๐ข Breaking News: $BTC Breaks Falling Wedge Triangle! ๐ฅ
Exciting news, folks! According to the chart I shared earlier, #BTC has just broken the falling wedge triangle, signaling a bullish trend. However, we need to tread cautiously despite this recovery due to one significant concern.
โจMy Main Concernโจ
Last Friday, we witnessed an outflow in the BTC SPOT ETF, which negatively impacted the market. So, while we can remain positive, let's stay vigilant for any potential market reversals when the SPOT ETF market reopens on Monday.
๐ฟ Altcoin Updates ๐ฟ
Altcoin prices are gradually increasing, with notable gains seen in $REZ, which surged by 30% to reach $0.193. I'm particularly bullish on #REZ, expecting it to be one of the top-performing coins in May, potentially reaching prices above $0.4.
$WIF also saw a 24% increase, while FLOKI surged by around 20%. Overall, memecoins had a great day!
Let's hope the market continues to recover, but remember, if you're longing (buying) on Futures Trading, consider gradually increasing your profit-taking prices as we approach the end of the week and get closer to Monday to anticipate market movements. ๐
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