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🪷 1 Trade for Today 🪷 . . . 📈 $KNC Short 📈 BP: 0.8 TP: 0.7 (Max) SL: 1 (Max) Trading is a game of Psychology. 📈 #Trading #BTC🔥🔥 #tia #sbf #Meme $BTC $BNB

🪷 1 Trade for Today 🪷
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📈 $KNC  Short 📈
BP: 0.8
TP: 0.7 (Max)
SL: 1 (Max)
 Trading is a game of Psychology. 📈
#Trading   #BTC🔥🔥   #tia  #sbf   #Meme   $BTC  $BNB 

قام 0 أشخاص بتقديم مُكافأة شكر لمُنشِئ المُحتوى.

إخلاء المسؤولية: تتضمن آراء أطراف خارجية. وهذه ليست نصيحةً مالية. اطلع على الشروط والأحكام.

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Portable Detective07

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Maximizing Return: Study Bitcoin vs Bitcoin ETFs

#BITCOIN Breakout Alert! 🚀 . . . . The latest update on Bitcoin is sparking excitement in the crypto world! With a breakout at $63,000 and a successful retest at $60,700, the momentum is undeniable. Now, all eyes are on the next target: $100k. It's a monumental milestone that could redefine the landscape of cryptocurrency. But it doesn't stop there. Additional targets of $64,500, $66,700, $71,300, and even a potential new all-time high are on the horizon. However, these projections come with a caveat – they rely heavily on $BTC maintaining the crucial support level of $60,500. It's a thrilling time for the #CryptoCommunity , as anticipation builds for what's to come. 🪷 #altcoins #ETFvsBTC #Trading

🪷 Market Analysis: . . . . - Market volume is currently low, indicating potentially less profitable trading compared to November-March. - New traders should exercise caution and avoid overtrading. 🪷 Cryptocurrency Trends: - Positive ETF inflows were observed yesterday, with Bitcoin being the only cryptocurrency to experience an increase. - Initial jobless claims data suggests increased unemployment, potentially beneficial for crypto due to possible decreased inflation and interest rates. - However, recent Bitcoin trend has been downward, with momentum yet to reach desired levels for a bullish breakout. 🪷 Bitcoin Analysis: - Bitcoin's major support level stands at $60,000-$60,800, with a break above $62,000 necessary for a more bullish short-term outlook. - Traders should closely monitor Bitcoin's potential breakout level at $62,000, as it could signal a bullish market. 🪷 Altcoin Performance: - Ethereum, Ripple, Polkadot, and select meme coins like Pepe and Ladies are holding up relatively well amidst market fluctuations. 🪷 Trading Recommendations: - Given the mixed news and high market risk, it's crucial to preserve capital and trade cautiously. #Bitcoin #Alts #altcoins #CryptoWatchMay2024 #Memecoins $BTC $DOT $XRP

🚨 CRYPTO CRASH WARNING 🚨 . . . . Bitcoin is going down and might go below $62,000. It's losing steam, which could mean a down market. Bitcoin needs to bounce back soon to avoid dropping to $61,000 or lower. 🪷 FTX News: Creditors will get 118% of their money back, which is good. But there are worries about how assets will be sold and money distributed. 🪷 ETF News: Yesterday, money flowing into ETFs was a bit negative, which isn't great. 🪷 Bitcoin Analysis: Bitcoin is looking more like it's going down and is getting close to support levels between $61,500 and $60,800. We need to see a strong response from these levels to stay positive. If interest and momentum pick up from here, it could lead to a stabilization and positive turn. 🪷 Trading Advice: Wait for the market to confirm before trading. If Bitcoin gets support and turns positive, think about trading cryptos like RUN, Athena, Tellor, Phoenix BB, Reserve Rights (RSR), and Luna 2.0. Be careful and wait for confirmation before making any trades. $BTC $FTT $LUNC #altcoins #ETHETFS #bitcoin #BTC #Trading

Big Pump on the Way… . . . ETF inflows remain positive, mirroring the trend we saw earlier in April, and Grayscale is also experiencing positive inflows, which is definitely encouraging. Right now, the market seems highly correlated, so it's a wise move to adopt a wait-and-see approach. Regarding Bitcoin, the sentiment is still bullish, even though the price is fluctuating between the $64,500 and $62,500 support levels. It's probably best to hold off until we see some real momentum before deciding on our next move. As for cryptos to watch, AI-focused ones like Render, Fetch, and Near are showing strength with bullish catalysts, while Teller seems relatively bullish but susceptible to manipulation. ENA appears poised for a breakout soon, and Life Pair is intriguing but prone to manipulation. RWA cryptos like Ono are gaining momentum, and keep an eye on others like $RLC , $INJ , and $POLYX . In terms of general advice, exercise caution and wait for confirmation before entering any trades, especially since most cryptos are still below significant resistance levels. It's wise to wait for a breakout or for momentum to gather before making any decisive moves. #ai #altcoins #Bitcoin #trading #CryptoWatchMay2024

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