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💰 #BNB/USDT is one of the strongest structure in the market💁♂️ Re-accumulating below the ATH resistance👀 Not much returns should be expected, but think it's a solid play📈👌
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Crypto Watchlist for the week ahead: $BNB - CZ will finally be released from prison on Sept. 29 $BTC - Rumors are circulating that a major bank in the US will start to custody Bitcoin soon $JUP - Jupiter Exchange will soon release its Mobile App and Ape Pro. Ape Pro is a product for trading & minting memecoins Tabi - Tabi, a modular gaming L1, is expected to release its Testnet V2 next week. Active participants will get token incentives $ETHFI - ~$37M worth of ETHFI will be unlocked for EtherFi's S3 airdrop recipients next week $MKR (or $SKY) - MakerDAO's Co-founder announced he will propose to deploy MakerDAO's products on Solana
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#BTC/USDT ANALYSIS After breaking out of the symmetrical triangle pattern, the bitcoin is currently facing rejection at the previous high, where the 200MA is also acting as a resistance barrier, while the 100MA is providing support. A retest of the pattern can be expected at this stage. Furthermore, a breakout above the horizontal supply zone and the 200MA will signal a bullish trend. Keep a close watch on these movements.
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Trending News 🗞️ The Federal Reserve cut interest rates by 50 basis points. Biden: Interest rates are expected to fall further 🗞️ Institutional holdings are increasing, and the Bitcoin bull market is likely to continue 🗞️ BTC has a place in the portfolio, Musk did not mention cryptocurrencies 🗞️ Crypto-themed bar owner talks about Trump's visit: He is kind and generous
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🚩 Important Upcoming events 🔖 Monday, 23rd September USD: S&P Global US Manufacturing PMI (Sep) USD: S&P Global Services PMI (Sep) 🔖 Tuesday, 24th September AUD: RBA Interest Rate Decision (Sep) USD: CB Consumer Confidence (Sep) 🔖 Wednesday, 25th September USD: New Home Sales (Aug) USD: Crude Oil Inventories 🔖 Thursday, 26th September CHF: SNB Interest Rate Decision (Q3) USD: Durable Goods Orders (MoM) (Aug) USD: GDP (QoQ) (Q2) USD: Initial Jobless Claims USD: Fed Chair Powell Speaks 🔖 Friday, 27th September USD: Core PCE Price Index (MoM) (Aug) USD: Core PCE Price Index (YoY) (Aug) #weekahead #calendar #event
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