Why is the market bearish despite the positive news in the past days?

The answer is: Miners sell Bitcoin.

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ETH 📈

If the buyers are able to overcome the sellers and the daily average of 50 is restored, new strong liquidity will enter

Knowing that it is close to breaking a major downtrend from the $4039 peak

God willing, we will see a breakthrough + a close above the average 💵

Rapid analysis
If you want a detailed analysis, please like

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The sharp decline witnessed by Waves in June 2024 is due to several key factors. The most prominent reason is the continuous deterioration in the market value of the Neutrino USD (USDN), a stable currency supported by Waves, as this currency lost its connection to the US dollar, which led to a loss of confidence among investors.

In addition, the decision of some major cryptocurrency exchanges to delist and issue warnings about USDN further exacerbated the downturn. For example, Upbit removed USDN from its list, putting further pressure on the price of Waves

This decline comes in the context of a generally volatile digital currency market, as many digital currencies have witnessed sharp declines as a result of global economic turmoil and increasing market volatility.

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Top 100 24h Gainers 🚀

NOT $0.0238 +69.15%
STACKS $0.008590 +39.18%
BRETT $0.1231 +28.69%
W $0.6670 +12.85%
JASMY $0.0393 +9.65%

Top 100 24h Losers 🔻

BGB $1.34 -7.68%
PENDLE $5.95 -5.32%
FLOKI $0.000245 -5.03%
PEPE $0.00001457 -4.71%
BEAM $0.0284 -4.47%

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🔔 Artfi project subscription

($ARTFI)

📍About the project

It is a technology company working in the field of art. Its goal is to make the luxury art market, estimated at $1.7 trillion, accessible to everyone.
This is done by using modern technology such as NFTs and blockchain.

Artfi divides valuable artworks into small digital lots that can be traded as NFTs.
• This means that a person can purchase a small share of a valuable painting or artwork, rather than having to purchase the entire artwork for a large sum.

By dividing artworks into lots that people can buy, Artfi allows people from different economic backgrounds to be part of the luxury art market.
• This increases the reach of art and makes it available to a wider group

They have nearly half a million followers on social media
The project also has strong partnerships such as SUI
And VENOM
.

- - - -
📍Currency information:

- Currency symbol: $ARTFI
- Currency price: $0.03
-Initial trading volume:-
-Total trading volume:-
-Total number of currencies: -

-Currency distribution: TBA
-Network:SUI
- - - -

📍Subscription platforms:
Seedify platform

-Registration is available and will end
06/05/2024 at 1 pm UTC,

- - - -
📍Subscription deadline:
June 6
1pm UTC

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Good morning

#Bitcoin

Note respect for the trend at 66500, in addition to the 21-day average in the same area, and the price rebounds from there.

We spent a whole week between 67-70 and it was like a yo-yo without any visible movement

What is special about the topic is the state of boredom and depression that controls people, as if the market were in a supermarket

God willing, there is nothing new in the outlook and things are fine

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Currently, we are entering a difficult stage, which is doubt ❗️

The majority are thinking of taking out their coins and catching the wave of chips and meme coins 🐶

We will see a group of analysts talking about a bigger decline coming 📢 and they have great negative news ⛔️

🔥 🔥

But the day people become attached to the peaks of meme currencies, liquidity will come out of them and enter into large projects. There are even projects that explode every day, and your currency may be among them, so do not give up your entry position and focus on buying in areas and consolidating 🔥 🔥

⚡️Important June events

In June we are waiting for something different
Events that will have an impact
Impact on BTC, ETH, and more
A number of alternatives and here are more
Important dates of the month:

✔️05.06 - Update V17
Cosmos Network (ATOM)
✔️07.06 - Publication of data
Unemployment in the United States of America
✔️10.06 - Apple WWDC 2024 presentation
✔️12.06 - Publication of the Consumer Price Index
✔️12.06 - New Federal Funds Rate
✔️13.06 - List of ASI codes
✔️27.06 - The first debate between Joe Biden and Donald Trump

🔥Save this post so you don't miss potential fluctuations in the cryptocurrency market,
Furthermore, the Ethereum ETF is scheduled to begin trading at the end of the month.

#FIT21
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Why selling your NOT coins early is a huge mistake
.

It was different: we never asked users for money to play and win, we never paid for marketing, we didn't do token sales, etc.
It was always about people and high morals and no...
Maybe nothing and something else.

Millions of people have earned Notcoins, hundreds of millions have learned from them and gone to the market to find the next Notcoin

It must be rewarding.
It must be sustainable.
This time with style.

That's why Notcoin has made this shift to culture and ecosystem.
Notcoin Explore is one of the recently introduced win-win subsystems.
Games will be different. Competitions will be the third. And so on and so on.

Some of these subsystems will function and grow from day one. Like "Explore" where millions of people are earning real Notcoin right now.

Some experiments will have no results. Some will require repetition. We are ready for that. This is actually the best part.

The main goal is to have enough effectively functioning, value-added subsystems built alongside the community over the next 4-5 years to make it fully autonomous and self-evolving. With Notcoin values ​​as the core of course.

That was the original strategy.

.#ido #Notcoinnews #btc70k $NOT

📊Analyze and update the Total Market Cap Mojia chart

🔸It hasn't happened for 7 months since November, but this time we update it due to the clarity of the chart more than the Wyckoff School.

🔸Since I analyzed the chart since September 2023, it has been applying what I say literally, and this, praise be to God, is success from the Lord of the Worlds.

🔸I see the chart as a clearer wave and we are targeting the green range at 4.4T. Classically, we notice that it penetrated the ascending channel strongly and then returned to test it.

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The rapid and massive spread of NOTCOIN can be attributed to several main reasons:

1. **Integration with Telegram**:
- Notocoin's integration with the Telegram platform, which has a huge user base estimated at hundreds of millions, allowed it to reach a wide audience easily. This integration made it easy for users to access and participate in the game without having to download additional applications

2. **Simplicity of the game and ease of access**:
- The game's simple and free-to-play design, which relies on clicking on a moving coin to earn Notcoins, makes it attractive to a wide range of users. This simple design and ease of play helped quickly attract millions of users【 [

3. **Support from trusted entities**:
- Notocoin received support from well-known institutions such as the TON Foundation, which contributed to strengthening its credibility and users’ confidence in it, which helped in its rapid spread【

4. **Viral Marketing and Referral Programs**:
- Using a referral system within the game encouraged users to invite their friends to join, which led to rapid spread and a significant increase in the user base. Both the referrer and the referral were getting rewards, which boosted users' enthusiasm to spread the game

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Pepe

Expectations of the new summit and the time to reach it

ICT (Inner Circle Trader) School
**Expectations for the new peak: The new peak is expected to exceed the level of 0.00001725 and may reach the level of 0.00001809.
- **The expected time to reach the new peak is within one to two months, provided that the upward momentum continues.

SMC School (Smart Money Concepts)
- **Expectations for the new high**: The new high could reach the 0.00001850 level if the bullish momentum continues.
- **Expected time to reach the new summit**: It is expected to reach the new summit in a period ranging between two to three months.

Gann School of Time (Gann Theory)
- **Forecast for the new high**: According to the Gann angles and timing points of convergence, the new high could reach the 0.00001800 level.
- **Expected time to reach the new summit**: It is expected to reach the new summit within three to four months.

Summary of expectations

All schools point to a continuation of the uptrend with the potential for new highs beyond the current one. The time differences in expectations indicate that reaching the new peak could occur in a period ranging from one to four months, provided that the upward momentum continues and no strong repercussions occur.

- **ICT School**: 1-2 months.
- **SMC School**: 2-3 months.
- **Jan School Time**: 3-4 months.

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Expectations of the new summit and the time to reach it according to the three schools:

ICT School
Expectations for the new peak: Based on price analysis and liquidity, the new peak is expected to exceed the level of 73,777.00 and may reach the level of 76,692.05.
Expected time to reach the new peak: Given the weekly chart and the strong upward trend, it can be expected to reach the new peak within the next few months (2-3 months), provided that the current upward trend continues and there are no strong reversals.

SMC School
Expectations for the new high: Market structural analysis indicates that the new high will exceed the level of 73,777.00. The price could reach 80,000.00 levels if the bullish momentum continues.
Expected time to reach the new top: Based on previous movements and key levels, it is expected that the new top will be reached in a period ranging between 3-6 months, if the upward trend continues with the same strength.

Gann School of Time (Gann Theory)
Forecast for the new high: According to the Gann angles and timing points of convergence, the new high could reach the 78,000.00 level.
Expected time to reach the new high: Using Gann time cycles, it can take about 4-5 months to reach the new high, given the previous time movements and the current trend.

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The giant BlackRock collected and bought Bitcoin aggressively 🚨

An update to their quantities: In just 39 days, they bought 11,681 Bitcoin, which is worth $799M. Million dollars 😱

🚨 They currently own 284,526 thousand Bitcoins, which is worth $19.39 billion billion dollars, harvesting green and dry!

Strong investors are increasing their amounts and some are waiting for a correction to 20 thousand and 15 thousand odd 🤔

It's time to sell and escape, from my point of view, when you see these companies (BlackRock - Fidelity - Microstrategy...) starting to sell their quantities aggressively!

@Binance Square Official ✅
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