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Crypto Revolution Masters
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Distribution of #Bitcoin 💰
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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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As the Bitcoin market breaks towards a new ATH and price discovery, it enters the Euphoria phase, where the supply in profit starts to fluctuate around the 90% level for the next 6-12 months. The current euphoria phase is relatively young but has been active for around 2.5 months, with 93.4% of supply held in profit as of current. $BTC
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#btc/usdt is consolidating within a symmetrical triangle pattern😴 The 50 moving average is currently providing support🔺 A breakout above the triangle would indicate a bullish confirmation📈 A breakdown below the triangle would suggest a bearish trend📉 $BTC
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#RDNT/USDT has broken out of a trendline in the 12-hour time frame👀 Following the breakout, a bullish wave is anticipated📈 The bullish wave is expected to result in a price increase of 50-60%👨💻 $RDNT
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