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BITCOIN IS DUMPING AGAIN 🔻🔻 Do You Think $BTC Will Touch $59,000 Today ??
BITCOIN IS DUMPING AGAIN 🔻🔻
Do You Think
$BTC
Will Touch $59,000 Today ??
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#OMNI ON BINANCE: Post-Listing Dip or Deeper Downtrend? OMNI's recent #Binance listing hasn't been the moon launch some expected. The price has been correcting after its debut, currently stuck within a downtrend channel. Looking back, there aren't any clear support levels to act as a safety net for $OMNI . A potential buying opportunity might exist around the trendline acting as support, but this is a high-risk entry. Only consider this with a small allocation and a tight stop-loss.🟥 What are your Thoughts on OMNI??
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JUST IN 🚨 #Bitcoin Just Hit $65,000 🚀🚀🚀 Do You Think #BTC Will Hit $70k This Month ???
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Bitcoin and Stocks: A Looser Leash? #Bitcoin relationship with US stocks is showing some signs of reconnection. The 90-day correlation has climbed to 0.17, compared to a multi-year low of 0.01 in March. While this suggests a slight trend towards moving in tandem, it's important to note this correlation remains far lower than the peaks seen during the 2021 bull run (over 0.6). Is $BTC decoupling or just warming back up to traditional markets? #btc
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SHORT-TERM HOLDERS: Key to Spotting BUYING & SELLING Pressure?🤔 Our research dives into how recent buyers (within 1 week to 1 month) can influence spot prices. These short-term holders tend to be more reactive to price swings and may sell during corrections of #Bitcoin . Here's the twist: as the price dips closer to their average purchase price (1w-1m cost basis), their selling is expected to taper off, suggesting potential seller exhaustion. ⏳ By tracking the 1w-1m realized price, we can potentially identify these near-term turning points. Remember, this is just one data point - always do your own research before making any trading decisions.
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BLUR: Stuck in the Channel, Breakout or Breakdown? 🤔 #BLUR continues to navigate a descending channel, currently testing a critical support zone between $0.3660 and $0.3100. This is historically the last line of defense before a steeper drop for $BLUR . While the downtrend seems to be easing, there's no clear #bullish signal yet. A breakout above the channel is key to watch for a potential reversal. What's Your opinion on this❓
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