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Crypto Alchemy
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$BTC
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Symmetrical triangles are coming to its end๐
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Crypto Alchemy
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#BTC/USDT ANALYSIS $BTC is maintaining its position above the ascending trendline support while encountering resistance from the MA 200 and the Ichimoku cloud. A decisive breakout above the Ichimoku cloud would confirm bullish sentiment, whereas a sustained breakdown of the ascending trendline would signal bearish momentum in the market.
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The first satoshi of #Bitcoin's fourth halving block just auctioned off for 33.3 $BTC worth over $2.1 million
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Memecoins are on the recovery path๐ค ๐ฐ #PEPE/USDT is ready to break out of the bullish flag on daily chart๐ Looks we see another leg upwards here๐ #Memecoins #BullorBear #crytocurency
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#Bitcoin #ETFs hold 851k $BTC , 4.3% of circulating Bitcoin. After strong starts with inflows up to $2.5B, there's a slowdown since March. With Bitcoin at $60k after a drop, are more corrections ahead?
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#US DOLLAR ANALYSIS The US dollar pumped following the breakout of the symmetrical triangle. Currently, it is encountering horizontal resistance. The RSI is in the overbought region. A rejection could be a likely scenario as long as it is trading below the horizontal resistance, while a solid breakout would confirm bullishness. It's worth noting that it typically moves inversely to the crypto market.
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