Bitcoin's bull flag signals a potential breakout towards 71k- 80k, Upcoming Days Looking Good a clean break above the upper trendline needed for confirmation.
Bitcoin is attempting to break through its horizontal supply zone, with both the Ichimoku Cloud and the 200MA providing strong support, indicating bullish momentum.
A decisive breakout accompanied by significant volume could confirm a bullish trend. Keep a close watch on it for potential upward movement.
BTC was rejected from the trendline of the descending triangle and is currently holding above the horizontal support. A bounce could be expected from here, while a sustained breakdown of the horizontal support would be a bearish sign.
Last month, Ripple announced that it is planning on launching a new stablecoin on Ethereum (ETH) and the XRP ledger. Ripple says the dollar-pegged digital asset, which has yet to be given a name, will be fully backed by cash, short-term US government treasuries, and other cash equivalent