As-salamu Alaikum Crypto Fam!
This week’s crypto analysis is here with a quick breakdown of the top players: BTC, USDT, and BNB.
1. BTC/USDT
Bitcoin is currently consolidating around the $70,000 mark. We’re seeing strong support near $68,200, and resistance at $71,500. A breakout above this level could push BTC toward $75,000 in the coming days. RSI is neutral, showing potential for an upward move.
2. BNB/USDT
BNB is showing bullish momentum. It's trading near $580, and if it breaks $600, we might see a quick move to $630. Volume is increasing gradually, indicating investor interest.
3. USDT Dominance
USDT dominance is steady, which suggests that traders are holding stablecoins, waiting for a breakout in BTC or Altcoins. This can be a sign of a potential move in the market.
Conclusion:
Watch out for breakout levels on BTC and BNB. Always use risk management! Charts attached for your reference.
Let me know what you're trading this week!
#Binance #CryptoAnalysis #BTC #BNB #USDT #WriteToEarn #CryptoPakistan
