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Solana is just $10 away from retesting its FOMO level at $194.65 after 3 rejections! 📈 To trigger a potential 200%-400% surge, it needs to break and stay above this level sustainably. Keep a close eye! $SOL
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Bitcoin's recent rally has slashed its supply in loss from 26.2% on July 7 to just 9.4% now. With 90.6% of the supply in profit and Bitcoin holding above the 20-week SMA ($60.5K), this value is expected to rise further, accompanied by some selling pressure from profit realizations.
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#Bitcoin has surpassed its FOMO level after staying below it since July 3rd! Historically, this could mean a 200-400% price surge in the coming months. Therefore, holding this level ($60.8K) is crucial as we head into November (US elections) and Q4 in general
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The market is in fear levels, which were last seen on Dec 14, 2022, when #Bitcoin was $17.8K. Despite negative news like Mt. Gox repayment, Germany selling Bitcoin, and miners capitulating, BTC is above $57K. Is the summer bottom in, or will we keep sliding? Share your thoughts👇
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📊 Bitcoin Supply in Profit stands at 80.6%. The last time we hit this level was Oct 19th, 2023. when BTC was $28.69K. With addresses in profit declining, so is the selling pressure.
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