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#Bitcoin's quarterly candle is set to close up +72%, engulfing 10 months of bear trend. Pretty crazy. #Binance #crypto2023 #BTC

#Bitcoin's quarterly candle is set to close up +72%, engulfing 10 months of bear trend.

Pretty crazy.

#Binance #crypto2023 #BTC

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"BTC-USDT Chart Analysis: Nearing Wave-I End with Confirmation Awaited" Based on the analysis provided, it appears that the BTC-USDT chart is currently undergoing a phase where the end of wave-I is anticipated. Symmetricals, which denote price similarities in advances and declines, suggest that this wave is approaching its conclusion. However, confirming the top of wave-I requires a significant drop that surpasses the magnitude and speed of wave-h. Until this confirmation occurs, the conclusion of wave-I and wave-B remains uncertain. Any price meandering observed in the chart would only prolong this uncertainty. Additionally, the possibility of an all-time new high being reached before the anticipated drop unfolds introduces a potential need for structural and expectation adjustments. Traders and analysts should closely monitor the chart for signs of the anticipated drop that would confirm the end of wave-I and wave-B. Patience and diligence are essential in navigating these market dynamics, as premature conclusions could lead to misinterpretations. In summary, the analysis suggests that while wave-I may be nearing its end, confirmation of the top requires a decisive market event. Until then, careful observation and adaptability to changing market conditions are paramount for informed decision-making. #BullorBear #bitcoinhalving #BTC #BTC๐Ÿ”ฅ๐Ÿ”ฅ๐Ÿ”ฅ๐Ÿ”ฅ๐Ÿ”ฅ๐Ÿ”ฅ
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Euro's Unusual Moves Prompt Reevaluation: Insights from Neowave Analysis In a departure from its usual patterns, the Euro's recent movements have raised questions about the reliability of established symmetrical rules. This shift may necessitate a reassessment of these rules or could indicate a potential flaw in the current analysis. Conversely, a strong rally in April could help to reaffirm expectations for ideal behavior. According to Neowave principles, when market structure appears complex or unclear, observing price behavior becomes crucial in determining the trend. One notable instance is the Euro's turbulent rally in June 2023, which was swiftly followed by a slower decline (Wave-F) that completely retraced the gains. This retracement suggests a weakening uptrend for the Euro. Furthermore, the subsequent rally in Wave-G, while reaching the same price level as Wave-E, took considerably longer to unfold. This prolonged consolidation hints at underlying weakness in the Euro, signaling a potential reversal in its trend. In conclusion, the Euro's recent deviations from established symmetrical rules highlight the importance of adapting analysis techniques to evolving market conditions. By closely monitoring price behavior and recognizing subtle indicators of trend strength, traders and analysts can navigate the complexities of the Euro's movements with greater confidence and accuracy. #BullorBear #euro #eurousdt #EURO2024
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๐Ÿš€ Bitcoin's Halving: Adjusting Your Strategy for the Current Market Excited about Bitcoin's halving? Here's how to navigate the changing landscape and adjust your strategy for success: ๐Ÿ” Volatility: A Shift towards Stability - Bitcoin's volatility has toned down to around 4%. - It's starting to resemble traditional equities, signaling a maturation in the market. ๐Ÿ’ผ The Role of Long-Term Holders and ETFs - Long-term holders now own over 70% of circulating Bitcoin. - Spot Bitcoin ETFs are absorbing significant BTC supply, driving scarcity and price surge. ๐Ÿ’ก Implications for Trading Strategy - Adopt a measured, long-term approach instead of chasing short-term gains. - Monitor spot Bitcoin ETFs' asset under management and macroeconomic trends. ๐Ÿ“ˆ Transitioning to a Traditional Equity Mindset - Shift from speculative trading to strategic investing. - Prioritize stability and reliability over adrenaline-fueled highs and lows. ๐Ÿ”ฎ Looking Ahead - Embrace a conservative yet analytical approach to trading. - Seek steady and dependable growth in the post-halving era. Ready to navigate the post-halving market like a pro? Let's embrace the future of Bitcoin trading together! ๐ŸŒŸ #Bitcoin #Halving #BullorBear #BTC
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