Bitcoin (BTC) Update
Weekly Close:
Bitcoin didn't end Friday well and is likely to close the week within the $56K range ๐.
Downward Trend:
There's a possibility of further decline to $53-50K ๐ฌ.
Large Holders Selling:
Long-term holders (5-7 years) suddenly sold their coins, causing a market drop ๐คฏ.
Uncertainty:
It's unclear why they sold, but if this continues, things might get worse for BTC ๐ค.
Current Stage: We're in a downward trend, expecting further decline โ .
Reversal Signs: If we reach $53-50K, I'll watch for signs of a full reversal ๐.
Trend Change:
A short-term trend change requires an update of the last downward high at $63.7K ๐.
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- Current market conditions present a buying opportunity at the bottom.
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Completed on June 11, marking a significant milestone for (link unavailable)
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(link unavailable) Ecosystem๐
- Extensive network of over 200,000 verified GPUs, including enterprise-grade AI cards.
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