#ata/usdt broke out of the descending accumulation👀 Send i | Crypto Revolution Masters en Binance Square

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#ata/usdt broke out of the descending accumulation👀
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#BTC/USDT ANALYSIS Bitcoin has broken out of its descending triangle pattern with strong volume. The Ichimoku cloud is providing support below the current price action and showing bullish momentum. We should wait for a retest. A successful retest would confirm further bullish momentum for BTC. Conversely, if the retest fails, we may see the price revert to moving within the triangle. $BTC

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🚨What happened in Crypto in the last 12h?🚨 • Grayscale's $ETHE saw a $346.2M outflow on the third day. They are selling ETH about 3x faster (13% vs 4.3%) than BTC, amid lower liquidity summer conditions. • Coinbase will add support for perpetual futures on $DYM, $MKR and $AAVE on August 1. • $AAVE - AAVE founder Marc Zeller proposed a fee switch for buyback of Aave tokens from the secondary market. • $CORE - CoreDAO introduced a dual staking model, allowing both $BTC and $CORE tokens to be staked for enhanced rewards. • $DRIFT - Drift will launch official prediction markets very soon. • $PIRATE - Pirate Nation #0xDith has teased plans to bring v1 multichain online and unblock several new features in the coming weeks. • $PSTAKE - pSTAKE’s Bitcoin liquid staking testnet will be launched on July 29 with a 50 $BTC deposit cap. • $REZ - #RenzoGov has proposed to allocate 5% of the total $REZ token supply to ezPoints recipients and liquidity emissions over 5 months. • $JTO - The Jito Foundation has released the code for Jito Restaking, a next-generation hybrid staking, restaking, and LRT module. • $XDC - XDC Network has announced Deutsche Telekom MMS joining as a node infrastructure provider. • OpenAI has announced SearchGPT, an AI-powered search engine prototype. $WLD • The Jersey City Pension Fund is in the process of updating paperwork to the SEC to allocate a percentage of the fund to Bitcoin ETFs, similar to what the Wisconsin Pension Fund has done with a 2% allocation. #StevenFulop

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