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WHAT WILL HAPPEN NEXT IN MARKET? the higher bitcoin goes and consolidates, the stronger the alt season will be. alt season is already here. but it also comes in different waves and with different strengths. remember how bitcoin got stuck between $90k-100k for a few weeks? that was the biggest surge. now people are complaining that bitcoin is sucking some liquidity out of the market again, going up big again, falling a little, going up big again. but that means the next wave will be even stronger than the $90-100k wave. it also shows that alts haven't topped out yet. if bitcoin had continued to consolidate at $90-100k like it did a few weeks ago, the chances of it topping out would have gotten bigger and bigger. would it have been better for alts at this point in time? - yes but that would also mean the alt season wouldn't have continued. The fact that Bitcoin is now moving higher and pushing alts down a bit again means that the previous wave of the alt season was just one of several.
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🚀 Stellar (XLM) Price Shows Signs of Life Despite Bearish Pattern 📈 📊 XLM Price Overview: - Stellar (XLM) is trading at $0.088, with a 24-hour volume of $150 million 📊 - XLM's price movement is showing signs of life, despite being stuck in a bearish pattern 🐻 📈 Bullish Signs: - _Higher Lows_: XLM's price is forming higher lows, indicating a potential reversal 📈 - _Increased Volume_: Trading volume has increased, suggesting growing interest in XLM 📊 - _RSI Rebound_: The Relative Strength Index (RSI) has rebounded from oversold levels, indicating a potential trend reversal 📊 🐻 Bearish Pattern: - _Descending Triangle_: XLM's price is still trapped in a descending triangle pattern, which could lead to further declines 📉 - _Resistance Levels_: XLM faces significant resistance levels at $0.10 and $0.12, which could limit its upside potential 🚫 🤔 What's Next for XLM? - _Breakout or Breakdown_: XLM's price movement will likely be determined by its ability to break out of the descending triangle pattern or break down below support levels 📊 - _Increased Adoption_: Stellar's growing adoption and partnerships could provide a boost to XLM's price, despite the bearish pattern 🚀 📊 Expert Insights: - "XLM's price movement is showing signs of life, but it's essential to be cautious due to the bearish pattern," said a leading crypto analyst 🤔 - "Stellar's fundamentals remain strong, and increased adoption could drive XLM's price higher," added the analyst 📈 #marketrebound
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$BTC Short Liquidation: $75.8K at $95,363.80! Hold on tight! A $75,800 short liquidation just took place on $BTC at $95,363.80, sending shockwaves through the crypto market. This massive liquidation is a wake-up call to all traders, as it signals intense price action and possible momentum shifts. With such a significant amount of shorts cleared out, the market is primed for more volatility. Will the price continue to skyrocket, or is this the calm before the next storm? Key Details: Amount Liquidated: $75.8K Price Point: $95,363.80 Market Sentiment: A major short squeeze could be unfolding, with traders scrambling to cover positions. The market is now under heightened volatility, which could fuel further moves in either direction. Next Move Suggestion: Stay Vigilant: If you’re holding long positions, monitor for any signs of exhaustion or reversal. The price could continue to surge, but corrections may be sharp. Watch for Breakout Levels: If $BTC breaks above previous resistance, it could signal a new bullish rally. Conversely, be prepared for a pullback if support fails to hold. Manage Risk: With volatility soaring, it’s crucial to adjust stop-loss orders and consider hedging strategies. Tighten your risk management plan to stay safe during unpredictable price swings. Prepare for action—this move could be the start of something huge! #CorePCESignalsShift #USUALAnalysis #BTCNextMove #ChristmasMarketAnalysis
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Bitcoin Price Outlook – Bitcoin Continue to Look for Buyers The Bitcoin market fell hard early in the Friday session, but also seems to have found a bit of support at the 50 Day EMA indicator. At this point, the market is likely to see a lot of volatility, but at this point in time, the market is still very bullish over the long term as far as I can see. Bitcoin Technical Analysis The Bitcoin market has been rather noisy as of late, but we have seen a pretty significant move on Friday, which could be the beginning of a recovery. It is worth noting that the Bitcoin market did bounce right at the 50 day EMA. So, with that being said, I suspect that you have a situation where traders are trying to come in and pick up a cheap Bitcoin. After all, it did fall for something like a 15% loss at one point. Over the longer term, it’ll be interesting to see how this plays out. But really, this to me looks like a classic buy on the dip opportunity, as Bitcoin has probably started to carve out a range more than anything else. I could very realistically see a range between $90,000 on the bottom and $110,000 on the top. #BTCOutlook $BTC
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pullback everywhere
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