#BTC/USDT ANALYSIS
Bitcoin is forming a potential double bottom pattern while holding above the key horizontal demand zone and the wedgeโs support trendline, showing strength at these critical levels.
If BTC continues to hold above these key supports, we could see a potential recovery and further upside in the market.
A confirmed breakout above the double bottomโs neckline would provide stronger bullish confirmation and could trigger a significant upward rally.
Bitcoin is forming a potential double bottom pattern while holding above the key horizontal demand zone and the wedgeโs support trendline, showing strength at these critical levels.
If BTC continues to hold above these key supports, we could see a potential recovery and further upside in the market.
A confirmed breakout above the double bottomโs neckline would provide stronger bullish confirmation and could trigger a significant upward rally.
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Here's what matters for Chainlink today. 34% under the yearly high. Daily RSI 40: neutral. Resistance sits at $11.3, then $11.8. Support is $11.0, then $10.3. The call: lose $11.0 and Chainlink drops to $10.3. This idea is dead on a 4H close above $11.3.
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#USDT DOMINANCE ANALYSIS
USDT Dominance is facing rejection from the resistance trendline of the rising wedge pattern, while the 21MA is acting as a key support level.
A rejection from the wedge resistance could trigger further downside in USDT Dominance, potentially supporting a bullish recovery across the crypto market.
On the other hand, a solid breakout above the wedge resistance would invalidate the bearish formation and could signal further upside in USDT Dominance.
Since DXY moves inversely to crypto, this setup could heavily impact upcoming market direction.
USDT Dominance is facing rejection from the resistance trendline of the rising wedge pattern, while the 21MA is acting as a key support level.
A rejection from the wedge resistance could trigger further downside in USDT Dominance, potentially supporting a bullish recovery across the crypto market.
On the other hand, a solid breakout above the wedge resistance would invalidate the bearish formation and could signal further upside in USDT Dominance.
Since DXY moves inversely to crypto, this setup could heavily impact upcoming market direction.
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Litecoin just printed a Wolfe wave on the daily. The call: Litecoin goes to $64.2. Wrong on a close below $51.6.
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$BTC No liquidity is left above now A huge cluster is sitting below $65,000 You know what that means, right?
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๐ Top Trending Coins (Today)
1. $SNOWMOON
2. $SP
3. $DACITYCOIN
4. $PENGU
5. $PEARL
6. $AERO
7. $XMR
8. $NEAR
9. $HYPE
10. $ETH
11. $QTC
12. $STRK
13. $CC
14. $ZEC
15. $BTC
1. $SNOWMOON
2. $SP
3. $DACITYCOIN
4. $PENGU
5. $PEARL
6. $AERO
7. $XMR
8. $NEAR
9. $HYPE
10. $ETH
11. $QTC
12. $STRK
13. $CC
14. $ZEC
15. $BTC
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WHALE ALERT This whale opened $41.5M $BTC short at the end of election day He is now sitting at $395K in unrealized profit, with liquidation at $84,130 Does he know something??
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BREAKING: Over $600 BILLION has been added to gold and silver in just last 2 hours. Both precious metals have added $1.7 TRILLION since Democrats won the US midterm elections.
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๐จ Binance Hacker Sends 8,567 SOL to Solana Privacy Mixer
A wallet tied to the $6.3 billion Binance hot-wallet breach sent 8,567 SOL to Solana mixer Privacy Cash in an apparent laundering push, according to Onchain Lens.
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A wallet tied to the $6.3 billion Binance hot-wallet breach sent 8,567 SOL to Solana mixer Privacy Cash in an apparent laundering push, according to Onchain Lens.
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Hong Kongโs crypto reporting rules reach beyond trade totals to customersโ identities and tax residence.
Covered providers start collecting data in 2027; the tax authority begins sharing it with partner jurisdictions in 2028.
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Covered providers start collecting data in 2027; the tax authority begins sharing it with partner jurisdictions in 2028.
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Solana just printed a break and retest on the 4H. Broke the level, came back to it, held. The call: Solana goes to $106. Wrong on a close below $92.4. Saving this one for the follow up.
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Bitcoin against the Nasdaq 100. 60 weeks. Who won? Bitcoin: down 30%. The Nasdaq 100: up 22%. My call: Bitcoin beats the Nasdaq 100 over the next 30 days. If the Nasdaq 100 outperforms Bitcoin by the next monthly close, I'm wrong. Check back on this one.
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BREAKING: ๐บ๐ธ Initial Jobless Claims have just been officially released Expected: 197,000 Actual: 189,000 THIS IS GOOD NEWS FOR MARKETS!! Nov
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