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I just made a new deal! Click here to copy my portfolio๐
I just made a new deal! Click here to copy my portfolio๐
BillyNFT-UA
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PENDLEUSDT
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$6.4645
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๐๐ #BTC/USDT ANALYSIS BTC continues its path inside the descending triangle. There is a hold above the horizontal support, but with little impact on trading. ๐ง โ A good volume rebound and a breakout of the descending triangle could be a sign of bullish confirmation, pushing for growth. ๐ โ On the other hand, a sustained triangle breakout could lead a bearish market. ๐ป Stay tuned for updates and bidding reviews to make informed decisions! ๐
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๐ธ Attention Crypto Enthusiasts! ๐ฅ It's time to celebrate, as the Bitcoin NUPL metric has officially entered the 'Euphoria Phase' ๐ฅณ. Yes, you heard that right! Bitcoin holders are now swimming in a sea of unrealized profits, while Ethereum investors are left to watch from the sidelines ๐คทโโ๏ธ. But wait, there's more! This delightful development comes amidst the market rally and the much-anticipated approval of the spot #Bitcoin ETFs ๐. Talk about a double whammy of good news! ๐ So, dear crypto enthusiasts, let's raise a glass to the Bitcoin holders and their newfound euphoria ๐พ. And for our Ethereum friends, don't worry, your time will come ๐. After all, in the world of crypto, anything can happen, and it usually does ๐คฃ. Stay tuned for more updates, and remember to keep your sense of humor intact! #CryptoLife #Bitcoin #Ethereum #EuphoriaPhase ๐ธ
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๐ธ Breaking News: Yesterday, May 10, 2024, the Bitcoin-ETF universe experienced a total outflow that would make even the most hardened crypto enthusiast shed a tear ๐ญ. Thanks to our dear friends at Farside Investors, we now know that a whopping $84.6581 million flew out of the spotal bitcoin-ETFs faster than a cheetah on roller skates ๐จ. And who could be the main culprits in this massive outflow? None other than the Grayscale Bitcoin Trust (GBTC) and their friends at BlackRock ETF $IBIT ๐ค. GBTC took the lead with a $103M single-day outflow, while IBIT decided to swim against the current with a $14.19 million inflow ๐โโ๏ธ. Talk about a rollercoaster ride in the ETF world! ๐ข So, dear crypto enthusiasts, let's all take a moment of silence for the $84.6581 million that left us yesterday ๐ฏ๏ธ. And remember, in the ever-changing world of crypto, it's not a matter of if, but when the next twist in the plot will occur ๐ฎ. Stay tuned for more updates, and keep your seatbelts fastened! ๐ #CryptoLife #ETFs #Bitcoin #FarsideInvestors ๐ธ
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๐๐ Oh no, our beloved #USDT.D has taken a tumble after breaking down from the rising wedge. But fear not, fellow crypto enthusiasts, for this could be a blessing in disguise! ๐๐ As it approaches a retest of the pattern, we could see one of two outcomes: 1๏ธโฃ A successful retest ๐ฏ๐ช - confirming a downward movement and potentially giving us a chance to buy the dip! ๐ธ 2๏ธโฃ A failed retest ๐ซ๐คทโโ๏ธ - indicating an upward trend and possibly signaling a bullish market ahead! ๐ No matter the outcome, it's always a good idea to stay informed and keep an eye on the market movements. Remember, every breakdown is just a setup for a comeback! ๐ช๐
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๐ UMA / USDT Analysis: $UMA bounced back from horizontal support with strong volume and is now facing resistance from both the Ichimoku cloud and trendline. A successful breakout from the trendline could lead to a bullish continuation, while rejection might mean a retest of MA 200. ๐๐น
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