#Bitcoin is breaking the level I mentioned yesterday.
If we get a daily close below it, I’ll consider a short toward the 75k area. This would also work as a hedge against the #Ethereum long I shared with you.
$TNSR gave a breakout of the falling wedge #pattern and tapped into the resistance area exactly. Price rejected it and now made a new lower low, reached the support zone too. Once the price breaks the area, you can build a short position and go long only after the rejection in HTF. #crypto
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😱 $55K marks Bitcoin’s realized price, historically tied to bear market bottoms. Past cycles saw #BTC trade 24,30% below this level before stabilizing. Today, price is still 18% above. When #BTC reaches this area, it usually moves sideways before recovering. #crypto
🧑💻 According to 8004scan, over 20,000 #AI Agents have been deployed on chains such as Ethereum, $BNB Chain, and Base since the #launch of ERC-8004 more than two weeks ago. The top five #AI Agents, ranked by score, popularity, and activity, are James, Captain Dackie, Rick, Minara AI, and CoreFocus. #crypto
$55K marks Bitcoin’s realized price, historically tied to bear market bottoms. Past cycles saw $BTC trade 24,30% below this level before stabilizing. Today, price is still 18% above. When $BTC reaches this area, it usually moves sideways before recovering. #crypto
Bloomberg’s senior strategist Mike McGlone suggests a scenario where $USDT could surpass both #Ethereum and #Bitcoin in market capitalization. His outlook is based on a #bearish forecast:
🪙ETH falling to $1,500 and 🪙BTC dropping to $10,000. In such a risk-off environment, McGlone argues that capital could continue flowing into stablecoins, boosting their dominance while #major #crypto assets lose value. #crypto $ETH $BTC
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#Bitcoin whales accumulate during dip as exchange outflows hit 3.2% on a 30-day average, mirroring H1 2022 #pattern before bull market began, per Glassnode’s analyst. #crypto $BTC