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BTC.D break down this pattern will be Alts season
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📈 XRP Market Update: Short Sellers Capitalize on Bearish Trends Below $2.30 The XRP market is showing a downtrend, with the price trading between $2.19 and $2.25 over the last hour. The 24-hour trading volume stands at $7.85 billion, and the market cap is $127 billion. The intraday price range is from $2.21 to $2.35. These figures indicate bearish trends across all major timeframes. 📉 XRP's daily chart clearly shows a downtrend with consistent lower highs. It's evident that short sellers are capitalizing on these bearish trends. Remember, in the world of cryptocurrency, prices can be highly volatile. Always do your own research and invest wisely. #SOL #trading #crypto #WORLD #MAJOR
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📊 Investors, it's time to move on from Ripple (XRP) and Dogecoin (DOGE). These top crypto coins are on their last legs. Their upside potential is dwindling with each rally and bull cycle. They're becoming less appealing than new altcoins just starting their journey. 🚀 So, where should you invest? Look for a new DeFi coin with real potential! This promising project combines innovation and utility, offering a fresh perspective on decentralized finance. It's not just another altcoin — it's a game-changer in the making. 💡 Don't miss out on this opportunity to be part of something great. The future of cryptocurrency is here, and it's waiting for you to claim your piece of the pie. #SOL #Dogecoin #crypto $ETH $NOT
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📈 Exciting News! 🚀 The Bitcoin Coinbase Premium Index has shown a bullish trend. This indicator is a key signal for the future price of Bitcoin. According to CryptoQuant, an on-chain analytics firm, the index has formed a pattern that suggests a positive outlook for the cryptocurrency's price. The index tracks the price difference between Bitcoin on Coinbase and other exchanges. 🚀 Get ready for a price increase! 🚀 The current price range of $69,000 has been breached, and Bitcoin is now headed towards $108,000. Stay tuned for more updates and join us on this journey of discovery and innovation! #BTC #Coinbase #Bitcoin #Bullish #crypto
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Total Manipulation Move has arrived in the market No bad news market will bounce hyto after some time. 🚀
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🔽📈🔽Why BTC dropped drastically? ♦️Economic Data and Rate Cut Expectations: The release of the ISM PMI data, which indicated higher services pricing, led investors to pare back their expectations for rate cuts by the Federal Reserve. This adjustment in expectations caused a significant spike in U.S. Treasury yields, traditionally a bearish signal for risk assets like cryptocurrencies. The unexpected economic data spooked investors, leading to a sell-off in Bitcoin. ♦️Market Sentiment and Liquidations: High levels of market greed often precede pullbacks, and Bitcoin's sharp decline post a new all-time high might be indicative of this. The market saw over a billion dollars in open interest wiped out, with significant liquidations contributing to the downward pressure on Bitcoin's price. ♦️Global Economic Concerns: Rumors about health crises in China, like the spread of the HMPV virus, have also been mentioned as potential contributors to the sell-off, although these claims should be treated with caution as they come from social media posts and are not verified through official channels. ♦️Technical Indicators and Market Dynamics: Bitcoin fell below key moving averages, which are often used by traders as signals for market direction. This, combined with a surge in trading volume as more traders took short positions, further fueled the bearish momentum.
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