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Jasin
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$BTC The gap between BlackRock's IBIT and Strategy has narrowed to 20,000 BTC: - IBIT: 573,869 BTC - MSTR: 553,555 BTC
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$BTC BTC/USDT ANALYSIS Bitcoin is currently consolidating within a symmetrical triangle pattern, rebounding from the support trendline. The 21MA is acting as a resistance barrier above the price action. A decisive breakout or breakdown is needed to confirm the next directional move. It’s important to closely monitor further price action developments.
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$BTC 🚀 Top Trending Coins (Today) 1. TON 2. QUBIC 3. ABT 4. LYX 5. SUI 6. PENGU 7. WAL 8. VIRTUAL 9. WLD 10. TAO 11. ONDO 12. ZORA 13. FARTCOIN 14. HYPER 15. RENDER
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#USDT #USDT DOMINANCE ANALYSIS USDT Dominance is consolidating within a descending triangle pattern and is currently facing rejection from the resistance trendline. The price remains below the Ichimoku Cloud, which continues to act as a resistance barrier. This setup favors the potential for further downward movement. However, a breakout above the pattern with strong volume could signal a potential upward move. Keep a close eye on the upcoming price action. Given its inverse correlation with the broader cryptocurrency market, a decline in USDT Dominance could indicate growing bullish momentum across the crypto ispace. $BTC
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FYI: Federal Reserve no longer requires banks to provide notification when dealing with Bitcoin & crypto and will "support innovation" where appropriate. $BTC
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