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Undercover Gem
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👀Guess what? $BTC didn't break below $60000 and bounces back everytime it reaches that level. 😏So we can say, the support is strong and the "war" was just a reason to have a correction in the market. Those who panicked and sold their assets at a cheaper price must be biting their nails now. Cheers to the one who is still holding their assets🥂 📌It's a bull market, be careful of what you do. Dips like this is common here, it's not the end of the world.....

👀Guess what?

$BTC didn't break below $60000 and bounces back everytime it reaches that level.

😏So we can say, the support is strong and the "war" was just a reason to have a correction in the market. Those who panicked and sold their assets at a cheaper price must be biting their nails now.

Cheers to the one who is still holding their assets🥂

📌It's a bull market, be careful of what you do. Dips like this is common here, it's not the end of the world.....

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Analyzing the Crypto Market: Liquidations and Potential Reversal Market Overview • After the downward impulse, there is a ringing silence on the crypto market, for now let’s look at the situation with liquidations. Liquidation Statistics • According to Coinglass, within an hour since the release of data on consumer inflation in the United States, $64.59 million worth of traders were liquidated. • Of these, longs amounted to $59.62 million, shorts amounted to only $4.97 million. • In just 24 hours, there are already $310.36 million in liquidations. • Of these, longs - $258.38 million. Liquidity Distribution • According to the map of potential liquidations, the situation is ambiguous - there is more liquidity at the top now, but there is also a lot at the bottom, plus the bears are more cautious. Their liquidations cost further, at $68,390. Liquidity Heat Map Analysis • According to the liquidity heat map from Coinglass: • 24 hours: main clusters in $BTC at $68,487 and $69,807 • for the week: main clusters at $68,114, zone $68,800, $70,980, $72,840. • on thehe month: main clusters at $65,289 and $72,062. Market Outlook and Trading Strategy • In general, the picture looks like a good start to an upward reversal, and not a rebound. • The only thing that confuses us is that the BTC rate is stuck around $67,650, where there are no important supports on our chart. • Buy at the current level without waiting for a larger drawdown. • But as long as there is no consolidation above at least the nearest support (volume level of $68,232), we can receive a second impulse as a gift. With a target, the volume level of $67,088 and EMA 200 of the four-hour time frame are slightly lower. Follow me for daily updates❤️ #BullorBear #cpi #bitcoinhalving
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