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Big price swings shake out weak hands Investors who overleveraged (used too much borrowed money) Getting squeezed during these volatile times They're forced to sell (liquidate) at a loss Transferring wealth to those holding onto their assets (spot buyers) Staying strong and… #IOprediction #ETHETFsApproved #TopCoinsJune2024 #Binance200M #bitcoin

Big price swings shake out weak hands

Investors who overleveraged (used too much borrowed money)

Getting squeezed during these volatile times

They're forced to sell (liquidate) at a loss

Transferring wealth to those holding onto their assets (spot buyers)

Staying strong and…

#IOprediction #ETHETFsApproved #TopCoinsJune2024 #Binance200M #bitcoin

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#Bitcoin failed to find support at the anticipated 66.8k reversal zone To price drop that swept the local lows This reinforces the possibility of a further decline below the current range lows Suggesting a bearish continuation Potential Swing Long Entry Entry Zone: 65.2k - 64.5k (bidding zone) Stop Loss: Below 60.2k Target: 72k to 74k #ETHETFsApproved #BTC #BlackRock #altcoins $BTC
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Five basic indicators that are really worth getting to know: 🔴 Moving Average (MA) Shows the market's general direction and levels of support and resistance. ✔️Helps understand the bigger picture and identify potential turning points. 🟠 Relative Strength Index (RSI) Indicates whether the market is overbought or oversold. ✔️RSI above 70 indicates overbought conditions; below 30 indicates oversold conditions. 🟡 Moving Average Convergence Divergence (MACD) Measures the strength of market trends and identifies potential turning points. ✔️Useful for spotting opportunities and managing risk. 🟢 Bollinger Bands Shows price volatility and potential for breakouts. ✔️When the price breaks the upper or lower band, it indicates a potential market change. 🔵 Average Directional Index (ADX) Measures the strength of a trend, independent of its direction. ✔️High ADX values (above 25) indicate a strong trend; low values (below 20) suggest no clear trend. Stick with us to find out more!✨ #BinanceTournament #BTCFOMCWatch #AirdropGuide #BTC #altcoins
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A little bit movement in Bitcoin price The more confidence in the market With some altcoins showing positive movement Just think about it Coz if BTC breaks through the 74k resistance level Altcoins are a very upswing, potentially Attracting buyers at 4-5x higher prices #BinanceTournament #ETHETFsApproved #CPIAlert #BTCFOMCWatch #bitcoin
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My friend who invested in crypto in late 2017 Right before a major price drop He lost a significant amount of money During the following bear market However, my friend also held onto his investment for several years & The market eventually recovered It's a success story, but it's not guaranteed It's important to remember that crypto is a highly risky investment, and there's a chance you could lose a large portion of your money #BinanceTournament #BTCFOMCWatch #AirdropGuide #ETHETFsApproved #bitcoin
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While some may be feeling impatient It's important to remember that good things take time Trust the process & Focus on the long-term investment There's always something to learn in this market & Those lessons will make you a stronger investor Stay focused and committed & You'll be well-positioned for the next Bitcoin bull run Which is definitely huge and huge #TopCoinsJune2024 #BTCFOMCWatch #BinanceTournament #ETHETFsApproved #bitcoin
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