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#BTC/USDT ANALYSIS BTC is currently moving within a symmetrical triangle pattern. Presently, it is consolidating below the trendline resistance. The Ichimoku cloud and the MA 100 are serving as support levels. A decisive breakout of the triangle would confirm bullish momentum, whereas a rejection would suggest further consolidation within the triangle pattern.

#BTC/USDT ANALYSIS

BTC is currently moving within a symmetrical triangle pattern. Presently, it is consolidating below the trendline resistance. The Ichimoku cloud and the MA 100 are serving as support levels. A decisive breakout of the triangle would confirm bullish momentum, whereas a rejection would suggest further consolidation within the triangle pattern.

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3 Reasons Bitcoin & Altcoins Dumped 📉🔻   1) Tax Selling   Yesterday, Morgan Stanley reported that there was $256B in capital gains tax selling.   This was the reason behind the stock market dump, and because crypto is still correlated to it, #BTC and alts dumped even harder.   2) War escalation    The war between #Iran & #Israel has escalated quickly.    During these times, people always look to HOLD hard money.   BTC still hasn't got that status (high volatility and a less established history), so it dumped and alts bleed even more than that.    3) BTC dominance going up   Yesterday's altcoin crash pushed BTC dominance to a 3-yr high.   BTC dumped 5%–7%, but large caps dumped 15%–20%.   What's next for the market?   Right now, the best way to predict upcoming market movement is to look at the #GOLD chart.    Usually, Gold pumps during these war situations, similar to what happened in Feb 2022.   If #Gold starts going sideways or down, this could be a sign that the war situation is over.   I'll keep a close eye on this and will continue to update you all.
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$BNT about to go parabolic
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#om/usdt has broken out of an ascending triangle pattern, indicating a bullish trend📈 A continuation of the bullish move is expected after retest and bounce from the breached border🤓
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#THETA/USDT Price is now testing the ceiling of a descending channel on the 8-hour time frame, indicating the potential for another bullish move if the bounce is occur🧐
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🚨What happened in Crypto in the last 12h?🚨 • The Israel-Iran conflict is escalating, raising the possibility of war. As a result, Israel-related project have remained relatively flat. $ORBS • Hong Kong regulators could approve spot ETFs based on bitcoin and ether as early as Monday, according to Bloomberg. • $BNB - Binance announces the launch of the $OMNI Launchpool starting April 13. • $CRE - Carry Protocol announces a merger with SLG.Games $SLG to boost their gaming infrastructure. The merger vote is scheduled for April 14. • $ELF - aelf announces a pivot to AI and deploys a $50 million ecosystem fund. • $GMT - Stepn has teased a significant announcement on April 15. • $KMD - Komodo is discussing key governance changes such as "Fee Increase and Burn" and transitioning from "PoW to PoS." • $NMT - NetMind AI announces new tokenomics on April 16. This issuance will adjust the total supply from Previous 10B to approximately 150M $NMT, including current circulation. • $MNT - Bybit announces the launch of the $PBUX Launchpad starting April 18. • $STRAX - Stratis announces that next week they will officially reveal their AI-powered Web3 game, code-named Project Atlantis. • $TON - The TON Foundation announces a strategic partnership with HashKey Group to enhance the TON Ecosystem.
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