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📈 Market Analysis Update: Bitcoin Expanding Triangle 📉 🌐 Monthly Charts Insights: - An expanding triangle began forming off this year's high. - Recent significant sell-off in Bitcoin supports this scenario. 🔍 Weekly Chart Analysis: - Forced monthly count onto weekly charts with a blue-dashed forecast. - Accurate analysis involves using higher time frame wave structures to guide lower time frames. 📊 Wave Structure Analysis: - Monthly wave structure suggests an expanding triangle is unfolding. - Forcing this idea onto weekly charts indicates an expanding triangle (with Neowave reverse alternation) is forming off this year's high. ⏳ What to Expect: - Anticipate much more downside action in late summer. Stay informed and stay ahead! 🚀💡 #Megadrop #CryptoTradingGuide
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Understanding Crypto Airdrops | How to Earn Free Money
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📉 Bitcoin Analysis Update! 📈 In the latest analysis of Bitcoin's price movements, several key observations have emerged: 🔹 Wave-I High vs. Wave-F Drop-off: The recent drop-off in Wave-I high appears slightly larger than that of Wave-F, indicating a significant shift in momentum. This suggests that Bitcoin may have reached a peak, particularly considering Wave-G's completion. 🔹 Potential Peak for Bitcoin: With Wave-G possibly over, there's a growing concern that Bitcoin could be in for an extended period of consolidation or decline. This scenario enhances the likelihood that Bitcoin has peaked for the foreseeable future, possibly leading to a challenging couple of years ahead. 🔹 Confirmation from Last Week's Statement: The assertion made last week, "*...The odds are Bitcoin has topped for the rest of 2024!*" remains active and relevant. Market dynamics continue to support this view, with ongoing price action on weekly and daily charts suggesting the unfolding of an expanding pattern from this year's high. 🔹 Expanding Patterns and Market Sentiment: Expanding patterns, as indicated by recent price movements, imply that each subsequent drop in Bitcoin's price will likely be larger than the previous decline. This dynamic challenges the prevailing perception that every low in the market represents a buying opportunity, highlighting the potential for prolonged downside pressure. Stay vigilant and informed to navigate the evolving landscape of the Bitcoin market! 📊💡 #BitcoinAnalysis #MarketInsights #StartInvestingInCrypto
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5 Under $1 Top Meme Coins to Buy to Turn $10 Into $1000:
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📉 The drop off this year's secondary high is large enough and fast enough to suggest the downtrend began. 📊 On monthly charts, this is starting to have behavioral characteristics of an expanding triangle. 🔵 The blue dashes represent my "best guess" of action into summer. 📈 Using the monthly price evidence, an expanding triangle appears underway (just a little larger than previously expected), so I moved wave-a to this month's low with wave-b now forming. 📉 If correct, we'll see Bitcoin slowly break May's low with wave-c dropping a little more in price than wave-a (it should also take more time). 💡 Expanding patterns tell us most traders are bullish on Bitcoin and not expecting a decline. #BTC
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