Bitcoin BulletsÂź Market Analysis July 4, 2024 âââââ âȘïžTECHNICAL (1D) Bitcoin has failed its retest and is now attempting to break down below the horizontal resistance level. A successful breakdown followed by a retest beneath this horizontal resistance would confirm a bearish trend. However, if the bulls manage to regain momentum and push BTC back above the horizontal support with significant trading volume, it could indicate a potential market reversal.
âȘïžWRAP-UP (VIP) BTC failed the retest and is attempting to break below horizontal resistance. A breakdown and retest here confirms a bearish trend. A bullish reversal is possible if BTC regains support with strong volume.
$BTC DAILY RANGE: đUpper Limit: 62300 đLower Limit: 57800 (+-11% based on moving average volatility open/endpoints)
The analytics platform Arkham investigated Vitalik Buterin's wallet. His current wealth is over $800 million or 246,730 ETH, which he acquired during the Ethereum launch.
- **Market Cap:** ~$850 million. - **Current Trend:** Bearish, trading below $0.63. - **Bearish Potential:** Could drop to $0.56 or $0.50 if the trend continues. - **Bullish Potential:** Could surge to $1 or even $2 with strong momentum!
đ Notcoin ($NOT ) đ
- **Recent Performance:** Surpassed $0.01543, hitting an all-time high of $0.02896 on June 2, 2024. - **Bullish Potential:** Could rise to $0.05 or even $1 by the end of the month! - **Bearish Potential:** Could fall to $0.014 if market sentiment sours. đĄ **Conclusion:** Ethena and Notcoin are promising investments, currently discounted from their all-time highs. But remember, the market is volatile, so exercise due diligence!
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