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The same old, empty Iran-Israel tension again. Would a country that’s planning a military operation announce it to everyone on social media? We're just trying to make a little money, but you never let us.
$BTC
#BTCUptober
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Aviso legal: Se incluyen opiniones de terceros. Esto no representa una asesoría financiera. Puede haber contenido patrocinado.
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The Strength of CeDeFi: Empowering Financial Independence with BounceBit
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$BTC The chart shows Bitcoin’s daily price action, with the price trading near its all-time high (ATH). Several key factors are supporting the current rally: #ETHETFsApproved Inflows: Yesterday’s net inflow of $510 million into Bitcoin ETFs signals sustained institutional demand, which boosts market confidence and supports the upward movement. The fact that ETF inflows are continuing even at ATH levels suggests that investors expect further appreciation. Funding Rates: With the pullback in altcoins, funding rates have returned to normal levels, which is a positive sign for a healthy uptrend. Keeping funding rates from climbing too high prevents sudden, large corrections. This adjustment makes the rally more sustainable. #Binance240MUsers Whale Activity and Short Liquidations: Positive whale activity and the clearing of short positions are also supporting the price. The active presence of whales at these levels indicates that large investors are still interested in the market. Technical Analysis The chart shows Bitcoin breaking through significant support and resistance levels. Notably, the strong break above the 67,394 and 73,876 levels has accelerated the rally. Currently, the price is around 89,249, and some profit-taking could lead to a slight pullback. In this scenario, the following levels may serve as support: Support Levels: 82,000 and 73,876. A dip to these levels would offer healthy support for a continued rally. Resistance Levels: Bitcoin is approaching the psychological 90,000 level. A strong breakout above this level could pave the way for higher targets. Conclusion Overall, the data looks positive. The ongoing ETF inflows, positive whale activity, and reduced short liquidations all indicate that the market could continue its upward momentum. However, small pullbacks would contribute to a more stable uptrend, as they prevent sudden and sharp declines. At this stage, it’s essential to monitor the overall market direction and ensure that funding rates remain balanced. $DOGE
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The Power of CeDeFi: Unlocking Financial Freedom with BounceBit
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Everyone is creating visuals with #chatgbt, so I thought I’d give it a try too. Let’s see what it comes up with—probably nothing could define me better! 😂 Half my life is spent in the mountains, and the other half in crypto. 💐 #USUALonLaunchpool&Pre-Market $BTC $DOGE
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We’ll need to wait a bit longer for the altcoin rally. Currently, the #Bitcoin and #Memecoin rallies are ongoing, and #BTCDOM remains quite high. Bitcoin reaches new peaks daily but hasn’t fully reached its ultimate high yet. It’s likely to keep rising for a while. Altcoins might get their turn around late December or early January. Until then, let’s stay patient and avoid stressing. Once Bitcoin completes its peaks and starts to move sideways, and BTCDOM starts to decline, we’ll see altcoins rise. Meanwhile, we’ll keep looking out for new Memecoin opportunities. Wishing everyone a good night! 🍀 $BTC $PNUT $DOGE
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