#BTC/USDT ANALYSIS

BTC bounced after successfully retesting the descending trendline and horizontal support. Currently, it is facing a trendline resistance at $27500.

A breakout of this level would confirm a move toward the point of control level of $28302, which is the main level for bulls to do a solid breakout for the confirmation of a strong bullish rally.

In case of rejection and a sustained breakdown of the ongoing horizontal support a downward move is also expected toward the lower marked horizontal support.

#BTC/USDT ANALYSIS

BTC breakdown the head & shoulder pattern and retested successfully below it. Currently, it is holding above MA 100.

A sustained breakdown of MA 100 would confirm a move toward the marked trendline and horizontal support, from where a good volume bounce is expected.

In case of a bounce from here and bulls reclaim the neckline of the head & shoulder, then that would be a bullish sign.

📅 Events for Today
2023/05/24 - KLIMA | ReFi Summit in Seattle, USA
2023/05/24 - QMALL | Crypto-Conference in Warsaw, Poland
2023/05/24 - BGB | Family Office Summit 2023
2023/05/24 - TLOS | Next Block Expo in Warsaw, Poland
2023/05/24 - CGO | Institutional Digital Assets Conference in London, UK
2023/05/24 - NYM | CPDP Conference in Brussels, Belgium
2023/05/24 - DESO | Listing on LBank
2023/05/24 - DEP | Maintenance
2023/05/24 - XRPH | AMA on Bitrue Telegram
2023/05/24 - GAFI | AMA on Twitter
2023/05/24 - O3 | Giveaway
2023/05/24 - PMR | AMA on Bitrue Discord
2023/05/24 - BGB | AMA on Twitter
2023/05/24 - DEGO | AMA on Telegram
2023/05/24 - XCAD | AMA on Telegram
2023/05/24 - OGGY | Listing on Poloniex
2023/05/24 - SKUY | Token Swap
2023/05/24 - DOT | Community Call
2023/05/24 - NYM | AMA on Twitter
2023/05/24 - ARB | AMA on Twitter
2023/05/24 - CREO | AMA on Discord
2023/05/24 - UMB | AMA on Twitter
2023/05/24 - PERP | Workshop
2023/05/24 - LQTY | Live Stream on YouTube
2023/05/24 - BIDZ | Listing on BitMart
2023/05/24 - SUPR | AMA on Twitter
2023/05/24 - BEPRO | AMA on Twitter
2023/05/24 - FLR | AMA on Discord
2023/05/24 - COMBO | AMA on Discord
2023/05/24 - VEED | AMA on Discord
2023/05/24 - HBAR | Testnet v.0.38 Launch
2023/05/24 - ATLAS | AMA on Discord
2023/05/24 - POKT | AMA on Telegram
2023/05/24 - DG | AMA on Twitter

Top 10 by Market Cap ⚡
1. BTC - $27,161 (0.43%)
2. ETH - $1,846 (0.41%)
3. USDT - $1.000 (0.04%)
4. BNB - $312.62 (0.39%)
5. USDC - $1.00 (-0.03%)
6. XRP - $0.463 (0.03%)
7. ADA - $0.369 (-0.05%)
8. STETH - $1,846 (0.45%)
9. DOGE - $0.0725 (-1.21%)
10. MATIC - $0.886 (0.66%)

Crypto Market Stats 📊
Market Cap: $1,183,361,524,402
BTC Dominance: 44.48%
24h Volume: $82,925,621,724

📰 Recent News in Crypto🔥

ETH can be a security and a commodity: Former CFTC commissioner
26 minutes ago via cointelegraph.com➡

We have two roads ahead of us: Bitcoin or Slavery #bitcoin #crypto #shorts
33 minutes ago via youtube.com➡

ATTENTION - $4.3Mn MKR Moved to Binance! #shorts
1 hour ago via youtube.com➡

Malaysian Police Bust ‘USDT-powered Crypto Exchange’ – Suspects ‘Sold Crypto to China’
1 hour ago via cryptonews.com➡

Crypto Funds Lose Millions for Fifth Week as $LTC and $XRP Attract Investors
1 hour ago via cryptoglobe.com➡

📅 Events for Today
2024-7-01 - FIL Dev Guild Cohort Program
2024-7-16 - ADA Zurich Meetup, Switzerland

Crypto Market Stats 📊
Market Cap: $2,388,694,733,855
BTC Dominance: 51.25%
24h Volume: $108,768,505,047

# | Coin | Price | Cap | 24h%
1 BTC $62,076 $1.22T 4.49%
2 ETH $3,299 $396.59B 4.18%
3 USDT $1.00 $112.53B 0.57%
4 BNB $550.50 $84.69B 3.12%
5 SOL $151.65 $69.97B 5.62%
6 USDC $1.00 $33.92B 0.32%
7 STETH $3,302 $31.85B 4.15%
8 XRP $0.530 $29.59B 2.19%
9 TON $7.51 $18.69B 3.06%
10 DOGE $0.120 $17.10B 4.69%

📰 Recent News in Crypto🔥

USDC gains ground: Tether’s market share drops to 74% in 2024
32 minutes ago via ambcrypto.com➡

Spot Ethereum ETF Approval Expected This Week, Says Nate Geraci
36 minutes ago via beincrypto.com➡

Bitcoin, Ethereum, Dogecoin Recover As Market Reacts Positively To Trump Escaping Assassination Attempt: Analyst Predicts King Crypto's Pullback Before Rise To $63.8K
50 minutes ago via feeds2.benzinga.com➡

Bitcoin Pumps Following Trump Shooting
1 hour ago via youtube.com➡

Bitcoin whales snapped up $4.3B of BTC amid price slump
2 hours ago via cointelegraph.com➡

#BTC/USDT ANALYSIS

Bitcoin has broken out of its descending broadening wedge pattern with significant volume. Currently, it is trading above the Ichimoku cloud, indicating strong bullish momentum.

However, the 200-day moving average is acting as a resistance barrier. A breakout above the 200MA would signal further bullish momentum for BTC.

#XRP/USDT ANALYSIS

XRP is showing a strong rebound from the support trendline of the symmetrical triangle. A breakout from the triangle would indicate a bullish trend.

However, the Ichimoku cloud is acting as resistance above the triangle's resistance trendline. The price may also face rejection from the resistance trendline of the triangle. Keep an eye on this development.

#SUI/USDT - SHORT

Entry : 0.79458 - 0.81840

Targets :
0.79010
0.78615
0.78231
0.77864
0.77398
0.77050
0.76532

Stoploss : 0.84250

Leverage : 25x Cross

📅 Events for Today
2024-7-01 - FIL Dev Guild Cohort Program
2024-7-17 - WAVES Delisting From WazirX

# | Coin | Price | Cap | 24h%
11 ADA $0.450 $15.89B 2.43%
12 TRX $0.140 $11.89B -1.33%
13 SHIB $0 $11.66B 10.44%
14 AVAX $27.76 $10.94B 4.17%
15 WBTC $64,760 $10.01B 5.32%
16 DOT $6.48 $8.99B 1.54%
17 LINK $14.42 $8.77B 5.60%
18 BCH $398.13 $7.85B 4.51%
19 NEAR $5.96 $6.53B 8.61%
20 UNI $8.61 $6.49B 1.76%

Crypto Market Stats 📊
Market Cap: $2,493,774,481,849
BTC Dominance: 51.21%
24h Volume: $175,815,084,582

📰 Recent News in Crypto🔥

Dogecoin Flashes Same Pattern That Led To 2021 Surge, Here’s The Target
22 minutes ago via newsbtc.com➡

SEC has given ‘preliminary approval’ to at least 3 ETH ETF issuers: Report
27 minutes ago via cointelegraph.com➡

Ethereum Spot ETFs Likely To Start Trading By July 23 Provided 'No Unforeseeable Last Min Issues' Occur
43 minutes ago via feeds2.benzinga.com➡

Bitcoin Bulls Take Charge, Traders Flow Back: Up Next $72,000?
52 minutes ago via bitcoinist.com➡

Bitcoin Whale Awakens From 12-Year Slumber to Over 500,000% Gains on Their BTC
1 hour ago via cryptoglobe.com➡