#BTC100K! BTC is losing ground and falling below $100,000! | CryptoAlex en Binance Square

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#BTC100K! 
BTC is losing ground and falling below $100,000!
Bitcoin has started a correction and is trading around $99,700. The growth has slowed down and the asset is facing local resistance. The important support level is $97,000.$BTC 

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⚡️ In an important statement yesterday, U.S. Federal Reserve Chairman Jerome Powell noted that bitcoin is seen as a speculative asset and digital competitor to gold, not the dollar. This statement highlights the ongoing debate about the role of cryptocurrencies in today's financial landscape. 📈On the backdrop of this statement, BTC updated ATH to $104,285$BTC

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🚀#BTC100K! BTC at $102300, #ETH at $3850. The fear and greed index is 84. The alt season index is 80. The market capitalization is $3.7 trillion. Opinions on coins: 📉 Contenders for Short: - BTC - WAVES. 📈 Applicants for Long: - COMP - AAVE $BTC

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#BTC100K! BTC = $102,000🔥 Another round of history right before our eyes. I don't think there's any doubt in anyone's mind that the bull started😊 $BTC

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⭐Tokens of the projects declared "dead" by Forbes grew by 122% on average 🤑The tokens of those projects that Forbes classified as "zombies" grew by 122.37% on average. This statistic was shared by journalist Colin Wu. This is a Forbes article published in March 2024. The "zombies" included XRP Ledger (XRP), Litecoin (LTC), Cardano (ADA), Algorand (ALGO) and others. #Forbes $XRP

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What's up with Bitcoin? Growth? Ahead of Powell's speech, the market is frozen in anticipation of his results. Let's understand what to expect. The first thing I would like to note at once is that there is no need to play casino and enter positions before his speech. If we look at the market technically, the growth will look more natural. As the asset pushed away from the support zone and flew upward However, let's keep in mind that Powell could easily turn the market a couple percent downward Have a good night🔥 $BTC

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