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Portable Detective07
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🪷 1 Trade for Today 🪷 . . . 📈 $FLOKI Long 10X 📈 ♨️ BP: 0.00003700 TP: 0.00004858 SL: 0.00003483 ♨️ You are the king of your universe. So, do your own research. . If you loves my contents, feel free for TIPs #BinanceSquare #trading #NFT $BTC #fomo #pol $XRP

🪷 1 Trade for Today 🪷

.

.

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📈 $FLOKI Long 10X 📈

♨️

BP: 0.00003700

TP: 0.00004858

SL: 0.00003483

♨️

You are the king of your universe. So, do your own research.

.

If you loves my contents, feel free for TIPs

#BinanceSquare #trading #NFT $BTC #fomo #pol $XRP

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#BITCOIN BULLRUN is in here ⁉️ . . . . - The main resistance level is between $66,000 and $67,000. - Bitcoin has broken above $66,000 and a trend line at $63,500, and a local top at $64,500. 🪷 Market Analysis: - The current movement is more bullish than the last time Bitcoin was at this level (end of April). - Volume is high at $42 billion, which is a good sign. - However, general sentiment and volume indicators are not amazing. 🪷 Short-term Outlook: - Bullish on the short term, but needs more confirmation. - Bitcoin dominance is increasing, which is superbullish. - Ideally, Bitcoin dominance should fall to give altcoins a chance to rally. 🪷 Technical Analysis: - Open interest has increased by over $2 billion in a day, mostly long orders. - Expect some resistance at the current level, but a breakout above $67,000 would be bullish. - The first price target is $69,000, but a pullback to $64,000-$65,000 is more likely. 🪷 Conclusion: - Fairly bullish on Bitcoin, but there's always a chance of a big bull trap. - A drop in Bitcoin price could be beneficial if it means altcoins can recover and rally later. $BTC #BlackRock #buythedip #MicroStrategy #ETFvsBTC
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🚨 #BITCOIN Alert !!!! It’s finally happening … . . . . 🪷 Bitcoin Update - Bitcoin broke out of a falling wedge pattern and retested support, leading to a massive candle. - The breakout is not yet confirmed, but the pattern suggests a potential move to $72,000. - The dollar (DXY) is being held down, which is bullish for Bitcoin and risk assets. 🪷 On-Chain Analysis - Whales are buying up Bitcoin, with one entity buying every time the price dips. - Open interest is down, while spot buying is increasing, indicating accumulation. - The relationship between market cap and hash rate suggests we are not near the cycle top. 🪷 Institutional Investment - The Bitcoin ETF launch was the most successful of all time, with $50 billion in assets and $10 billion in net flows. - Professional investors, including firms that manage money for Yale and Princeton, are allocating to ETFs. - A Boston-based hedge fund has accumulated $363 million worth of Bitcoin ETF shares. 🪷 Seasonality and Cycles - Bitcoin is in the "spring" phase of its cycle, with the potential for massive price movements. - The Bitcoin power law suggests we are only in the middle of the cycle. - The seasonality of Bitcoin's price action is similar to 2021, with a potential bear trap forming. 🪷 Altcoins and Risk - There have been almost 1 million new crypto tokens created in the last month, diluting interest in Bitcoin. - Most altcoins will not survive, but some have the potential for massive upside. - Be cautious when investing in altcoins and do your research. 🪷 Conclusion - The next 6 months are crucial for Bitcoin's price action. - The author is still bullish on Bitcoin and expects a massive price surge into the end of the year. #buythedip #bitcoin #trading #BlackRock $BTC
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#BITCOIN Salloff in Both Spot and Futures Markets. . . . . Market sentiment currently isn't favorable, experiencing a selloff in both spot and futures markets. Over $500 million worth of positions have been closed, indicating a loss of momentum. The technical analysis reveals consolidation, with EMAs showing a slight downtrend. 🪷 Bitcoin Price Analysis: The price is fluctuating within a range of $63,500 to $66,600, finding support around $60,000. A breakout is anticipated today, contingent on the CPI and inflation rate data. 🪷 CPI and Inflation Rate Data: The data will be disclosed at 12:30 UTC today. A drop in the inflation rate beyond expectations could trigger bullish momentum and a potential breakout, while a higher-than-expected inflation rate could lead to a bearish breakout. 🪷 Short-Term Expectations: In the short term, there is a slightly bullish outlook, anticipating a rebound towards the upper limit of the consolidation range. Breaking above $62,200 would confirm this move. 🪷 Long-Term Expectations: Long-term sentiment is bearish, with an expectation of a potential breakdown below $60,000 if the inflation rate exceeds expectations. 🪷 $BTC #altcoins #buythedip #Bitcoin #BTC
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#BITCOIN Bullish Period Coming ⁉️ . . . . ETF outflows are relatively negative. CPI and inflation rate news is set to come out on Wednesday. The market has opened relatively bullish this week. 🪷 Bitcoin Analysis: Bitcoin has surged up to the main resistance level at $63,500. Spot buying for Bitcoin has been positive since May 12th. Historical data suggests that momentum may shift to the bullish side. Technicals indicate a strong resistance level at $63,500, with a potential move up to $65,562 if broken. 🪷 Altcoin Market: Most altcoins are still not performing well, trending downward. The total market cap needs to surpass a certain level for bullish momentum to continue. 🪷 Coins to Trade with 2x - 5x Leverage: ( LONG with Current Price ) $BONK $PEPE $BTC $DOGE $WLD $WIF $W $XAI $ARB $DOT & find more good #Crypto 🚀🚀🚀🚀🚀🚀🚀 #buythedip #BTC #altcoins
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What’s your perfect choice for the #memecoin season:
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