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#BTC/USDT ANALYSIS Bitcoin remains within a descending broadening wedge pattern after sweeping liquidity below it. Currently,
#BTC/USDT ANALYSIS Bitcoin remains within a descending broadening wedge pattern after sweeping liquidity below it. Currently, it is rebounding off the support trendline. The 200 MA and the Ichimoku Cloud are both serving as resistance above the current price action. A solid breakout from the pattern is anticipated soon, which could lead Bitcoin to reach a new high.

#BTC/USDT ANALYSIS Bitcoin is experiencing a rebound from the support trendline and horizontal demand zone following a strong
#BTC/USDT ANALYSIS Bitcoin is experiencing a rebound from the support trendline and horizontal demand zone following a strong rejection at the resistance trendline of the descending broadening wedge pattern. This price movement suggests that Bitcoin is finding stability above the crucial demand zone and the pattern's support trendline. The 200-day moving average is currently providing robust support just below this demand zone, bolstering the bullish sentiment. However, the 100-day MA is posing as a resistance level, which could challenge the upward momentum. Despite this resistance, the overall technical indicators and market conditions suggest the potential for a strong bullish rally in the crypto market, as investors and traders remain optimistic about Bitcoin's capacity to break through these barriers and sustain an upward trajectory.

In the past 24 hours , 2,13,305 traders were liquidated , the total liquidations comes in at $827.23 million
In the past 24 hours , 2,13,305 traders were liquidated , the total liquidations comes in at $827.23 million

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#SLEEPLESSAI +689%๐Ÿ”ฅ #SHIB +830%๐Ÿ’Ž #SUSHI +351%โœ… #SLP +354%๐Ÿ’ฐ #ZRX +876%๐Ÿ’ฅ #VGX +221%๐ŸŒŸ #SXP +364%๐Ÿš€
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#SLEEPLESSAI +689%๐Ÿ”ฅ #SHIB +830%๐Ÿ’Ž #SUSHI +351%โœ… #SLP +354%๐Ÿ’ฐ #ZRX +876%๐Ÿ’ฅ #VGX +221%๐ŸŒŸ #SXP +364%๐Ÿš€

# | Coin | Price | Cap | 24h% 1 BTC $53,925 $1.06T -11.41% 2 ETH $2,263 $272.34B -22.46% 3 USDT $1.00 $114.32B -0.09% 4 BNB $444.05 $64.78B -16.04% 5 SOL $127.52 $59.44B -12.06% 6 USDC $1.00 $33.30B -0.04% 7 XRP $0.470 $26.30B -15.59% 8 STETH $2,243 $22.06B -23.13% 9 TON $5.36 $13.56B -10.99% 10 DOGE $0.0900 $13.22B -16.29%

Crypto Market Stats ๐Ÿ“Š Market Cap: $1,958,693,330,537 BTC Dominance: 54.33% 24h Volume: $240,775,952,688

๐Ÿ“ฐ Recent News in Crypto๐Ÿ”ฅ Crypto Market Rout Resumes as Equities Trading Briefly Halted in Japan 15 minutes ago via decrypt.coโžก The market tomorrow 35 minutes ago via unusual_whalesโžก Jump Crypto unstakes $315M of ETH, now headed to exchanges 36 minutes ago via cointelegraph.comโžก 24,009,969 #XRP (11,359,095 USD) transferred from #Binance to unknown wallet 47 minutes ago via whale_alertโžก 23,680,816 #XRP (11,203,373 USD) transferred from #Binance to unknown wallet 47 minutes ago via whale_alertโžก

๐Ÿ“… Events for Today 2024-8-06 - ELF Aelf v.1.10.0 Upgrade 2024-7-01 - FIL Dev Guild Cohort Program 2024-8-06 - STORJ PartnerSummit in Nashville, USA

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Binance Futures, Bitget Futures, ByBit USDT, KuCoin Futures, OKX Futures #KSM/USDT All take-profit targets achieved ๐Ÿ˜Ž Profit: 149.1974% ๐Ÿ“ˆ Period: 6 Hours 56 Minutes โฐ

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Binance Futures, Bitget Futures, ByBit USDT, KuCoin Futures, OKX Futures #SAND/USDT All take-profit targets achieved ๐Ÿ˜Ž Profit: 58.746% ๐Ÿ“ˆ Period: 6 Hours 42 Minutes โฐ

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#STORJ +1744%๐Ÿ”ฅ #YGG +1183%๐Ÿ”ฅ #SUI +935%๐Ÿ”ฅ
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#STORJ +1744%๐Ÿ”ฅ #YGG +1183%๐Ÿ”ฅ #SUI +935%๐Ÿ”ฅ

#RVN +1004%๐Ÿ’Ž #ZETA +1058%๐Ÿ’Ž #WLD +1031%๐Ÿ’Ž
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#RVN +1004%๐Ÿ’Ž #ZETA +1058%๐Ÿ’Ž #WLD +1031%๐Ÿ’Ž

#WOO +359% #WAXP +323% #WIF +289% #LINK +247%
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#WOO +359% #WAXP +323% #WIF +289% #LINK +247%

#BTC/USDT ANALYSIS Following the breakdown of the rising wedge pattern, the price has experienced a downward movement and is
#BTC/USDT ANALYSIS Following the breakdown of the rising wedge pattern, the price has experienced a downward movement and is currently trading below the Ichimoku Cloud, indicating a potential for further decline. The presence of a CME gap between the 60,845 and 58,790 levels suggests that the market may seek to fill these gaps before establishing a new direction. Historically, once such gaps are filled, the market often experiences a reversal, which in this case could lead to a strong bullish rally.

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โšก #1000PEPE/USDT ๐Ÿ“ค Long ๐Ÿ’น Buy: 0.009211 - 0.009000 ๐Ÿงฟ Target: 0.009300 - 0.009402 - 0.009530 - 0.009626 - 0.009722 - 0.009819 ๐Ÿงจ StopLoss: 0.008800 ๐Ÿ”˜ Leverage: 20x

#BTC/USDT ANALYSIS Bitcoin is currently facing rejection from the resistance trendline of its channel and is trading within t
#BTC/USDT ANALYSIS Bitcoin is currently facing rejection from the resistance trendline of its channel and is trading within the Ichimoku cloud. We might anticipate a bounce from this level. However, if Bitcoin breaks below the Ichimoku cloud, further market correction could occur.