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**BTC to Form Cup-and-Handle Pattern Post-Correction** *Crypto Insights: May 17, 2024* *Duration: 1 min* ![$BTC ] **BTC Expected to Rise After Correction in 4-5 Month Descending Channel** According to Cointelegraph, Charles Edwards, the founder of Capriole Investments, has shared insights on Bitcoin's current market behavior. Edwards noted that the BTC/USD Binance weekly chart shows Bitcoin correcting within a descending channel between $58,000 and $65,000. This correction phase may persist for 4-5 months. However, Edwards remains optimistic, suggesting that Bitcoin could eventually form a cup-and-handle pattern, potentially pushing its price to $100,000 in the long term. ![Chart Icon] **Long-Term Bullish Outlook for $BTC ** Edwards further pointed out that Bitcoin's weekly close above $58,000 aligns with its long-term trend on the Hourly chart. While the formation of the cup-and-handle pattern could take up to nine months, maintaining the $58,000 support level keeps the technical outlook bullish. --- *For more detailed analysis, stay tuned to @OroCryptoTrends .*#CMEBitcoinSpotTrading #notcoin #MemeWatch2024 #ETHETFS #BTC
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### Cryptocurrency Market Briefing #### Market Overview The total valuation of the cryptocurrency market is currently at **\$2.26 trillion**, experiencing a slight decline of **0.44%** in the last 24 hours. #### Bitcoin Update Bitcoin (BTC), the leading digital currency, has seen a fluctuation in its trading price, ranging from **\$62,010** to **\$66,666** within the past day. As of the latest update at 09:30 AM (UTC), Bitcoin's trading value stands at **\$66,274**, marking a significant increase of **6.81%**. #### Altcoin Highlights The broader altcoin market shows a diverse performance, with several cryptocurrencies standing out. **ConstitutionDAO (PEOPLE)**, **Chromia (CHR)**, and **Sei Network (SEI)** have outperformed others, recording gains of **41%**, **29%**, and **27%** respectively. --- Stay updated with the latest movements in the cryptocurrency space and keep an eye on the dynamic market trends. Source:coinmarketcap #notcoin #GME #Memecoins #ETHETFS $BTC $$ETH $BNB #MarketSentimentToday @OroCryptoTrends
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$NOT ### 📢 **Market Alert: NOTCOIN ($NOT) Trading Notice** 📉 **Traders and Investors,** As the new cryptocurrency NOTCOIN ($NOT) makes its debut, we've noticed a wave of selling activity. It's important to tread carefully in these early stages. We suggest holding off on any immediate trading moves. Give the market time to find its footing and thoroughly evaluate the situation before committing to any trades. 🔍 **Monitor Closely:** Keep an eye out for upcoming analyses and updates to stay ahead. **#Notcoin #GME #MemeCoins #CryptoTrading ** 🌐💹
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$NOT congratulations all mining of Notcoin it's listed by unexpected prices this coin market is pulling back price by selling many holders of Notcoin people #notcoin #GME #Memecoins
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### SEC's Regulatory Stance on Cryptocurrencies Faces Scrutiny
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实时新闻
BNB 跌破 580 USDT,24 小时涨幅收窄至2.29%
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亿万富翁Steve Cohen旗下的Point72对冲基金投资7750万美元购买Fidelity Wise Origin Bitcoin Fund
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观点:美国参议员Cynthia Lummis支持比特币立法
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美国众议院民主党人威利·尼克尔希望SEC撤销加密货币会计指导意见
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美国证券交易委员会可能不会批准基于以太坊的ETF
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