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On the 4hr time fram
bitcoin
is showing double top pattern. retested the previous high at 69k. What do we expect.
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BTC to $95k $BTC
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will bitcoin fall back to 53k before next year. Look this pattern well. And tell me what will happen.
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Will bitcoin hit $72k ? what your opinion$BTC
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HOW TO ANALYZE THE CRYPTO MARKET ☢ 1. Technical Analysis⬇️ * Price Charts: Study candlestick charts to identify trends, patterns (e.g., head and shoulders, triangles), and support/resistance levels. * Indicators: Use moving averages, relative strength index (RSI), Bollinger Bands, and others to gauge momentum, overbought/oversold conditions, and volatility. * Volume: Analyze trading volume to confirm trends and potential reversals. Analyzing the crypto market requires a combination of technical, fundamental, and on-chain analysis. Here's a breakdown of each: 2. Fundamental Analysis⬇️ * Project Evaluation: Assess the underlying technology, team, roadmap, and use case of a cryptocurrency. * Market Dynamics: Consider factors like regulatory landscape, adoption rates, and competitive landscape. * Economic Indicators: Monitor macroeconomic conditions that can influence crypto prices (e.g., interest rates, inflation). 3. On-Chain Analysis ⬇️ * Network Activity: Analyze metrics like transaction volume, active addresses, and network hash rate to gauge usage and security. * Tokenomics: Evaluate token distribution, supply dynamics, and economic incentives. * Developer Activity: Monitor code commits, updates, and community engagement to assess project health. Additional Tips: * Diversification: Spread your investments across different cryptocurrencies to manage risk. * Stay Informed: Keep up with crypto news, developments, and regulatory changes. * Risk Management: Set stop-loss orders and take-profit targets to protect your investments. * Continuous Learning: Stay updated on analytical techniques and market trends. Tools and Resources: * Trading Platforms: #Binance Coinbase, Kraken * Charting Tools: TradingView, #CoinMarketCap * On-Chain Data: Glassnode, CoinMetrics * News and Analysis: #CoinDesk, Cointelegraph Remember: The crypto market is highly volatile, and past performance is not indicative of future results. Always conduct thorough research before making investment decisions. $SOL $BNB $BTC
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Mark my words ! #THETA #Write2Earn . In my last post I was talking about three coins we should put our eye on it. Right now am making this post , the coin is over $3 dollars . whiles when I was making that last post the coin was around $2.2 dollars. So you the increase right ?. #THETA has risen +32% in the 24 hours with the price of $3.3. I can still see an increasingly more to $4 while buyers still pushing the price up.$THETA $BAND $APE
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