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Hello everyone! 👋 Stay updated and connected with us beyond this platform by following our other social media accounts: linktr.ee/cryptoscouts Join us on these platforms for more insights, updates, and exclusive content. 🔍Crypto Scouts team
Hello everyone! 👋 Stay updated and connected with us beyond this platform by following our other social media accounts:

linktr.ee/cryptoscouts

Join us on these platforms for more insights, updates, and exclusive content.

🔍Crypto Scouts team
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📢BONKUSDT Market analysis: Cup and Handle Pattern in Play📊 On the 4-hour timeframe, BONKUSDT has formed a classic cup and handle pattern, which is typically a bullish signal. The price has broken out above the neckline of this pattern and is currently retesting this critical level. The retest of the neckline is a crucial phase. If the price successfully holds above this level and confirms the breakout, we can expect to see further upward movement. This scenario would indicate strong buying interest and could lead to significant gains as the bullish trend continues. 🔍Crypto Scouts analytics team $BONK #ANALYSIS #BONK🔥🔥
📢BONKUSDT Market analysis: Cup and Handle Pattern in Play📊

On the 4-hour timeframe, BONKUSDT has formed a classic cup and handle pattern, which is typically a bullish signal. The price has broken out above the neckline of this pattern and is currently retesting this critical level.

The retest of the neckline is a crucial phase. If the price successfully holds above this level and confirms the breakout, we can expect to see further upward movement. This scenario would indicate strong buying interest and could lead to significant gains as the bullish trend continues.

🔍Crypto Scouts analytics team

$BONK #ANALYSIS #BONK🔥🔥
📢JOE Market Insights: Post-Breakout Consolidation📊 On the H4 timeframe, JOE's price action has formed a descending triangle pattern and successfully broken out of its trendline, indicating a potential shift in market dynamics. Currently, the price is consolidating above its support level, which is marked between $0.348 and $0.340. This consolidation phase is crucial as it will determine the next directional move. If the price can maintain its position above this support range, we may see a continuation of the upward trend. The next significant level to watch is the upper side buy-side liquidity level, marked at $0.387. Achieving this level would confirm a bullish continuation and attract more buyers into the market. However, traders should also be cautious of any potential reversals. If the price falls below the support range, it could indicate a failure to sustain the breakout, leading to increased selling pressure and a possible retest of lower support levels. Monitoring the price action around the current support and the liquidity level at $0.387 will provide valuable insights into the market's future direction. A successful hold above the support and a move towards the liquidity level would strengthen the bullish outlook for JOE. 🔍Crypto Scouts analytics team $JOE #ANALYSIS
📢JOE Market Insights: Post-Breakout Consolidation📊

On the H4 timeframe, JOE's price action has formed a descending triangle pattern and successfully broken out of its trendline, indicating a potential shift in market dynamics. Currently, the price is consolidating above its support level, which is marked between $0.348 and $0.340.

This consolidation phase is crucial as it will determine the next directional move. If the price can maintain its position above this support range, we may see a continuation of the upward trend. The next significant level to watch is the upper side buy-side liquidity level, marked at $0.387. Achieving this level would confirm a bullish continuation and attract more buyers into the market.

However, traders should also be cautious of any potential reversals. If the price falls below the support range, it could indicate a failure to sustain the breakout, leading to increased selling pressure and a possible retest of lower support levels.

Monitoring the price action around the current support and the liquidity level at $0.387 will provide valuable insights into the market's future direction. A successful hold above the support and a move towards the liquidity level would strengthen the bullish outlook for JOE.

🔍Crypto Scouts analytics team

$JOE #ANALYSIS
📢Market Update: BTC Breaks Out, Eyes Bullish Continuation📊 Bitcoin has recently broken out of its descending channel and surpassed a key horizontal resistance level, indicating a significant shift in market dynamics. Currently, the price is retesting above this crucial resistance level, which will be pivotal in determining the next directional move. A successful retest and consolidation above this horizontal resistance would confirm a bullish trend, potentially paving the way for further upward momentum. This scenario would attract more buyers, reinforcing the bullish sentiment and possibly leading to higher price targets. However, if the retest fails and the price falls back into the descending channel, it would suggest a potential market correction. This would indicate that the breakout was a false signal, and sellers might regain control, pushing the price lower. 🔍Crypto Scouts analytics team $BTC #BTC #Bitcoin #ANALYSIS
📢Market Update: BTC Breaks Out, Eyes Bullish Continuation📊

Bitcoin has recently broken out of its descending channel and surpassed a key horizontal resistance level, indicating a significant shift in market dynamics. Currently, the price is retesting above this crucial resistance level, which will be pivotal in determining the next directional move.

A successful retest and consolidation above this horizontal resistance would confirm a bullish trend, potentially paving the way for further upward momentum. This scenario would attract more buyers, reinforcing the bullish sentiment and possibly leading to higher price targets.

However, if the retest fails and the price falls back into the descending channel, it would suggest a potential market correction. This would indicate that the breakout was a false signal, and sellers might regain control, pushing the price lower.

🔍Crypto Scouts analytics team

$BTC #BTC #Bitcoin #ANALYSIS
📢Market Update: USDT Dominance Faces Critical Resistance📊 The USDT dominance chart shows a rejection from the horizontal resistance of the ascending triangle, indicating a potential turning point. This resistance has proven significant, as the price was unable to break through it, suggesting we might witness further movement within the confines of this triangle pattern. In the coming days, it's essential to monitor the price action closely. A breakout above the resistance, followed by a successful retest, would signal a bullish continuation, potentially leading to a higher dominance of USDT. Conversely, a breakdown below the ascending support line, confirmed by a retest, would indicate a bearish scenario, reducing USDT's market dominance. It's crucial to remember that USDT dominance often moves inversely to the overall cryptocurrency market. Thus, any significant changes in this chart could provide insights into the broader market trends. Traders should adjust their strategies accordingly, staying vigilant for either a breakout or breakdown, which will set the next direction for USDT dominance. 🔍Crypto Scouts analytics team #USDT
📢Market Update: USDT Dominance Faces Critical Resistance📊

The USDT dominance chart shows a rejection from the horizontal resistance of the ascending triangle, indicating a potential turning point. This resistance has proven significant, as the price was unable to break through it, suggesting we might witness further movement within the confines of this triangle pattern.

In the coming days, it's essential to monitor the price action closely. A breakout above the resistance, followed by a successful retest, would signal a bullish continuation, potentially leading to a higher dominance of USDT. Conversely, a breakdown below the ascending support line, confirmed by a retest, would indicate a bearish scenario, reducing USDT's market dominance.

It's crucial to remember that USDT dominance often moves inversely to the overall cryptocurrency market. Thus, any significant changes in this chart could provide insights into the broader market trends. Traders should adjust their strategies accordingly, staying vigilant for either a breakout or breakdown, which will set the next direction for USDT dominance.

🔍Crypto Scouts analytics team

#USDT
📢Bitcoin on the Rise: Breakout Points to 66K Target📊 Bitcoin has recently demonstrated a strong breakout above the trend line, aligning perfectly with our previous predictions. This bullish movement indicates a potential shift in market sentiment, suggesting that the downward trend might be over. If the current bullish momentum continues to hold, we can expect Bitcoin to rally further, targeting the 66K mark in the near future. This upward movement is supported by the significant buying interest and the breaking of key resistance levels. Traders should keep an eye on the next few trading sessions. Sustained momentum and increased trading volume will be crucial in confirming this upward trend. If Bitcoin manages to maintain its position above the trend line, it will strengthen the bullish case and increase the likelihood of reaching our 66K target. 🔍Crypto Scouts analytics team $BTC #BTC☀ #ANALYSIS
📢Bitcoin on the Rise: Breakout Points to 66K Target📊

Bitcoin has recently demonstrated a strong breakout above the trend line, aligning perfectly with our previous predictions. This bullish movement indicates a potential shift in market sentiment, suggesting that the downward trend might be over.

If the current bullish momentum continues to hold, we can expect Bitcoin to rally further, targeting the 66K mark in the near future. This upward movement is supported by the significant buying interest and the breaking of key resistance levels.

Traders should keep an eye on the next few trading sessions. Sustained momentum and increased trading volume will be crucial in confirming this upward trend. If Bitcoin manages to maintain its position above the trend line, it will strengthen the bullish case and increase the likelihood of reaching our 66K target.

🔍Crypto Scouts analytics team

$BTC #BTC☀ #ANALYSIS
📢Big moves in the cryptocurrency ETF world!📊 Yesterday, Bitcoin spot ETFs saw a remarkable $73 million inflow, with Grayscale Bitcoin Trust (GBTC) recording a significant single-day outflow of little over $27 million. In contrast, BlackRock’s Bitcoin ETF (IBIT) saw a robust $82.5 million inflow, while ARKB, the joint venture of Ark Invest and 21Shares, reported a nearly $43 million inflow. These ETF movements come post the 2023 court reversal recognizing Bitcoin as a commodity. However, other tokens face scrutiny, potentially as unregistered securities under the SEC, which is also monitoring Solana closely. Meanwhile, the US government recently transferred 3,940 Bitcoin to Coinbase Prime from its holdings of approximately 214,000 Bitcoin, valued at over $13 billion. The cryptocurrency landscape is evolving rapidly—stay informed! 📈💫 🔍Crypto Scouts news team $BTC $SOL #cryptonews #BinanceTournament
📢Big moves in the cryptocurrency ETF world!📊

Yesterday, Bitcoin spot ETFs saw a remarkable $73 million inflow, with Grayscale Bitcoin Trust (GBTC) recording a significant single-day outflow of little over $27 million. In contrast, BlackRock’s Bitcoin ETF (IBIT) saw a robust $82.5 million inflow, while ARKB, the joint venture of Ark Invest and 21Shares, reported a nearly $43 million inflow.

These ETF movements come post the 2023 court reversal recognizing Bitcoin as a commodity. However, other tokens face scrutiny, potentially as unregistered securities under the SEC, which is also monitoring Solana closely.

Meanwhile, the US government recently transferred 3,940 Bitcoin to Coinbase Prime from its holdings of approximately 214,000 Bitcoin, valued at over $13 billion.

The cryptocurrency landscape is evolving rapidly—stay informed! 📈💫

🔍Crypto Scouts news team

$BTC $SOL #cryptonews #BinanceTournament
🚀 Ethereum Watch: Potential Breakout Ahead 🌟 Our team's observation shows Ethereum is currently consolidating within a falling wedge pattern, hinting at a possible major move. While a breakout above resistance hasn't happened yet, if it occurs, it could trigger substantial interest in memecoins linked to Ethereum and Bitcoin. Falling wedge patterns are typically bullish, suggesting potential upward momentum. A breakthrough in Ethereum's price could fuel growth not only for ETH but also for memecoins such as Dogecoin, Shiba Inu, and other Ethereum-based tokens known for their correlation with leading cryptocurrencies. Here’s our team's take: Technical Analysis: Ethereum is in a critical consolidation phase. A breakout above the upper wedge boundary could spark significant buying activity. Impact on Memecoins: Memecoins like Dogecoin and Shiba Inu often track major cryptocurrencies closely. An uptrend in ETH could attract investors to these tokens, potentially boosting trading volumes and prices. Investment Outlook: Investors monitoring ETH should consider potential long positions. Tracking resistance levels and trading volumes will be key for strategic market entry. In conclusion, Ethereum stands at a pivotal juncture. A breakout from the falling wedge pattern could signal notable market shifts ahead. Stay tuned as our team continues to monitor developments for potential opportunities📈 🔍Crypto Scouts analytics team $ETH #ETHETFsApproved #altcoins #BTC☀ #ETH🔥🔥🔥🔥 #BinanceTournament
🚀 Ethereum Watch: Potential Breakout Ahead 🌟

Our team's observation shows Ethereum is currently consolidating within a falling wedge pattern, hinting at a possible major move. While a breakout above resistance hasn't happened yet, if it occurs, it could trigger substantial interest in memecoins linked to Ethereum and Bitcoin.

Falling wedge patterns are typically bullish, suggesting potential upward momentum. A breakthrough in Ethereum's price could fuel growth not only for ETH but also for memecoins such as Dogecoin, Shiba Inu, and other Ethereum-based tokens known for their correlation with leading cryptocurrencies.

Here’s our team's take:

Technical Analysis: Ethereum is in a critical consolidation phase. A breakout above the upper wedge boundary could spark significant buying activity.

Impact on Memecoins: Memecoins like Dogecoin and Shiba Inu often track major cryptocurrencies closely. An uptrend in ETH could attract investors to these tokens, potentially boosting trading volumes and prices.

Investment Outlook: Investors monitoring ETH should consider potential long positions. Tracking resistance levels and trading volumes will be key for strategic market entry.

In conclusion, Ethereum stands at a pivotal juncture. A breakout from the falling wedge pattern could signal notable market shifts ahead. Stay tuned as our team continues to monitor developments for potential opportunities📈

🔍Crypto Scouts analytics team

$ETH #ETHETFsApproved #altcoins #BTC☀ #ETH🔥🔥🔥🔥 #BinanceTournament
📢SEC Delays Ethereum ETF Launch📊 🚀 The launch of spot Ethereum ETFs has been postponed as the SEC requested revisions on the S-1 forms, initially expected by July 2. Issuers now need to address the SEC's comments and resubmit by July 8, potentially pushing the launch to mid-July or later. ⏳ Despite predictions of a 14-21 day approval window, the exact timeline remains uncertain. 🤔 SEC Chair Gary Gensler mentioned that approvals could occur this summer and stated the process is "going smoothly." 🌞 Major issuers like BlackRock, Fidelity, and others are preparing for listings, with their timelines dependent on how quickly they respond to the SEC's requests📈 🔍Crypto Scouts news team $ETH #ETHETFsApproved #BinanceTournament #Altcoins👀🚀 #ETH🔥🔥🔥🔥
📢SEC Delays Ethereum ETF Launch📊

🚀 The launch of spot Ethereum ETFs has been postponed as the SEC requested revisions on the S-1 forms, initially expected by July 2. Issuers now need to address the SEC's comments and resubmit by July 8, potentially pushing the launch to mid-July or later. ⏳ Despite predictions of a 14-21 day approval window, the exact timeline remains uncertain. 🤔 SEC Chair Gary Gensler mentioned that approvals could occur this summer and stated the process is "going smoothly." 🌞 Major issuers like BlackRock, Fidelity, and others are preparing for listings, with their timelines dependent on how quickly they respond to the SEC's requests📈

🔍Crypto Scouts news team

$ETH #ETHETFsApproved #BinanceTournament #Altcoins👀🚀 #ETH🔥🔥🔥🔥
📢$BTC  Update:( 29 June)📊 The upcoming move will be determined in the next few hours. 🕒 Our last line of defense is the robust horizontal support at the current level. 🛡 If this support is breached, we might witness a considerable decline, possibly down to the 54.000 - 56.000 range 📉, which would signify a major bearish trend🐻 Conversely, a breakout above the existing downtrend appears more likely. 📈 Should this happen, we could see a retest of the 64.000 - 66.000 levels, suggesting a bullish reversal 🐂 and the potential for continued upward momentum🚀 Stay tuned for more updates as we keep a close watch on the developments👀 🔍Crypto Scouts analytics team #BTC☀ #Bitcoin❗ #BinanceTournament #ANALYSIS
📢$BTC  Update:( 29 June)📊

The upcoming move will be determined in the next few hours. 🕒 Our last line of defense is the robust horizontal support at the current level. 🛡 If this support is breached, we might witness a considerable decline, possibly down to the 54.000 - 56.000 range 📉, which would signify a major bearish trend🐻

Conversely, a breakout above the existing downtrend appears more likely. 📈 Should this happen, we could see a retest of the 64.000 - 66.000 levels, suggesting a bullish reversal 🐂 and the potential for continued upward momentum🚀

Stay tuned for more updates as we keep a close watch on the developments👀

🔍Crypto Scouts analytics team

#BTC☀ #Bitcoin❗ #BinanceTournament #ANALYSIS
📢$ORDI : 4-Hour Time Frame Technical Analysis📊 In recent market movements, we've observed a significant break from the previous uptrend 📉. This was followed by a retest, a subsequent decline, and a notable break of structure on the downside. Our team is monitoring these developments closely 👀, particularly the potential formation of a double bottom, which may have involved a liquidity grab at lower levels 🏦 At this stage, we will only confirm short positions if the price moves below the identified horizontal rectangle. Should the market instead move towards another retest of the trend, we will reassess and potentially initiate short positions from there 📌 Our approach remains cautious and strategic ⚖️, aiming to capitalize on clear market signals while mitigating risk 🚀 🔍Crypto Scouts analytics team #ordi​​​ #altcoins #ANALYSIS #BinanceTournament
📢$ORDI : 4-Hour Time Frame Technical Analysis📊

In recent market movements, we've observed a significant break from the previous uptrend 📉. This was followed by a retest, a subsequent decline, and a notable break of structure on the downside. Our team is monitoring these developments closely 👀, particularly the potential formation of a double bottom, which may have involved a liquidity grab at lower levels 🏦

At this stage, we will only confirm short positions if the price moves below the identified horizontal rectangle. Should the market instead move towards another retest of the trend, we will reassess and potentially initiate short positions from there 📌

Our approach remains cautious and strategic ⚖️, aiming to capitalize on clear market signals while mitigating risk 🚀

🔍Crypto Scouts analytics team

#ordi​​​ #altcoins #ANALYSIS #BinanceTournament
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Baisse (björn)
💰𝗖𝗢𝗜𝗡 : $DOGE /USDT 🔮𝗧𝗬𝗣𝗘 : Futures 🔍Direction: 📉SHORT📉 📌𝗘𝗡𝗧𝗥𝗬 : 0.128 - 0.125 ⚖️𝗟𝗘𝗩𝗘𝗥𝗔𝗚𝗘 : 10x 🎯𝗧𝗔𝗥𝗚𝗘𝗧𝗦 (ROI)🎯 1️⃣ 20% 2️⃣ 40% 3️⃣ 60% 4️⃣ 100% ❗️𝗦𝗧𝗢𝗣𝗟𝗢𝗦𝗦 = 🔴0.141 #doge⚡ #altcoins #signaladvisor #BinanceTournament
💰𝗖𝗢𝗜𝗡 : $DOGE /USDT
🔮𝗧𝗬𝗣𝗘 : Futures

🔍Direction: 📉SHORT📉
📌𝗘𝗡𝗧𝗥𝗬 : 0.128 - 0.125
⚖️𝗟𝗘𝗩𝗘𝗥𝗔𝗚𝗘 : 10x

🎯𝗧𝗔𝗥𝗚𝗘𝗧𝗦 (ROI)🎯

1️⃣ 20%
2️⃣ 40%
3️⃣ 60%
4️⃣ 100%

❗️𝗦𝗧𝗢𝗣𝗟𝗢𝗦𝗦 = 🔴0.141

#doge⚡ #altcoins #signaladvisor #BinanceTournament
📢$BTC Market Analysis📊 In recent market movements, we've observed significant price action indicating potential opportunities for traders. Our analysis indicates that the price has recently rebounded from a critical horizontal support level. Currently, it is showing signs of approaching a trendline resistance📌 If the price successfully breaks above this trendline and subsequently retests it, this could confirm a bullish trend🚀 Conversely, if the price fails to break above the trendline resistance and instead declines, potentially breaking below the horizontal support level, this could indicate a bearish trend📉 🔍Crypto Scouts analytics team #BTC☀ #Bitcoin❗ #ANALYSIS #BinanceTournament
📢$BTC Market Analysis📊

In recent market movements, we've observed significant price action indicating potential opportunities for traders. Our analysis indicates that the price has recently rebounded from a critical horizontal support level. Currently, it is showing signs of approaching a trendline resistance📌

If the price successfully breaks above this trendline and subsequently retests it, this could confirm a bullish trend🚀

Conversely, if the price fails to break above the trendline resistance and instead declines, potentially breaking below the horizontal support level, this could indicate a bearish trend📉

🔍Crypto Scouts analytics team

#BTC☀ #Bitcoin❗ #ANALYSIS #BinanceTournament
📢Market Breakdown of $BLZ 📊 The recent market activity of BLZ has shown notable movements on the 4-hour timeframe, reflecting a significant upward momentum from its established support zone📈 Considering the current market dynamics, it is anticipated that BLZ may encounter resistance within the 0.286 to 0.291 range. If the token's price fails to break through this level, it could result in a pullback or consolidation phase. However, a successful breach of this resistance could pave the way for further bullish advancements🚀 🔍Crypto Scouts analytics team #BLZ​​​ #ANALYSIS
📢Market Breakdown of $BLZ 📊

The recent market activity of BLZ has shown notable movements on the 4-hour timeframe, reflecting a significant upward momentum from its established support zone📈

Considering the current market dynamics, it is anticipated that BLZ may encounter resistance within the 0.286 to 0.291 range. If the token's price fails to break through this level, it could result in a pullback or consolidation phase. However, a successful breach of this resistance could pave the way for further bullish advancements🚀

🔍Crypto Scouts analytics team

#BLZ​​​ #ANALYSIS
💰𝗖𝗢𝗜𝗡 : ONDO/USDT 🔮𝗧𝗬𝗣𝗘 : SPOT Trading (Futures LONG) 🔍Direction: 📈LONG📈 📌𝗘𝗡𝗧𝗥𝗬 : 1.145 - 1.169 ⚖️𝗟𝗘𝗩𝗘𝗥𝗔𝗚𝗘 : 10x 🎯𝗧𝗔𝗥𝗚𝗘𝗧𝗦 (ROI)🎯 1️⃣ 20% 2️⃣ 40% 3️⃣ 60% 4️⃣ 100% ❗️𝗦𝗧𝗢𝗣𝗟𝗢𝗦𝗦 = 🔴1 #ONDO‬⁩ #IOprediction #signaladvisor #BinanceTournament #signalsfutures
💰𝗖𝗢𝗜𝗡 : ONDO/USDT
🔮𝗧𝗬𝗣𝗘 : SPOT Trading (Futures LONG)

🔍Direction: 📈LONG📈
📌𝗘𝗡𝗧𝗥𝗬 : 1.145 - 1.169
⚖️𝗟𝗘𝗩𝗘𝗥𝗔𝗚𝗘 : 10x

🎯𝗧𝗔𝗥𝗚𝗘𝗧𝗦 (ROI)🎯

1️⃣ 20%
2️⃣ 40%
3️⃣ 60%
4️⃣ 100%

❗️𝗦𝗧𝗢𝗣𝗟𝗢𝗦𝗦 = 🔴1

#ONDO‬⁩ #IOprediction #signaladvisor #BinanceTournament #signalsfutures
📢$PEPE : 4-Hour Time Frame Technical Analysis📊 Our team has observed significant technical developments in the PEPE/USDT trading pair 📈. The price has successfully broken above the short-term 0.618 Fibonacci retracement level, signaling a potential reversal from recent downtrends 🔄. Additionally, it has emerged from a falling wedge pattern, which is often seen as a bullish indicator 🚀 This breakout has occurred with strong momentum 💪, suggesting that buyers are gaining control. Based on these technical signals, we anticipate a substantial upward movement in the near future 🌟 🔍Crypto Scouts analytics team #pepe⚡ #ANALYSIS #BinanceTournament
📢$PEPE : 4-Hour Time Frame Technical Analysis📊

Our team has observed significant technical developments in the PEPE/USDT trading pair 📈. The price has successfully broken above the short-term 0.618 Fibonacci retracement level, signaling a potential reversal from recent downtrends 🔄. Additionally, it has emerged from a falling wedge pattern, which is often seen as a bullish indicator 🚀

This breakout has occurred with strong momentum 💪, suggesting that buyers are gaining control. Based on these technical signals, we anticipate a substantial upward movement in the near future 🌟

🔍Crypto Scouts analytics team

#pepe⚡ #ANALYSIS #BinanceTournament
📢Market Watch: Bitcoin Bounces Back Amid Market Fluctuations📊 Bitcoin (BTC) is showing signs of recovery after a notable decline earlier this week 📉. On Monday, Bitcoin tumbled over 7%, dropping from $63,000 to approximately $58,500. However, by Wednesday morning, it had rebounded to around $61,500 📈, marking a 7% increase from its weekly low. This recent dip has been partly attributed to news that Mt. Gox’s trustee may start distributing over $8.5 billion in crypto (140,000 BTC) 💰 to creditors next month. Despite the rebound, Bitcoin is heading for a down month, with prices in June falling about 10%. Over the past four months, Bitcoin has oscillated between $70,000 and $60,000 🔄, unable to maintain steady gains since peaking at over $73,000 in March. Investors are now eagerly awaiting new developments that could inject volatility and invigorate trading activity. 🔍Crypto Scouts analytics team $BTC #BTC☀ #Bitcoin❗ #BinanceTournament #ANALYSIS
📢Market Watch: Bitcoin Bounces Back Amid Market Fluctuations📊

Bitcoin (BTC) is showing signs of recovery after a notable decline earlier this week 📉. On Monday, Bitcoin tumbled over 7%, dropping from $63,000 to approximately $58,500. However, by Wednesday morning, it had rebounded to around $61,500 📈, marking a 7% increase from its weekly low.

This recent dip has been partly attributed to news that Mt. Gox’s trustee may start distributing over $8.5 billion in crypto (140,000 BTC) 💰 to creditors next month. Despite the rebound, Bitcoin is heading for a down month, with prices in June falling about 10%. Over the past four months, Bitcoin has oscillated between $70,000 and $60,000 🔄, unable to maintain steady gains since peaking at over $73,000 in March.

Investors are now eagerly awaiting new developments that could inject volatility and invigorate trading activity.

🔍Crypto Scouts analytics team

$BTC #BTC☀ #Bitcoin❗ #BinanceTournament #ANALYSIS
💰𝗖𝗢𝗜𝗡 : $GALA /USDT 🔮𝗧𝗬𝗣𝗘 : SPOT Trading (Futures LONG) 🔍Direction: 📈LONG📈 📌𝗘𝗡𝗧𝗥𝗬 : 0.0253 - 0.0278 ⚖️𝗟𝗘𝗩𝗘𝗥𝗔𝗚𝗘 : 10x 🎯𝗧𝗔𝗥𝗚𝗘𝗧𝗦 (ROI)🎯 1️⃣ 20% 2️⃣ 40% 3️⃣ 60% 4️⃣ 100% ❗️𝗦𝗧𝗢𝗣𝗟𝗢𝗦𝗦 = 🔴0.0239 #signaladvisor #Altcoins👀🚀 #BinanceTournament
💰𝗖𝗢𝗜𝗡 : $GALA /USDT
🔮𝗧𝗬𝗣𝗘 : SPOT Trading (Futures LONG)

🔍Direction: 📈LONG📈
📌𝗘𝗡𝗧𝗥𝗬 : 0.0253 - 0.0278
⚖️𝗟𝗘𝗩𝗘𝗥𝗔𝗚𝗘 : 10x

🎯𝗧𝗔𝗥𝗚𝗘𝗧𝗦 (ROI)🎯
1️⃣ 20%
2️⃣ 40%
3️⃣ 60%
4️⃣ 100%

❗️𝗦𝗧𝗢𝗣𝗟𝗢𝗦𝗦 = 🔴0.0239

#signaladvisor #Altcoins👀🚀 #BinanceTournament
📢Ethereum's Bullish Outlook📊 Our team has closely analyzed the Ethereum/BTC chart, focusing particularly on the weekly timeframe, and the results are exceptionally promising. We have identified a compelling bullish pattern known as a falling wedge. This pattern is characterized by a series of lower highs and lower lows converging towards a single point, indicating a tightening range in price action. Historically, falling wedges often precede significant upward movements in the market. They typically signal a period of consolidation and lower volatility, setting the stage for a breakout to the upside. In the case of Ethereum against Bitcoin, this setup suggests that a breakout above the upper boundary of the wedge is likely in the near term🔥 Given Ethereum's strong fundamentals and its position as a leader in the cryptocurrency market, we anticipate that this breakout could trigger a substantial rally in Ethereum's value relative to Bitcoin🚀 🔍Crypto Scouts analytics team $ETH $BTC #ETH🔥🔥🔥🔥 #ETHETFsApproved #BTC☀ #Bitcoin❗
📢Ethereum's Bullish Outlook📊

Our team has closely analyzed the Ethereum/BTC chart, focusing particularly on the weekly timeframe, and the results are exceptionally promising. We have identified a compelling bullish pattern known as a falling wedge. This pattern is characterized by a series of lower highs and lower lows converging towards a single point, indicating a tightening range in price action.

Historically, falling wedges often precede significant upward movements in the market. They typically signal a period of consolidation and lower volatility, setting the stage for a breakout to the upside. In the case of Ethereum against Bitcoin, this setup suggests that a breakout above the upper boundary of the wedge is likely in the near term🔥

Given Ethereum's strong fundamentals and its position as a leader in the cryptocurrency market, we anticipate that this breakout could trigger a substantial rally in Ethereum's value relative to Bitcoin🚀

🔍Crypto Scouts analytics team

$ETH $BTC #ETH🔥🔥🔥🔥 #ETHETFsApproved #BTC☀ #Bitcoin❗
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