And y’all go like, wait everybody called for 52,000 😅 $BTC | Ben Walther على Binance Square

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And y’all go like, wait everybody called for 52,000 😅
$BTC 

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Live Stream is running 🚀 Interesting session with thoughs about Bitcoin, altseason, and some trade setups. In case you miss it, you should still be able to watch the replay. If not, you can check our YT channel. Link below 👇

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Altcoins Bouncing, RSI About To Reverse & Why You Should Be Bullish 🚀 I hope you watched yesterday's market as excited as I did. Bitcoin broke a significant resistance and closed below 60k (today, it is already back above). But there was one much more interesting thing happening: Despite $BTC heavy dip many altcoins dipped only moderately or were up! As a result, the crypto market RSI stopped its long-term decline and didn't go lower. The question is, what's next? Here's what I think: Bitcoin 📉 I am not a doom prophet, and I don't think Bitcoin will go much lower from here. Indeed, there might be another dip, but nothing substantial. Two other options are more likely, IMHO: a) Bitcoin goes sideways and hovers between 60-65k, or b) Bitcoin starts climbing and breaks the ATH. Altcoins 🆙 We will see a more substantial relief rally for many altcoins now. Yesterday's performance was so strong that it showed we might have seen Bitcoin dominance at the top for this part of the cycle. From this point on, money should flow into the altcoins market. How to trade 💹 Watch the coins that performed best yesterday (and today). $LINK , $OCEAN , JASMY, FLOKI are just a few examples. Usually, the tokens that perform well on days like yesterday are the ones that deliver the best results.

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Is the Altseason about to start? What's behind today's Bitcoin dip? Here's a quick video that shares some insights about today's market moves.

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Fantom — Nice Bounce & Bollinger Bands Signal — High Probability 🚀 Fantom is one of the coins you should examine closely today. The token had a massive bounce after today's sell-off and performed strongly. FTM equalized the losses at the time of writing and is up almost 3%. Moreover, Fantom flashed a bullish Bollinger Bands signal on the 4H chart. In this case, backtests show extraordinary results, achieving 2% and 5% gains. However, if FTM continues to perform, it could go much higher since the next resistance sits at $0.65 — resulting in gains of ~15%. Nevertheless, using 5% as a first profit target might be a good idea. -- Visit Crypto OS for more free trade strategies. Details in my X bio. $FTM #fantom #TradeSignal

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Crypto Market RSI Hits 24 🚨 The average cypto market RSI hit a new low when it fell below 25. Currently, it is at 24.9. Based on data from the last 2 years, the RSI has never reached such a low level. Moreover, many coins have hit record-low RSI of 10 and even below. One interesting result of such a low RSI can be monitored today. Although $BTC declined by ~4%, (most) altcoins didn't suffer that badly. Usually, such a Bitcoin deep led to double-digit losses for altcoins. However, on the other side, the low RSI (also compared with bearish EMAs) provides clear signs of a bearish market. As I mentioned in other posts and videos, it needs a strong catalyst to drive fresh buying power. Otherwise, we will only see a small relief before going deeper. #Market_Update

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