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#Bitcoin
hit a new ATH!
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$XAU Update: GOLD reaches a new ATH of $3,029 USD. With this momentum, I expect $BTC to catch up to gold, continuing its rally, and making a new ATH in the coming months.
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Zignaly has completed their 47th Buyback and burn, burning 543,200 $ZIG worth $52,148 USD. The way this is done rewards holders in two ways: 1) The token becomes more scarce 2) Market buybacks increases the token price It's nice to see a team who's givi
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By zooming out, you will see the real value and positioning of coins. Take $BNB, it's perfectly retesting its bearish trendline, and people are calling a cycle top? I don't think so myself. This is the only timeframe that matters, and it looks like a perfect setup for BNB.
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$BTC has respected every bullish FVG, which shows strength, but it's still failing to break higher. I believe the upcoming FOMC is key, and a cautious approach could be the push BTC needs. However, I expect a slight dip to fill the nearest unfilled FVG before moving higher.
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Update on Sonic: $S has reclaimed the $0.5 level and is currently retesting it after the recent bounce. After a rough drop earlier this month, there are signs of recovery, but it's not a clear breakout yet. Volume's also picking up, which means people are getting interested again, but the real question is whether this bounce is sustainable. The next move is probably dependant on what $BTC does next. If buyers step up and push past the recent highs, things could get moving. If not, we might see another dip. The next few days should make things clearer.
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