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Will Bitcoin break the resistance??? Bitcoin is still trying to break the resistance level at $38k📈 Trading volume at the same is continuously decreasing 📉 Divergence is still present on the chart and it’s not going anywhere🤷 All in all, if you can not break the resistance for long period of time then it’s time to go down to raise some liquidity🤔 What do you guys think about that? Share your thoughts in the comments below 👇🏻 #BTC #Onchain #divergence

Will Bitcoin break the resistance???

Bitcoin is still trying to break the resistance level at $38k📈 Trading volume at the same is continuously decreasing 📉

Divergence is still present on the chart and it’s not going anywhere🤷

All in all, if you can not break the resistance for long period of time then it’s time to go down to raise some liquidity🤔

What do you guys think about that? Share your thoughts in the comments below 👇🏻

#BTC #Onchain #divergence

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RISING WEDGE?!🐻 “The pattern appears as an upward-sloping price chart featuring two converging trendlines. It is usually accompanied by decreasing trading volume. Wedges can either form in the rising or falling direction. A rising wedge is often considered a bearish chart pattern that indicates a potential breakout to the downside” According to that, can you spot the bearish rising wedge on a 4H chart???🤫 Moreover, the volume is also decreasing🤔 I believe we can go a bit lower soon, for some re- accumulation and continuation of uptrend 😎 What do you guys think??? Tell me in the comments below 👇🏻 #BTC #Write2Earn #TrendingTopic
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WE ARE SO BACK🤝🏼 I have booked part of my profit on this uptrend. Looks like we are going to test All Time High zone once again 😎 RSI still has some space to rise more and it means that price could easily grow further 🤔 I will look into it more closely and will book most part of my long position near ATH zone. I will left only 10% in case price goes even higher 📈 Soon I will share my trading idea for April. It’s going to be hot 🔥 Did you manage to follow this trading idea?? Kindly share your expectations below 👇🏻 #BTC #Write2Earn #TrendingTopic
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BULLISH ENGULFING?!!🤔 Well I have expected this move from bitcoin and warned you about that beforehand😎 Congratulations to all who listened to me and took advantage from this opportunity 🥂 Now we can see bullish engulfing on a daily chart which means we can go even higher 📈 Use stop loss and look for continuation of this bullish pattern closely 👀 I will make an update on $BTC very soon 🔜 #BTC🔥🔥🔥🔥 #HotTrends #Write2Earn
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WHAT HAVE I TOLD YOU???😎 On a weekly timeframe, we can now see a shooting star pattern. It's a sign of weakness among buyers 🤷 If Bitcoin closes this week with this pattern, then we will likely see further downtrend movement. I have opened limit orders starting from $61k and below on Bitcoin. Additionally, I have also opened orders for top altcoins 😏 While we might not experience such a deep correction, I will closely monitor Bitcoin's performance next week. It's crucial to buy at this dip before the halving 😑 We should be prepared and focused for whatever comes next 💪🏼 Remember to do your own research and pay close attention to your risk management. It's wise not to use more than 10% of your bank in a single position. Stay vigilant and trade wisely, folks! 🚀 #BTC #HotTrends #Halving
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BITCOIN HALVING AND ITS MEANING #EducationalPost 🔸The upcoming Bitcoin halving, scheduled for mid-April, is a highly anticipated event with profound implications for the cryptocurrency space. This event, built into Bitcoin's code, slashes the reward miners receive for validating transactions by 50%, a move aimed at curbing inflation and ensuring Bitcoin's long-term scarcity, akin to precious metals like gold. 🔸Historically, Bitcoin halvings have triggered significant price hikes. The drop in the rate of new Bitcoin issuance typically spurs demand, driving prices up as the asset becomes scarcer. This pattern, combined with a fixed supply, has historically led to substantial price surges in the months following a halving event. 🔸As the next halving approaches, optimism abounds in the crypto community. Analysts predict that the dwindling supply of new Bitcoins could cause a supply shock, sending prices soaring. Moreover, halving events often attract heightened media attention and interest from institutional investors, further bolstering bullish sentiment. While the precise impact of the halving remains uncertain, it is generally seen as a bullish catalyst for Bitcoin and the broader crypto market. With mid-April fast approaching, all eyes are on Bitcoin as the crypto world eagerly awaits the outcome of this momentous event. Exciting times lie ahead! What are you guys expecting from halving??? Tell me in the comments below 👇🏻 #HotTrends #Halving #BTC
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