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AEVO analysis: Price is currently in a significant accumulation zone on the lower time frame. The accumulation suggests a potential big move is upcoming. You can accumulate some AEVO within the trading range in preparation for the upcoming rally. Support Area: $0.34-$0.36 #btc #Bitcoin❗ #AEVO #Analysis
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Bitcoin has once again reached a new all-time high, breaking above the $90,000 level. The recent correction was brief, and bulls continue to drive the price upward. The next psychological resistance level to watch is $100,000, and it will be interesting to see how the market reacts in the coming weeks. There is a high possibility that the price will fill the CME gap. #btc #bitcoin #market
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Bitcoin made an another new All Time high, and H4 making some good higher highs and lower lows. Price already retest the support and might dip lower a bit before moving any up. Alternatively, a deeper retracement can come along the way and a reversal move. #btc #bitcoin #market #anaylis
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RARE forming a Bullish peanut pattern, which is bullish continuation pattern which can lead in further rally in the market. buy after the breakout with he strong candle closure. #btc #market #anaylsis #RARE
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Bitcoin's market cycles can be broken into four color-coded phases: 🔴 Deep Bear Market (below Realized Price), 🔵 Early Bull Market (between Realized Price and True Market Mean), 🟠 Enthusiastic Bull Market (between True Market Mean and ATH), and 🟢 Euphoric Bull Market (above previous cycle ATH). Currently, Bitcoin is attempting to transition from the Enthusiastic to Euphoric phase, having briefly touched the 2021 ATH of $69k in March 2024 before pulling back for consolidation.
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