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you were expecting a dip...there was one...can we go further down? YES
but here it is a good strategy to start buying some names with a small part
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#Marketupdate A strong day for Bitcoin yesterday - very close to making a new ATH. It's a huge mental level so I'm not surprised that it was rejected right before. The price closed the day above the daily $71.6k daily resistance (red line), which is a very good sign, and if we get any retest of this area today, I'll be looking at the strength of the reaction. Nice consolidation above $72k now, so a new ATH is still likely soon.
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#Marketupdate Bitcoin is approaching its all-time high, with a daily close above $69.2k for the first time since June. Resistance is currently at $71.6k, a significant level throughout the year. A daily close above this mark could signal a new ATH in the near future. Today, if there’s a pullback, watch for support around the $70k area. Additionally, Bitcoin dominance is rising, indicating that altcoins are underperforming. Be cautious, as any correction in Bitcoin could disproportionately impact altcoins.
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