74%
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