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#BTC (daily timeframe). 🔥 Bitcoin is heading towards the previously overcome trading level of $62,500, a decrease under which will lead to the closing of the price gap on the CME exchange in the area of $61,155 — $62,085. From this zone, we expect an increase in purchases of the instrument with an upward momentum to the resistance level around $64,800. The CoinGlass data also points in favour of such a development. According to the platform, over the past seven days, the most liquidity has accumulated in the region of $64,200. The price is in the Ichimoku Cloud, which indicates uncertainty in the market. A breakout of Bitcoin up from the Cloud will be a signal for the continuation of the uptrend. At the same time, there is a high probability of seeing an asset decline in the area of $59,500 before the breakout of the upper line of the indicator. After that, Bitcoin will go to storm the POC mark ($67,000). #ETH. The growth of the asset was stopped by the pressure of sellers at around $3,500. Ethereum is consolidating above the trading level of $3,400, the breakdown of which will signal the continuation of the correction. The capitalization of the cryptocurrency market has decreased by 0.65% over the past 24 hours, the dominance of bitcoin has remained at the same level. The US dollar Index (DXY) forms a bearish reversal on the daily timeframe, setting a series of declining price highs. For the cryptocurrency market, a decrease in DXY will result in a strengthening of digital assets.
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Today's Heat map of some selected coins & tokens 07/02/2024 #IntroToCopytrading
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#Bitcoin Update Continuous Bitcoin has broken down an important trendline. The price may go lower as a result. It is expected to drop to $61,800 which is working as a good support level. Stay tuned for more information!! $BTC #IntroToCopytrading
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🚨 LATEST: Binance Confirms Continued USDC Support Across European Union. #IntroToCopytrading
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It is the 1st day of the quarter and anything could have happened as a result. Hope to see you guys tomorrow as usual. Trade safe and enjoy the rest of the day. $ #IntroToCopytrading
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