♻️BOME/USDT♻️ 🔰SHORT LIMIT ✅ENTRY:- 0.008050 - 0.0082 🖥 | DLXTRADE on Binance Square

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Bearish

♻️BOME/USDT♻️
🔰SHORT LIMIT
✅ENTRY:- 0.008050 - 0.0082
🖥LEVERAGE: (35x - 50x)
🏹1: 0.0078
🏹2: 0.0074
🏹3: 0.0070
❎STOP-LOSS:- 0.00835
🛜 USE FUND MAX 5%
$BOME #BOME 

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This is a Bitcoin (BTC) chart from Binance, showing a 1-week timeframe analysis as of September 27, 2024, with the current price at $65,259. #Analysis: 1. Historical Price Trend (2020-2024): - From 2020 to 2022, Bitcoin experienced significant volatility with a sharp rise, peaking in late 2021. - Following this peak, a s$BTC teep decline occurred, reflecting the bear market of 2022. - After reaching a bottom, a recovery phase has begun, and the price has been consolidating in a range during 2024, as shown in the gray box (a channel). 2. Current Price Movement: - The price is currently consolidating between $60,000 and $70,000, forming a parallel channel. This indicates a period of indecision, likely waiting for a breakout either to the upside or downside. 3. Future Projection: - The green projected path suggests a bullish breakout from the current consolidation phase, targeting a major resistance near $109,763. - The black upward trendline drawn from earlier cycles indicates potential long-term growth. If Bitcoin follows the current pattern, it could surpass $100,000, hitting the upper trendline resistance around 2025-2026. 4. Conclusion: - This chart implies that after the ongoing consolidation, Bitcoin could see a significant bullish rally. - The key resistance level to watch is $75,000, followed by a more substantial target of $109,763. - On the downside, the support lies around the $60,000 range, and any break below that could invalidate the bullish outlook. This technical analysis suggests strong potential for Bitcoin's growth in the medium to long term, particularly as it aims to break the six-figure barrier by 2025. #BTC☀️

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$BTC The chart represents the price action of Bitcoin (BTC) against Tether (USDT) on Binance. It shows two key scenarios based on price movements at the resistance level of 65,500: 1. Bullish Scenario (Green Arrow): - If Bitcoin breaks above the 65,500 resistance level, it is expected to continue rising towards the 72,000 mark. 2. Bearish Scenario (Red Arrow): - If Bitcoin faces rejection at the 65,500 level, there is potential for it to fall, with a target around the 53,000 support level. This suggests a critical point in Bitcoin's price action where traders should watch closely for a breakout or a rejection. #BinanceTurns7 #BTC☀️

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As of today, Bitcoin (BTC) is navigating a critical phase, trading around $55,000. It is currently experiencing mixed signals: 1. Short-term outlook: BTC faces resistance around $56,000, which could push its price up toward $58,000 and even $62,500 if it breaks through this level. However, if it falls below $54,000, a further drop to $50,000 could be expected. Technically, the market shows a potential for upside as the price consolidates near important moving averages 2. Medium-term outlook: Analysts are eyeing a potential breakout later in September, with historical patterns suggesting that a bullish run could occur after Bitcoin's halving cycles. September tends to be a slow month for BTC, but October has historically delivered stronger returns, averaging 22.9% 3. Bearish risks: Bitcoin is still under pressure from bearish factors, such as declining demand in futures and spot markets. Institutional interest has also waned, contributing to a general downtrend since March 2024 Overall, Bitcoin's next move depends on its ability to consolidate above the $56,000 level in the short term, while long-term prospects hint at a breakout in the coming weeks. Keep an eye on key levels like $54,000 for support and $58,000 for resistance.

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Here's the Analysis of #TON : #TON formed a strong consoldiation range and approaching towards the support zone of $4.60 - $4.92. #TON have a huge potential in upcoming month and expect a bounce from the support and eventually a bullish break to this range. #tonecoin #bitcoin #BTC #Binance

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$BTC SHORT ENTRY 66000 TARGET 60000 - 55000 - 50000 STOP 67500 #bitcoin #BTC #Binance

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