A necessary read about the regulatory direction of Cryptocurrency (TL:DR it's bullish)
https://www.reddit.com/r/CryptoCurrency/comments/r218s7/the_most_important_piece_of_regulation_on/
https://www.reddit.com/r/CryptoCurrency/comments/r218s7/the_most_important_piece_of_regulation_on/
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https://www.dextools.io/app/ether/pair-explorer/0xb4ecce46b8d4e4abfd03c9b806276a6735c9c092
👆Bumper token, watch price here
👆Bumper token, watch price here
#BTC/USDT ANALYSIS
Bitcoin is consolidating within a falling wedge pattern and is currently rebounding from the support trendline. The Ichimoku Cloud is acting as a resistance barrier near the upper boundary of the pattern.
A decisive breakout above both the wedge and the cloud would signal a bullish trend, while a breakdown below the support trendline would invalidate the pattern.
Bitcoin is consolidating within a falling wedge pattern and is currently rebounding from the support trendline. The Ichimoku Cloud is acting as a resistance barrier near the upper boundary of the pattern.
A decisive breakout above both the wedge and the cloud would signal a bullish trend, while a breakdown below the support trendline would invalidate the pattern.
#BTC/USDT ANALYSIS
Bitcoin is trading just below the resistance trendline after rebounding strongly from the wedge's support. The Ichimoku Cloud is acting as a resistance barrier above the current price action.
A decisive breakout from the pattern would confirm a bullish trend. Keep a close watch.
Bitcoin is trading just below the resistance trendline after rebounding strongly from the wedge's support. The Ichimoku Cloud is acting as a resistance barrier above the current price action.
A decisive breakout from the pattern would confirm a bullish trend. Keep a close watch.