Billionaire Academy

#ETH/USDT ANALYSIS ETH is consolidating within a descending triangle and is currently rebounding from the horizontal demand zone at the base of the triangle. The Ichimoku cloud is providing resistance above the price action within the triangle. We need to wait for a successful breakout above the resistance or a breakdown below the demand zone for a clear direction.

#BTC/USDT ANALYSIS Bitcoin is currently rebounding from the support trendline of its descending channel after a strong rejection. The 200-day moving average is acting as resistance above the current price. A breakout above the 200MA, coupled with a solid breakout from the descending channel, would confirm a bullish trend. Conversely, if Bitcoin breaks below the channel's support trendline, a further decline in the market is likely.

#US DOLLAR ANALYSIS The US dollar is currently facing rejection at the resistance trendline of a symmetrical triangle pattern while trading just above the support trendline, with the Ichimoku cloud providing additional support. A breakdown below the triangle and subsequent downward movement of the US dollar could trigger a bullish rally in the cryptocurrency market. To confirm the US dollar's next direction, it is crucial to wait for a definitive breakout or breakdown. Additionally, it is important to note that the US dollar often exhibits an inverse relationship with the cryptocurrency market.

#WIF/USDT ANALYSIS WIF is consolidating within a descending channel and is currently rebounding from the horizontal demand zone and the channel's support trendline. The Ichimoku cloud is acting as resistance. A decisive breakout from the channel and the Ichimoku cloud would serve as a bullish confirmation.

NEW: Fidelity #Bitcoin  ETF investors bought the dip in a BIG way, with $117 million in inflows. This marks their largest daily inflow since early June.

1INCH/USDT ANALYSIS 1INCH is currently rebounding from the horizontal demand zone within a descending triangle pattern. Both the 100MA and the Ichimoku Cloud are serving as resistance above this triangle. We should wait for a clear breakout or breakdown. A confirmed breakout would signal a bullish trend, whereas a breakdown would imply a bearish trend.

#Bitcoin  Miner capitulation mirrors Dec 2022 levels with a 7.7% hashrate drop, similar to post-FTX collapse conditions. Such declines often signal potential market bottoms.

#BTC/USDT ANALYSIS Bitcoin has broken down from the descending triangle and is currently trading below it. The 200-day moving average is acting as resistance above the price action, suggesting further downward movement. However, if Bitcoin attempts a retest but instead breaks above the resistance of the 200MA, further consolidation within the triangle can be expected. A decisive breakout above the triangle would serve as a strong bullish confirmation.

#FRONT/USDT ANALYSIS FRONT is rebounding from the horizontal demand zone of a descending triangle. A breakout above the 100-day moving average could trigger an upward movement. Additionally, if it breaks above the descending triangle, we can expect significant gains.

Mt. Gox said that it has started repayments to customers, ending a near 10-year long wait for some users to get their crypto back.

#BTC/USDT ANALYSIS Bitcoin has recently declined following the breakdown of a symmetrical triangle pattern. It is currently trading above a key horizontal demand zone. The Ichimoku cloud is serving as a resistance barrier above the current price action. The next significant support level is around the $52,000 mark, where a potential bounce can be anticipated.

BREAKING : Mt Gox moves 47,228 BTC ($2.71 billion dollars) from cold storage to a new wallet.

Bitget Futures, ByBit USDT #FTM/USDT Take-Profit target 2 ✅ Profit: 15.0236% 📈 Period: 5 Days 4 Hours 59 Minutes ⏰

Binance Futures, Bitget Futures, ByBit USDT, KuCoin Futures, OKX Futures #SOL/USDT Take-Profit target 4 ✅ Profit: 81.4672% 📈 Period: 1 Days 14 Hours 18 Minutes ⏰

Bitget Futures, ByBit USDT #FTM/USDT Take-Profit target 1 ✅ Profit: 10.1283% 📈 Period: 4 Days 19 Hours 37 Minutes ⏰

Binance Futures, Bitget Futures, ByBit USDT, KuCoin Futures, OKX Futures #SOL/USDT Take-Profit target 3 ✅ Profit: 70.1869% 📈 Period: 1 Days 11 Hours 35 Minutes ⏰

Binance Futures, Bitget Futures, ByBit USDT, KuCoin Futures, OKX Futures #SOL/USDT Take-Profit target 2 ✅ Profit: 59.8933% 📈 Period: 1 Days 7 Hours 56 Minutes ⏰

Binance Futures, Bitget Futures, ByBit USDT, KuCoin Futures, OKX Futures #ATOM/USDT Take-Profit target 6 ✅ Profit: 51.6486% 📈 Period: 3 Days 21 Hours 31 Minutes ⏰

Binance Futures, Bitget Futures, ByBit USDT, KuCoin Futures, OKX Futures #LINK/USDT Take-Profit target 5 ✅ Profit: 42.3117% 📈 Period: 3 Days 11 Hours 37 Minutes ⏰