February 12, 2024 ➖➖➖➖➖➖➖ MARKET ANALYSIS: Market Cap: $1.8 Trillion 24h Volume: $45.22 Billion BTC Dominance: 542.5% ETH Dominance: 16.7% 🔸BK® Health Standard: 6.1 (1 to 10) 🔸BK® Sentiment: 53% (-100% to 100%) ➖➖➖➖➖➖➖ BINANCE ANALYSIS (USDT pairs): Top Gainers 1. POWR: +30% 2. ACA: +17% 3. WRX: +13% Top Losers 1. BONK: -11.63% 2. REQ: -11% 3. ALT: -7%
BINANCE FUTURES: Top Gainers 1. POWRUSDT: +30% 2. HIFIUSDT: +12% Top Losers 1. 1000BONKUSDT: -11% 2. WIFUSDT: -9%
LARGEST VOLUME (24h) 1. BTC/USDT ($19.15B) 2. ETH/USDT ($6.81B)
DAILY OUTLOOK POWR, ACA, and WRX have emerged as the top gainers in the market, showcasing significant momentum. Additionally, Bitcoin (BTC) has recorded a notably favorable weekly candle close, signaling strength within the market. The $49K mark stands out as a key resistance level, potentially leading to some consolidation as traders assess the market dynamics before a potential surge in bullish momentum. ➖➖➖➖➖➖➖ #Write2Earn #TrendingTopic #BTC #ETH
On Feb 12, 2024, 17:28 PM (UTC). According to Binance Market Data, Bitcoin has crossed the 50,000 USDT benchmark and is now trading at 50,080.089844 USDT, with a 1.59% increase in 24 hours. #Write2Earn #BTC #ETH #TrendingTopic
On Feb 12, 2024, 17:32 PM(UTC). According to Binance Market Data, Ethereum has crossed the 2,600 USDT benchmark and is now trading at 2,603.080078 USDT, with a 0.29% decrease in 24 hours. #Write2Earn #ETH #TrendingTopic #BTC
$BTC DOMINANCE UPDATE VIP -------------------- The price action on the daily timeframe level successfully broke out its resistance trendline level and filled out its FVG gap level completely which is increasing up the volume thus the price of $BTC is rising as the dominance is getting stronger -------------------- #Write2Earn #TrendingTopic #BTC #ETH
$BTC Analysis February 12, 2024 ------------------- BIAS: Mid-Term: BEARISH Short-Term: BULLISH -------------------- The price action of $BTC hit its Buy Side Liquidity level which is marked at the $49,107 level.
Currently, the price action is still consolidating above its level, and another pump we can expect. -------------------- MAIN INTEREST LEVELS
$BTC VIP Analysis ------------------- BIAS: Mid-Term: BEARISH Short-Term: BULLISH -------------------- On the H4 timeframe level, the price action of $BTC successfully has squeezed out its $46,129 and $47,898 liquidity level and consolidating at its Horizontal Resistance level which is marked between the $47,382 - $47,024 level.
We can expect the rejection level from there and for that, we have to see the closure below the level.
Whereas, On the weekly timeframe level the price action of $BTC shows the Bullish Structure on weekly timeframe level -------------------- MAIN INTEREST LEVELS
According to the data, in 2023, the Binance Smart Chain (BSC) achieved an 85% reduction in financial losses due to security breaches. Notable highlights include:
⚫️Total financial losses decreased by 85% year-over-year ⚫Hacks dropped by 91%, and scams were reduced by 54% compared to 2022 ⚫Total losses for the year were only $97 million after excluding the top three outlier incidents ⚫In Q4 2023, financial losses decreased by 64% from Q3 #Write2Earn #TrendingTopic #BSC