$BASED — 0.10 Soon? 🚀
Clean ascending triangle breakout after respecting higher lows since the accumulation phase. Price broke through the resistance zone that rejected it three times, and breakout is now confirmed.
Currently at $0.085719, holding above the breakout level with a retest zone (0.083-0.083) sitting just below as the area to watch for confirmation.
Structure checks every box, strong uptrend, higher lows holding, breakout confirmed, bullish continuation intact. RSI at 51.2 shows ...
#BTC /USDT ANALYSIS
Bitcoin is facing rejection from the horizontal supply zone and the upper resistance trendline of the rising wedge pattern.
Notably, the price has now broken down from the wedge with strong volume, signaling increasing bearish pressure.
The 100 MA is currently acting as a key support around the $63K level, which could trigger a short-term bounce.
However, the overall structure suggests caution, as sustained weakness below this level may lead to further downside.
Keep ...
$LINK just dropped their Q2 numbers and it's basically a who's who of institutional finance — $110B in secured value, DTCC integration moving forward, 50+ banks coming online. The infrastructure play is clearly working.
But here's what's interesting: all that infrastructure is being built for institutions to talk to other institutions. It's the same old club, just with better rails.
Meanwhile, ASX Capital took a different bet — tokenized real estate on $BNB Chain, priced for actual retail part...
$BTC Quick Market Update‼️
I'm watching these key levels on $BTC as we head into the weekly close.
🟢 Support Zones: (Buy/Long Zones)
• 62,200–62,400
• 63,500–63,800
🔴 Resistance Zones: (Short/Sell Zones)
• 64,500–64,800
• 65,200–65,600
• 66,600–67,200
The weekly candle is the most important thing to watch. If Bitcoin closes below the bear flag support, I'll be expecting a continuation to the downside with a deeper correction.
That's my view for now.
Thank you all for the incredible messa...