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Strongest Accumulations across the market #AAVE - Channel #ENS - Rounding Bottom Accumulate $AAVE & $ENS until it's too late ïž #MtGoxJulyRepayments #BinanceTurns7 #BinanceHODLerBANANA #SOFR_Spike #VanEck_SOL_ETFS
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A review of Bitcoin on the CME exchange. đȘ At the moment, trading on the CME exchange is suspended for the weekend, but tomorrow we will see the opening of a new trading week. It is interesting that on the 4H chart the price of $BTC continues to move in the descending channel, but managed to grow from the lower boundary to its middle and consolidate above it by testing the EMA200. This is a good signal, which indicates the strength of the upward movement. The opening of the week may occur with GAP overlap in the range of $65850 - $66600, so when the correction to this zone you can look for entry points to long positions, if you have not opened them before. Now the key level remains the $72600 mark, if the $BTC price can reach it and consolidate above it, it means a full-fledged exit from the descending channel and soon conquest of a new price top.đ $BTC #ETH_ETFs_Trading_Today #BinanceHODLerBANANA #BinanceTurns7 #ETH_ETFs_Approval_Predictions #VanEck_SOL_ETFS
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#PUNDIX PundiX has broken out of a falling wedge pattern in the intraday timeframe This breakout suggests a strong bullish momentum building up Traders might see potential gains of up to 110% if the trend continues $PUNDIX #MtGoxJulyRepayments #Bitcoin_Coneference_2024 #BinanceTurns7 #ETH_ETFs_Approval_Predictions
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Bitcoin's dominance has settled at an important level of 56%. The 56% level is the 0.5 Fibonacci retracement mark. đȘ If this level is broken, Bitcoin dominance could rise to 60% and return to 2021 values. But I am not considering this game-plan right now. I am leaning towards a consolidation below the 56% level and a subsequent decline in dominance, which will lead to a spillover into altcoins. Which will trigger a new boom around altcoins. The Ethereum ETFs and the overall technologization and usefulness of many altcoins could contribute to this. When Bitcoin continues to be a savings vehicle and already less profitable for miners after halving. We may see a reduction in dominance to 50% as early as September. #BinanceTournament #CPIAlert #Megadrop #btc
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Bitcoin local review. đȘ Locally, the market hovered in one range, further developments should be expected in the next two days. As the decision on interest rate from the US Fed will take place on Wednesday. According to analysts, the interest rate will either decrease by 0.25% or remain unchanged. In turn, I expect another pause, which is already embedded in the price movement. Therefore, I believe that before the interest rate decision the BTC price can be lowered a bit to cover the lower imbalance and collect liquidity, which will then continue the upward movement. Now it is better to refrain from positions, but in case #BTC price drops to the zone of $68500 - $67800 you can open long positions.đ $BTC #BinanceTournament #altcoins #BTC #bitcoin
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