#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
“Truth #Social today filed for "Truth #Social Cronos Yield Maximizer ETF" and the "Truth #Social #Bitcoin and Ether ETF". this is IN ADDITION to the spot #bitcoin #ETF they filed for last June as well as #crypto blue chip basket ETFs, which I would think should be looking at launching in next few months.”
The US Dollar is still consolidating within a falling wedge pattern, with the 50MA acting as resistance barrier. A breakout above the wedge could trigger an upward rally. While a breakdown below it would invalidate the formation. Keep an eye on further price action developments. Given the US Dollar’s typical inverse relationship with the #crypto market, this price action may play a crucial role in shaping upcoming #crypto trends. #crypto