Bitcoin $BTC !!!!!!!!! Approaching 70,000 | Crypto Revolution Masters en Binance Square

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Bitcoin $BTC !!!!!!!!! Approaching 70,000

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BTC

68.668,01

+0.41%

987

0

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#BTC/USDT ANALYSIS Bitcoin is currently testing the resistance trendline of its descending broadening wedge pattern. A successful breakout from this level could confirm a bullish trend. The Ichimoku Cloud is providing strong support beneath the price action, reinforcing the potential for upward momentum. Keep a close watch on the breakout for confirmation.

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🆘 What happened in Crypto in the last 12h? 🆘 • $BTC - Bitcoin surpasses 69.3k. It's about 6% away from breaking the previous high. • $APE - Yuga Labs has launched ApeChain. After the launch of ApeChain, $APE surged 118% and many memecoins were created. $BORED and $CURTIS are leading the list. • The market cap of $USDT Surpasses $120B. USDT's market cap has been continuously breaking its ATH since May last year. • $DYDX - Charles, CEO of the dYdX Foundation, announced in a tweet that tomorrow he will reveal secrets related to the concepts of moats, trojans, and flywheels. The dYdX team is preparing to launch the Pump platform, a new meme coin platform on dYdXchain. • $SUSHI - SushiSwap has posted “tomorrow” on X channel, hinting at a announcement. • Pump.Fun has announced that it will issue its own token on X space. And they released the 'pump advanced' feature. • $MEW - MEW posted on the X channel that Phase 2 begins soon, hinting at a announcement.

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#TOTAL MARKET CAP ANALYSIS The total cryptocurrency market cap has successfully broken out of the ascending triangle pattern and completed a successful retest above it. The Ichimoku Cloud is also showing bullish momentum, signaling strong upward movement. We anticipate the continuation of this bullish trend, with the next target being the all-time high zone. However, minor retracements may occur during the upward journey.

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Crypto Watchlist for the week ahead: $ATOM - Cosmos's largest annual conference starts on Oct. 21. Some big announcements are expected $MNT - Mantle's cmETH restaking token is launching soon + $COOK TGE is rumored to happen on Oct. 23 $RUNE - Thorchain Founder has teased a huge announcement for next week $ZKS - zkSync's proposal to launch a $40M ecosystem incentive program will go live next week $ADA - Cardano Summit event begins on Oct. 23. Binance CEO is rumored to make a big announcement for Cardano during it $INST - Instadapp's highly anticipated Fluid DEX product is launching next week $TANGO - Contango is launching its token $TANGO via Fjord Foundry on Oct. 21. Contango is a popular DeFi Looping Layer $SCROLL - Scroll token will launch on Oct 22. The snapshot for its airdrop was taken yesterday

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