The #Bitcoin Illiquid Supply metric, which measures the amount of supply held in wallets with minimal history of spending is at an ATH of 15.4M BTC.
Changes in Illiquid Supply often move in tandem with exchange withdrawals, suggesting investors continue to withdraw their coins into custody, with over +1.7M BTC doing so since May 2021.
Changes in Illiquid Supply often move in tandem with exchange withdrawals, suggesting investors continue to withdraw their coins into custody, with over +1.7M BTC doing so since May 2021.
#FLOKI/USDT ANALYSIS
FLOKI appears to have developed a cup and handle pattern, a technically bullish formation. A strong confirmation of bullish sentiment would be achieved through a decisive breakout above the designated horizontal resistance. Conversely, a rejection at this level could signal an impending correction.
FLOKI appears to have developed a cup and handle pattern, a technically bullish formation. A strong confirmation of bullish sentiment would be achieved through a decisive breakout above the designated horizontal resistance. Conversely, a rejection at this level could signal an impending correction.
U.S. CPI in 30 mins
Forecast:
CPI y/y: 3.3%
CPI m/m: 0.1%
Core CPI y/y: 4.1%
Core CPI m/m: 0.3%
Forecast:
CPI y/y: 3.3%
CPI m/m: 0.1%
Core CPI y/y: 4.1%
Core CPI m/m: 0.3%
The Crypto Express
U.S. CPI in 30 mins Forecast: CPI y/y: 3.3% CPI m/m: 0.1% Core CPI y/y: 4.1% Core CPI m/m: 0.3%
CPI y/y: 3.2%
CPI m/m: 0.0%
Core y/y: 4.0%
Core m/m: 0.2%
CPI m/m: 0.0%
Core y/y: 4.0%
Core m/m: 0.2%
#TOTAL MARKET CAP ANALYSIS
The total market cap has experienced significant breakouts above the MA 100, Ichimoku cloud, and the primary horizontal resistance. Historical data reveals strong bullish rallies following breakouts beyond the MA 100 and Ichimoku cloud.
Therefore, there is a high likelihood of a strong bullish rally as long as the market continues to trade above the specified key indicators.
The total market cap has experienced significant breakouts above the MA 100, Ichimoku cloud, and the primary horizontal resistance. Historical data reveals strong bullish rallies following breakouts beyond the MA 100 and Ichimoku cloud.
Therefore, there is a high likelihood of a strong bullish rally as long as the market continues to trade above the specified key indicators.
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#BTC/USDT ANALYSIS
After a powerful bullish rally, BTC has recently achieved a higher high and is presently in the process of establishing a higher low. A rebound is anticipated from the current support level.
However, if it fails to maintain a position above this support level, there is a possibility of a retest and the formation of a higher low above the marked horizontal support, further solidifying the upward trend.
After a powerful bullish rally, BTC has recently achieved a higher high and is presently in the process of establishing a higher low. A rebound is anticipated from the current support level.
However, if it fails to maintain a position above this support level, there is a possibility of a retest and the formation of a higher low above the marked horizontal support, further solidifying the upward trend.
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#RUNE/USDT ANALYSIS
RUNE has broken out of the descending trendline and the Ichimoku cloud on the weekly timeframe, accompanied by significant volume. The MACD crossover indicates a bullish momentum.
A continuation of the upward trend is anticipated either from this point onward or following a successful retest of the trendline.
RUNE has broken out of the descending trendline and the Ichimoku cloud on the weekly timeframe, accompanied by significant volume. The MACD crossover indicates a bullish momentum.
A continuation of the upward trend is anticipated either from this point onward or following a successful retest of the trendline.
#US DOLLAR ANALYSIS
The US dollar has distinctly encountered horizontal resistance and subsequently breached the MA 200. The MACD crossover indicates a bearish momentum.
Anticipation leans towards a continued downward trend in the dollar, potentially signaling a bullish trend for the market, given its inverse relationship.
The US dollar has distinctly encountered horizontal resistance and subsequently breached the MA 200. The MACD crossover indicates a bearish momentum.
Anticipation leans towards a continued downward trend in the dollar, potentially signaling a bullish trend for the market, given its inverse relationship.
#BTC/USDT ANALYSIS
BTC has successfully bounced after retesting above the horizontal support with decent volume. Bulls need a solid candle close above $38K. As long as it continues trading above the horizontal support, we anticipate a continuation of the bullish trend.
BTC has successfully bounced after retesting above the horizontal support with decent volume. Bulls need a solid candle close above $38K. As long as it continues trading above the horizontal support, we anticipate a continuation of the bullish trend.
#ADA/USDT ANALYSIS
ADA has broken out of the descending triangle and successfully retested above it. The volume is increasing and a continuation of the bullish move is expected as long as it continues to trade above the descending trendline.
ADA has broken out of the descending triangle and successfully retested above it. The volume is increasing and a continuation of the bullish move is expected as long as it continues to trade above the descending trendline.
BlackRock submitted an S-1 application for its spot Ethereum ETF to the SEC on November 15. An S-1 filing is a registration statement filed by a company with the SEC and is an important step in the listing process. Nasdaq previously submitted BlackRockβs proposed Ethereum spot ETF application to the SEC. β link
#USDT DOMINANCE ANALYSIS
USDT.D has extended its bearish trend subsequent to the breakdown of the MA 200 and the symmetrical triangle. Additionally, it has breached the horizontal support and is currently undergoing a retest below it.
A successful retest would confirm the continuation of the downward movement. It's essential to note that USDT.D exhibits an inverse correlation with the crypto market.
USDT.D has extended its bearish trend subsequent to the breakdown of the MA 200 and the symmetrical triangle. Additionally, it has breached the horizontal support and is currently undergoing a retest below it.
A successful retest would confirm the continuation of the downward movement. It's essential to note that USDT.D exhibits an inverse correlation with the crypto market.
#BTC/USDT ANALYSIS
BTC has bounced from the ascending trendline support and the 100-day moving average (MA). At present, it is trading within the Ichimoku cloud. RSI is situated in the neutral zone.
For bullish confirmation, it is crucial for the bulls to regain momentum, achieving a solid breakout beyond the horizontal resistance. Conversely, a sustained breakdown of the ascending trendline would signal a short-term correction.
BTC has bounced from the ascending trendline support and the 100-day moving average (MA). At present, it is trading within the Ichimoku cloud. RSI is situated in the neutral zone.
For bullish confirmation, it is crucial for the bulls to regain momentum, achieving a solid breakout beyond the horizontal resistance. Conversely, a sustained breakdown of the ascending trendline would signal a short-term correction.
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Buying #UTK/BTC here βπ»
Lying above the strong demand zone
Bullish harmonic pattern is showing its reversal zone
MACD crossover is showing bullish momentum
Expecting a big upward move from here π
Targets are mentioned in the chart
Lying above the strong demand zone
Bullish harmonic pattern is showing its reversal zone
MACD crossover is showing bullish momentum
Expecting a big upward move from here π
Targets are mentioned in the chart
Buying #UTK/USDT here βπ»
Lying above the strong demand zone
Bullish harmonic pattern is showing its reversal zone
MACD crossover is showing bullish momentum
Expecting a big upward move from here π
Targets are mentioned in the chart
Lying above the strong demand zone
Bullish harmonic pattern is showing its reversal zone
MACD crossover is showing bullish momentum
Expecting a big upward move from here π
Targets are mentioned in the chart
#UTK/USDT massive breakout of the falling wedge, looks ready for the huge pump π
#DOGE/USDT ANALYSIS
DOGE has sustained its bullish momentum following the breakout of the descending triangle. Presently, it encounters resistance at the MA 100. A candle closure above the MA 100 would serve as confirmation for the continuation of the upward trend.
DOGE has sustained its bullish momentum following the breakout of the descending triangle. Presently, it encounters resistance at the MA 100. A candle closure above the MA 100 would serve as confirmation for the continuation of the upward trend.