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ENSIGN TRADING
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🇺🇸 Van Eck: 💰 "What I'm saying is
Bitcoin
is growing up and will eventually be half the total market cap of gold and that's about $350,000." 🚀
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BTC Surges Past $93,000, But Your Alts Are Still in Jeopardy: Here's Why! Bitcoin's recent surge past $93,000 has left many altcoin holders wondering when their investments will follow suit. However, history suggests that patience is key. Reason 1: Cycle Dynamics After a bear market, money flows into Bitcoin first, then into large caps, low caps, and finally memes. This cycle is no exception. Let Bitcoin make a new all-time high, and your alt bags will moon. Reason 2: Reassess Your Portfolio Are you holding last cycle's top gainers (e.g., ENJ, SAND, MANA)? If they're not following Bitcoin's trend, consider exiting with a plan in place. Reason 3: Memes Have Been Front Runners Memes have taken attention of retail in this cycle. Be cautious. Reason 4: Buy the Current Cycle Narratives Last cycle was about gaming and metaverse; this cycle is about AI and DeFi. Invest in narratives that drive the current market. Bonus Tips: 1. Diversify: Don't put all eggs in one basket. 2. Follow liquidity maps. 3. Exit at the right time and take profit. Bonus Tips: 1. Diversify: Don't put all eggs in one basket. 2. Follow liquidity maps. 3. Exit at the right time and take profit. Conclusion: Bitcoin's surge is just the beginning. Understand the cycle dynamics, reassess your portfolio, and invest in the right narratives. Patience and strategy will reward you in the long run.
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🔥 Altseason is coming! 🚀 Bitcoin is overbought across all timeframes. Once Bitcoin starts cooling off, we can expect a drop in Bitcoin dominance (BTC.d) and see funds flow into altcoins. Be Ready for a massive altseason! 📈 Memecoins, AI, DPIN, and RWA tokens are likely to be among the top performers. Altcoin Market Cap (Total2) Target : $2T - $4T 🚀🚀🚀
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#BItcoin Price on November 9th Each Year: 2024: $81,069🟢 2023: $36,166 🟢 2022: $17,191 🔴 2021: $67,226 🟢 2020: $15,411 🟢 2019: $8,816 🟢 2018: $6,358 🔴 2017: $7,205 🟢 2016: $726 🟢 2015: $374 🟢 2014: $354 🟢 2013: $345 🟢 2012: $11 🟢 2011: $3 🟢 2010: $0.29 🟢
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#BTC didn't retraced lower and made a new #ATH from the previous market structural support area. Price again forming a support and might gonna see a new All-time high by NY session. Nothing much can be done here, as there's no level to the left, just hold the coins and enjoy the roller coaster. Next push can be estimated towards the $77,600 and then $82,300.
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SHORT ⚡️⚡️ #BTC/USDT ⚡️⚡️ Leverage: Cross (20X-100х) Entry Targets: 76700-77000 Take-Profit Targets: 1) 76000 2) 75500 3) 75000 4) 🚀🚀🚀 Stop Targets: 78500 ⚡️⚡️ #SOL/USDT ⚡️⚡️ Leverage: Cross (20X-100х) Entry Targets: 196-198 Take-Profit Targets: 1) 190 2) 185 3) 180 4) 🚀🚀🚀 Stop Targets: 212
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