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Everyone is keeping eye on
#PEPE
what do you think where would be
#PEPE
by the end of March 2024?
#PEPEALERT
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PEPE
0.00001369
-0.94%
630
0
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$BTC Long entry: 102k,103k,104k TP: 110 111 112 113 SL:98k DYOR For supporting me Binance ID: 529177517 #btc #btcpump
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LTC$ will cross 110$ but before that it will go down to take some liquidation somewhere between 95-98$. But please DYOR. #ltc #BullRunAhead
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Enter this code in Red packet to win USDT $$ đ đ§§"BPU24LHOGC" đ§§đ #AltcoinSeasonComing #free #redpacket
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Bitcoin Price Movement:$BTC Attempts to Break $97K but Retraces to $93Kâ$95K Range Over the past few days, Bitcoin (BTC) has experienced a notable push toward the highly anticipated $97,000 mark, driven by strong market sentiment, institutional interest, and optimism surrounding the broader cryptocurrency market. However, despite this bullish momentum, BTC failed to sustain the breakout and has since retraced, now stabilizing between the $93,000 and $95,000 range. The Push Toward $97K The upward momentum was largely fueled by growing anticipation around the next halving cycleâs impact, continued inflows into spot Bitcoin ETFs, and a generally bullish outlook across traditional markets. These elements combined to push BTC close to the $97,000 thresholdâa price point many traders had been eyeing as a psychological barrier and a potential catalyst for further gains. Whale activity and short liquidations added to the upward pressure, with several large buy orders recorded on major exchanges like Binance and Coinbase. This surge prompted many to speculate whether BTC was preparing to enter a new price discovery phase. Resistance and Rejection Despite the bullish setup, Bitcoin encountered strong resistance just below the $97K mark. Profit-taking by short-term holders, along with macroeconomic uncertaintiesâincluding renewed concerns about interest rate policy in the U.S.âled to a short-term pullback. This resistance was compounded by a slight dip in ETF inflows and a cooling off in overall crypto market enthusiasm. As a result, BTC corrected back to the $93,000â$95,000 zone, a range that has acted as a support level over the past week. If Bitcoin can hold above the $93K support level, a renewed attempt at breaking $97K could materialize in the near term. However, failure to maintain that support might lead to a deeper correction toward the $90K level or lower. #BTCRebound
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