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/usdt broke out of the descending accumulation👀
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#BTC/USDT ANALYSIS Bitcoin is currently trading near its resistance trendline after a robust rebound from the support trendline, indicating strong upward momentum. Positioned above the Ichimoku cloud and the 100-day moving average, which are providing significant support, the current price action suggests bullish sentiment. A breakout above the resistance, followed by a successful retest, could trigger another bullish rally, potentially pushing the price higher. However, there is also the possibility of a decline if the price fails to break through the resistance trendline, emphasizing the critical nature of this juncture in Bitcoin's price trajectory. $BTC
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🚨What happened in Crypto in the last 12h?🚨 [Joe Biden is officially dropping out of the 2024 presidential race. #gavinnewsom endorses #kamalaharris as the democratic nominee for the 2024 presidential election. With political issues influencing prices, the political memecoin $PEOPLE on Binance is worth watching.] • Spot ETH ETFs are expected to start trading on July 23. It's crucial to consider potential ETHE outflows, as GBTC outflows started the 'sell the news' narrative. Pay attention to the ETF inflows/outflows on the first day. • $ALT - Altlayer will unlock 42% of its $ALT circulating supply on July 25. • $BNX - BinaryX has announced a vote to reduce unminted BNX tokens from 2.1 billion to 580 million. Voting is from July 22 to July 24. • $JUP - Jupiter will hold a token supply reduction vote this week. • $MKR - An address related to the MakerDAO team has completed selling $92.08 million in MKR over 4 months, according to #EmberCN. • $WLD - Worldcoin will begin daily $14M token unlocks starting July 24. (Emission : 3.2M ➜ 5.32M) • $XRP - Ripple’s CEO Brad Garlinghouse expects the company to settle its years-long litigation with the SEC ‘very soon’. • Elon Musk adds laser eyes to his X profile picture and Elon Musk to potentially speak at BTC Conference Nashville. $DOGE
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Trending News 🗞️ Bloomberg: Foreign crypto companies may be the only losers under Trump's presidency 🗞️ WazirX Launches Bounty Programme After $230 Million Security 🗞️ Ripple’s Brad Garlinghouse announces war with SEC is over, expects settlement with SEC imminent 🗞️ XRP Hackers Target South Korean Drama YouTube Channels, Confusing K-Drama Fans
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