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Parrot Bamboo
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When we examine the daily chart of Bitcoin, it shows an increase towards the resistance of 72773. On the daily chart, this appears to be the only resistance. The target after the break of this level seems to be 77-81. While long liquidation rates are intense at 68,833-68,137-67,815 levels, long liquidation rates are intense at 70,816-71,509-72,616 levels.
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🚨Important Developments: 💫As of Monday, April 8, the London Stock Exchange will begin accepting listing applications for Bitcoin and Ethereum crypto ETNs. 🇺🇲US Consumer Price Index (CPI) will be announced on Wednesday, April 10 at 15:30. •Expectation: 3.4% Previous: 3.2% 🇺🇲Fed FOMC minutes will be published on Wednesday, April 10 at 21:00. 🇺🇲Applications for Unemployment Rights will be announced on Thursday, April 11 at 15:30. •Expected: 217K Previous: 221K 🇺🇲US Producer Price Index (PPI) will be announced on Thursday, April 11 at 15:30. •Expectation: 0.3% Previous:0.6%
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💫 Cryptocurrencies that will unlock high amounts for early investors. #APT - $263 million #STRK - $130 million #ARB - $52 million
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In Cryptocurrency Markets in the Last 24 Hours Long transactions worth $120.89M were liquidated Short transaction worth $51.65M was liquidated Transactions of 76766 people were liquidated The largest transaction liquidated at once was worth $5.91M About 70.07% of liquidated transactions were long transactions.
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When we examine Bitcoin on the 12-hour chart, we can see that it is close to support. As you can see corrections and sales for halving, the first target we will go with the inverted cup handle is the 72773 resistance on the chart. However, BTC has a very high chance of touching the 59890 support before reaching this level. At this support level, intense buy orders and liquidation have accumulated. I think this is the last correction of BTC since the halving is approaching. I think we will see bullish scenarios again after testing the support.
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