#AEVO/USDT ANALYSIS

AEVO has broken out of the descending channel with good volume and is currently trading above the channel. The 21MA is acting as support below the current price action.

We need to wait for a successful retest, as a successful retest would serve as bullish confirmation.

BREAKING: stripe HAS EXPANDED ITS CRYPTOCURRENCY INTEGRATION INTO THE E.U. - ALLOWING USERS TO BUY $BTC, $SOL, $ETH AND OTHER COINS USING THEIR CREDIT OR DEBIT CARDS

BREAKING: krakenfx HAS SUCCESSFULLY RECEIVED FUNDS FROM MtGox TRUSTEE - TO DISTRIBUTE WITHIN 7-14 DAYS

JUST IN: $65,000 #Bitcoin 

#BTC/USDT ANALYSIS

Bitcoin is experiencing a robust rebound from its support trendline, yet it faces resistance from the Ichimoku cloud, reflecting current bearish momentum.

To gain a clearer bullish outlook, it is crucial to await a breakout above the Ichimoku cloud and the horizontal supply zone.

This breakout would signal a potential shift in market sentiment and pave the way for Bitcoin to reach new peak levels.

Patience is key as the market tests these critical resistance levels, but a successful breakout could mark the beginning of a significant upward trend.

# | Coin | Price | Cap | 1w%
1 BTC $63,794 $1.25T 11.50%
2 ETH $3,414 $410.57B 10.19%
3 USDT $1.00 $113.81B 0.24%
4 BNB $570.60 $87.81B 8.46%
5 SOL $157.95 $73.26B 16.14%
6 USDC $1.00 $33.75B 0.07%
7 STETH $3,416 $33.30B 9.85%
8 XRP $0.550 $30.84B 22.57%
9 TON $7.27 $18.25B -1.10%
10 DOGE $0.120 $17.32B 11.72%

Crypto Market Stats 📊
Market Cap: $2,455,958,663,257
BTC Dominance: 51.20%
24h Volume: $142,293,826,991

📅 Events for Today
2024/07/19 - RSR | Monetarium in San Francisco, USA

📰 Recent News in Crypto🔥

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#US DOLLAR ANALYSIS

The US dollar has broken down from a symmetrical triangle pattern with significant volume and is currently trading inside the Ichimoku cloud. We can anticipate a retest of the triangle.

A successful retest could signal the beginning of a bearish trend for the dollar. Interestingly, this development might bode well for the crypto market, as the relationship between the two tends to be inversely proportional.

#BTC/USDT ANALYSIS

Bitcoin is currently consolidating within a descending channel pattern and is facing resistance from the Ichimoku cloud, which indicates bearish momentum.

Meanwhile, the 200MA is acting as support, demonstrating bullish strength. We need to wait for a successful breakout above the Ichimoku cloud and the channel's resistance trendline to signal a potential bullish rally.

On the other hand, if Bitcoin breaks below the 200MA and the channel's support trendline, we could see a market correction.

#USDT DOMINANCE ANALYSIS

USDT.D is currently forming a rising wedge pattern and appears to be approaching the support trendline. The Ichimoku cloud is acting as a support below the current price action.

A sustained breakdown of the rising wedge and Ichimoku cloud would confirm a bearish trend, whereas a bounce from the support trendline would indicate further consolidation within the wedge pattern. It's important to note that USDT.D tends to move inversely to the crypto market.

📅 Events for Today
2024-7-01 - FIL Dev Guild Cohort Program

Crypto Market Stats 📊
Market Cap: $2,546,295,833,203
BTC Dominance: 51.56%
24h Volume: $146,358,004,420

# | Coin | Price | Cap | 24h%
1 BTC $66,578 $1.31T 4.31%
2 ETH $3,493 $419.95B 2.24%
3 USDT $1.00 $113.96B 0.07%
4 BNB $588.69 $90.53B 3.14%
5 SOL $170.64 $79.19B 7.13%
6 STETH $3,493 $34.06B 2.25%
7 USDC $1.00 $33.99B 0.01%
8 XRP $0.580 $32.22B 4.54%
9 TON $7.32 $18.41B 0.60%
10 DOGE $0.120 $18.13B 4.53%

📰 Recent News in Crypto🔥

‘10:1’ odds against US Bitcoin strategic reserve by 2028: BlockTower Capital
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🚨 JUST IN:

BlackRock has purchased over $1B worth of #Bitcoin this month, including $107M today! 💰

That's a staggering 18,600 #Bitcoin added to their holdings. This marks a total acceleration of inflows. 🚀

#Bitcoin

📰 Recent News in Crypto🔥

Bitcoin Vs. Ethereum: Why This Analyst Believes BTC Will Outperform ETH
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Crypto Market Stats 📊
Market Cap: $2,574,177,383,032
BTC Dominance: 51.57%
24h Volume: $97,052,250,345

# | Coin | Price | Cap | 24h%
1 BTC $67,339 $1.32T 1.47%
2 ETH $3,519 $422.81B 0.91%
3 USDT $1.00 $114.06B -0.02%
4 BNB $596.92 $91.75B 1.55%
5 SOL $174.24 $80.81B 2.34%
6 STETH $3,519 $34.32B 0.85%
7 USDC $1.00 $34.12B 0.02%
8 XRP $0.600 $33.34B 2.95%
9 DOGE $0.130 $19.38B 7.35%
10 TON $7.29 $18.33B -0.31%