• bitcoinBitcoin (BTC) $ 87,524.00
  • ethereumEthereum (ETH) $ 1,617.78
  • tetherTether (USDT) $ 1.00
  • xrpXRP (XRP) $ 2.12
  • bnbBNB (BNB) $ 602.52
  • solanaSolana (SOL) $ 137.85
  • usd-coinUSDC (USDC) $ 0.999928
  • dogecoinDogecoin (DOGE) $ 0.160869
  • cardanoCardano (ADA) $ 0.642017
  • tronTRON (TRX) $ 0.241979
  • staked-etherLido Staked Ether (STETH) $ 1,617.37
  • wrapped-bitcoinWrapped Bitcoin (WBTC) $ 87,549.00
  • chainlinkChainlink (LINK) $ 13.41
  • avalanche-2Avalanche (AVAX) $ 20.39
  • leo-tokenLEO Token (LEO) $ 9.02
  • stellarStellar (XLM) $ 0.256744
  • the-open-networkToncoin (TON) $ 3.01
  • shiba-inuShiba Inu (SHIB) $ 0.000013
  • suiSui (SUI) $ 2.23
  • usdsUSDS (USDS) $ 0.999928
  • hedera-hashgraphHedera (HBAR) $ 0.169866
  • wrapped-stethWrapped stETH (WSTETH) $ 1,941.79
  • bitcoin-cashBitcoin Cash (BCH) $ 338.09
  • litecoinLitecoin (LTC) $ 79.98
  • hyperliquidHyperliquid (HYPE) $ 18.01
  • polkadotPolkadot (DOT) $ 3.90
  • bitget-tokenBitget Token (BGB) $ 4.46
  • binance-bridged-usdt-bnb-smart-chainBinance Bridged USDT (BNB Smart Chain) (BSC-USD) $ 0.998725
  • ethena-usdeEthena USDe (USDE) $ 0.999379
  • wethWETH (WETH) $ 1,618.62
  • pi-networkPi Network (PI) $ 0.635364
  • whitebitWhiteBIT Coin (WBT) $ 28.14
  • moneroMonero (XMR) $ 215.31
  • wrapped-eethWrapped eETH (WEETH) $ 1,724.24
  • coinbase-wrapped-btcCoinbase Wrapped BTC (CBBTC) $ 87,677.00
  • pepePepe (PEPE) $ 0.000008
  • uniswapUniswap (UNI) $ 5.42
  • aptosAptos (APT) $ 5.15
  • daiDai (DAI) $ 0.999789
  • okbOKB (OKB) $ 51.05
  • gatechain-tokenGate (GT) $ 22.97
  • ondo-financeOndo (ONDO) $ 0.874671
  • nearNEAR Protocol (NEAR) $ 2.29
  • bittensorBittensor (TAO) $ 312.67
  • tokenize-xchangeTokenize Xchange (TKX) $ 32.63
  • susdssUSDS (SUSDS) $ 1.05
  • blackrock-usd-institutional-digital-liquidity-fundBlackRock USD Institutional Digital Liquidity Fund (BUIDL) $ 1.00
  • ethereum-classicEthereum Classic (ETC) $ 16.05
  • internet-computerInternet Computer (ICP) $ 4.95
  • crypto-com-chainCronos (CRO) $ 0.083025
  • render-tokenRender (RENDER) $ 4.39
  • mantleMantle (MNT) $ 0.661301
  • aaveAave (AAVE) $ 143.31
  • kaspaKaspa (KAS) $ 0.082849
  • ethena-staked-usdeEthena Staked USDe (SUSDE) $ 1.17
  • vechainVeChain (VET) $ 0.024202
  • cosmosCosmos Hub (ATOM) $ 4.24
  • fasttokenFasttoken (FTN) $ 4.23
  • lombard-staked-btcLombard Staked BTC (LBTC) $ 87,401.00
  • filecoinFilecoin (FIL) $ 2.68
  • polygon-ecosystem-tokenPOL (ex-MATIC) (POL) $ 0.199841
  • algorandAlgorand (ALGO) $ 0.199132
  • official-trumpOfficial Trump (TRUMP) $ 8.41
  • fetch-aiArtificial Superintelligence Alliance (FET) $ 0.635989
  • ethenaEthena (ENA) $ 0.297454
  • first-digital-usdFirst Digital USD (FDUSD) $ 0.999813
  • celestiaCelestia (TIA) $ 2.59
  • sonic-3Sonic (prev. FTM) (S) $ 0.481696
  • arbitrumArbitrum (ARB) $ 0.310639
  • jupiter-perpetuals-liquidity-provider-tokenJupiter Perpetuals Liquidity Provider Token (JLP) $ 3.90
  • solv-btcSolv Protocol SolvBTC (SOLVBTC) $ 87,328.00
  • kucoin-sharesKuCoin (KCS) $ 10.01
  • optimismOptimism (OP) $ 0.725173
  • binance-staked-solBinance Staked SOL (BNSOL) $ 144.03
  • makerMaker (MKR) $ 1,375.59
  • jupiter-exchange-solanaJupiter (JUP) $ 0.398273
  • xdce-crowd-saleXDC Network (XDC) $ 0.071850
  • blockstackStacks (STX) $ 0.706289
  • flare-networksFlare (FLR) $ 0.016314
  • nexoNEXO (NEXO) $ 1.03
  • worldcoin-wldWorldcoin (WLD) $ 0.790865
  • story-2Story (IP) $ 3.78
  • eosEOS (EOS) $ 0.646052
  • binance-peg-wethBinance-Peg WETH (WETH) $ 1,617.34
  • bonkBonk (BONK) $ 0.000013
  • kelp-dao-restaked-ethKelp DAO Restaked ETH (RSETH) $ 1,685.97
  • sei-networkSei (SEI) $ 0.182081
  • usdt0USDT0 (USDT0) $ 1.00
  • immutable-xImmutable (IMX) $ 0.492155
  • fartcoinFartcoin (FARTCOIN) $ 0.882178
  • injective-protocolInjective (INJ) $ 8.93
  • binance-bridged-usdc-bnb-smart-chainBinance Bridged USDC (BNB Smart Chain) (USDC) $ 0.998860
  • tether-goldTether Gold (XAUT) $ 3,446.09
  • paypal-usdPayPal USD (PYUSD) $ 1.00
  • polygon-bridged-usdt-polygonPolygon Bridged USDT (Polygon) (USDT) $ 0.999835
  • dexeDeXe (DEXE) $ 14.24
  • the-graphThe Graph (GRT) $ 0.085130
  • curve-dao-tokenCurve DAO (CRV) $ 0.609839
  • pax-goldPAX Gold (PAXG) $ 3,449.24
  • wbnbWrapped BNB (WBNB) $ 601.96
  • rocket-pool-ethRocket Pool ETH (RETH) $ 1,822.72
  • solv-protocol-solvbtc-bbnSolv Protocol xSolvBTC (XSOLVBTC) $ 86,778.00
  • jasmycoinJasmyCoin (JASMY) $ 0.014756
  • galaGALA (GALA) $ 0.016188
  • arbitrum-bridged-wbtc-arbitrum-oneArbitrum Bridged WBTC (Arbitrum One) (WBTC) $ 87,511.00
  • the-sandboxThe Sandbox (SAND) $ 0.280048
  • usual-usdUsual USD (USD0) $ 0.997850
  • coredaoorgCore (CORE) $ 0.672720
  • jupiter-staked-solJupiter Staked SOL (JUPSOL) $ 152.19
  • raydiumRaydium (RAY) $ 2.30
  • theta-tokenTheta Network (THETA) $ 0.660744
  • lido-daoLido DAO (LDO) $ 0.733718
  • msolMarinade Staked SOL (MSOL) $ 177.16
  • iotaIOTA (IOTA) $ 0.171295
  • kaiaKaia (KAIA) $ 0.108535
  • mantle-staked-etherMantle Staked Ether (METH) $ 1,722.35
  • usdx-money-usdxStables Labs USDX (USDX) $ 0.999264
  • heliumHelium (HNT) $ 3.44
  • bittorrentBitTorrent (BTT) $ 0.00000061
  • ondo-us-dollar-yieldOndo US Dollar Yield (USDY) $ 1.10
  • flowFlow (FLOW) $ 0.375473
  • chain-2Onyxcoin (XCN) $ 0.017559
  • pancakeswap-tokenPancakeSwap (CAKE) $ 1.97
  • decentralandDecentraland (MANA) $ 0.310072
  • clbtcclBTC (CLBTC) $ 87,744.00
  • bitcoin-svBitcoin SV (BSV) $ 29.03
  • flokiFLOKI (FLOKI) $ 0.000059
  • movementMovement (MOVE) $ 0.231849
  • walrus-2Walrus (WAL) $ 0.431629
  • mantra-daoMANTRA (OM) $ 0.567595
  • jito-governance-tokenJito (JTO) $ 1.68
  • pendlePendle (PENDLE) $ 3.31
  • tezosTezos (XTZ) $ 0.508556
  • pyth-networkPyth Network (PYTH) $ 0.145519
  • zcashZcash (ZEC) $ 32.02
  • renzo-restaked-ethRenzo Restaked ETH (EZETH) $ 1,692.56
  • ethereum-name-serviceEthereum Name Service (ENS) $ 15.11
  • true-usdTrueUSD (TUSD) $ 0.998632
  • telcoinTelcoin (TEL) $ 0.005347
  • beldexBeldex (BDX) $ 0.068214
  • pumpbtcpumpBTC (PUMPBTC) $ 85,096.00
  • sonic-bridged-usdc-e-sonicSonic Bridged USDC.e (Sonic) (USDC.E) $ 0.999843
  • dydx-chaindYdX (DYDX) $ 0.605172
  • bridged-usdc-polygon-pos-bridgeBridged USDC (Polygon PoS Bridge) (USDC.E) $ 0.999894
  • kavaKava (KAVA) $ 0.423569
  • grassGrass (GRASS) $ 1.66
  • ubtcuBTC (UBTC) $ 88,321.00
  • bitcoin-avalanche-bridged-btc-bAvalanche Bridged BTC (Avalanche) (BTC.B) $ 87,546.00
  • solayerSolayer (LAYER) $ 2.09
  • dogwifcoindogwifhat (WIF) $ 0.437202
  • thorchainTHORChain (RUNE) $ 1.24
  • reserve-rights-tokenReserve Rights (RSR) $ 0.007621
  • apenftAPENFT (NFT) $ 0.00000042
  • spx6900SPX6900 (SPX) $ 0.450806
  • ecasheCash (XEC) $ 0.000021
  • binance-peg-dogecoinBinance-Peg Dogecoin (DOGE) $ 0.160803
  • stakewise-v3-osethStakeWise Staked ETH (OSETH) $ 1,688.02
  • hashnote-usycHashnote USYC (USYC) $ 1.08
  • usdbUSDB (USDB) $ 0.998383
  • elrond-erd-2MultiversX (EGLD) $ 14.37
  • starknetStarknet (STRK) $ 0.138542
  • neoNEO (NEO) $ 5.65
  • tbtctBTC (TBTC) $ 87,438.00
  • ousgOUSG (OUSG) $ 110.75
  • ether-fi-staked-ethether.fi Staked ETH (EETH) $ 1,616.77
  • virtual-protocolVirtuals Protocol (VIRTUAL) $ 0.588020
  • berachain-beraBerachain (BERA) $ 3.50
  • apecoinApeCoin (APE) $ 0.474726
  • axie-infinityAxie Infinity (AXS) $ 2.36
  • conflux-tokenConflux (CFX) $ 0.073715
  • arweaveArweave (AR) $ 5.74
  • chilizChiliz (CHZ) $ 0.038332
  • compound-governance-tokenCompound (COMP) $ 40.85
  • olympusOlympus (OHM) $ 22.23
  • l2-standard-bridged-weth-baseL2 Standard Bridged WETH (Base) (WETH) $ 1,619.31
  • wormholeWormhole (W) $ 0.078610
  • resolv-usrResolv USR (USR) $ 1.00
  • based-brettBrett (BRETT) $ 0.035666
  • mantle-bridged-usdt-mantleMantle Bridged USDT (Mantle) (USDT) $ 1.00
  • arbitrum-bridged-weth-arbitrum-oneArbitrum Bridged WETH (Arbitrum One) (WETH) $ 1,619.48
  • super-oethSuper OETH (SUPEROETHB) $ 1,618.08
  • mantle-restaked-ethMantle Restaked ETH (CMETH) $ 1,721.93
  • usddUSDD (USDD) $ 1.00
  • matic-networkPolygon (MATIC) $ 0.199680
  • beam-2Beam (BEAM) $ 0.006576
  • plumePlume (PLUME) $ 0.172427
  • terra-lunaTerra Luna Classic (LUNC) $ 0.000062
  • aerodrome-financeAerodrome Finance (AERO) $ 0.417105
  • trust-wallet-tokenTrust Wallet (TWT) $ 0.784190
  • sun-tokenSun Token (SUN) $ 0.016923
  • saros-financeSaros (SAROS) $ 0.123310
  • binance-peg-busdBinance-Peg BUSD (BUSD) $ 1.00
  • aioz-networkAIOZ Network (AIOZ) $ 0.274783
  • pudgy-penguinsPudgy Penguins (PENGU) $ 0.005103
  • fraxFrax (FRAX) $ 0.999785
  • roninRonin (RON) $ 0.516458
  • amp-tokenAmp (AMP) $ 0.003647
  • justJUST (JST) $ 0.030893
  • wemix-tokenWEMIX (WEMIX) $ 0.716066
  • ripple-usdRipple USD (RLUSD) $ 0.999947

Here’s What Bitcoin Needs To Do To Confirm Bullish Breakout, According to Trader Who Nailed 2024 BTC Correction

0 8

Here’s What Bitcoin Needs To Do To Confirm Bullish Breakout, According to Trader Who Nailed 2024 BTC Correction

A crypto analyst known for accurately calling Bitcoin’s pre-halving correction last year believes that BTC needs to reclaim a key technical indicator as support to regain bullish momentum.

Pseudonymous crypto strategist Rekt Capital tells his 542,600 followers on the social media platform X that BTC appears to be mirroring its price action in 2021 when Bitcoin consolidated between two key exponential moving averages (EMAs) on the weekly chart.

According to Rekt, Bitcoin must convert the 21-week EMA into support to trigger the resumption of bullish price action.

“Earlier this week, Bitcoin rejected from the 21-week EMA resistance (green).

As a result, Bitcoin continues to consolidate between these two Bull Market EMAs, much like it did in mid-2021.

Nonetheless, for the future, the key confirmation signal for a breakout will be a weekly close above the green EMA followed by a post-breakout retest of it into new support (light blue circle).”

Here’s What Bitcoin Needs To Do To Confirm Bullish Breakout, According to Trader Who Nailed 2024 BTC Correction

Source: Rekt Capital/X

At time of writing, Bitcoin is trading for $82,536.

Looking at the altcoin market, the trader says he expects alts to continue underperforming Bitcoin based on the BTC dominance (BTC.D) chart, which tracks how much of the total crypto market cap belongs to the flagship digital asset.

According to Rekt, BTC.D could hit a crucial resistance level that has remained intact since 2017 before losing steam. Once that happens, Rekt predicts that a real altcoin season will come to fruition.

“BTC Dominance.

If history repeats, the real Altseason everybody is waiting for would begin once Bitcoin Dominance rejects from 71% (red).”

Here’s What Bitcoin Needs To Do To Confirm Bullish Breakout, According to Trader Who Nailed 2024 BTC Correction

Source: Rekt Capital/X

A bearish BTC.D chart suggests that altcoins are growing in value faster than Bitcoin. At time of writing, BTC.D is hovering at 62.26%.

Generated Image: Midjourney

Source

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