Reaching $42,000 is merely the beginning of a "super-cycle" | Rainbow Bull en Binance Square

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Reaching $42,000 is merely the beginning of a "super-cycle" that will take it beyond $500,000 - Bloomberg  
However, a market correction is possible. In the coming weeks, Bitcoin will retest the 38k level. Be cautious!   
$BTC  #BTC  #Bitcoin  #near  #ETH 

Aviso legal: Se incluyen opiniones de terceros. Esto no respresenta una asesoría financiera. Puede haber contenido patrocinado. Lee los TyC.

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URGENT UPDATE: $AURORA has broken out. See this analysis to find out! 💥 The current green candle shows strong purchasing pressure, with the closing price significantly higher than the opening.This could indicate the beginning of an upward trend. The price closing above all MAs, from short-term 5-day to long-term 60-day, adds more weight to the potential bullish momentum. A higher volume than usual on the green candle confirms the strength of the price movement. However, the volume indicator suggests this wasn't an extreme surge. The price action before the green candle was flat, so this upward move could mark a breakout from a consolidation period. Conclusion: While the overall picture seems bullish, further confirmation is needed. Look for continuation patterns, and indicators like MACD crossover or RSI above 50, and consider broader market factors before making any trading decisions. 🚀✨🎉 $NEAR $BTC #BTCto1M #BinanceTournament #Ethereum! #NEAR🔔

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Bitcoin ETF announcement: SEC leader Gary Gensler confirms green light for #Bitcoin spot ETF. 🎯🚀🎉✨ Here is his official statement. #Bitcoin #BitcoinETF💰💰💰 #crypto #NEARProtocol

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Breaking News! 🔥 The Cboe BZX Exchange has given the green light for the Invesco spot Bitcoin ETF to trade on its platform. That means SEC will approve Bitcoin ETF soon! The chance is 99.99% 🚀✨🎉🎯 #BitcoinETF💰💰💰 #Binancetournament #Ethereum2024 #NEAR/USDT🌐

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AURORA weekly analysis: On the daily chart for AURORA/USDT, we can see the following: Candlestick Patterns: The current candlestick has a small body with a slight upper shadow, indicating a relatively uncertain market with a minor price decline (0.54% lower than the previous day). This style of candlestick frequently represents a state of equilibrium between buyers and sellers. Volume: The SMA for Volume is 1.558M, which is a reasonable amount. It implies that there is some trade activity, albeit not very intense. Volume can provide context for price movements; for example, a price move with more volume can be seen as having more conviction. Moving Averages: The price movement is below the 9-day EMA, as illustrated by the dotted line, indicating a bearish indicator. Prices below moving averages often indicate that the asset is in decline or is under pressure. MACD (Moving Average Convergence Divergence): The MACD line is very near to the signal line, and the histogram bars are small, red, and almost insignificant in size. This shows a lack of substantial momentum in either direction, increasing the market's indecisiveness. Price Action: The little negative percentage change on the recent candle implies a very small bearish move, although the market has not shown considerable momentum in either direction for some time. In conclusion, it's still consolidating. We'll have to wait for the next week signal. Traders may seek for additional signs and examine extra analysis or news that may influence market sentiment. It is crucial to remember that chart analysis is not perfect and should not be used as the only foundation for trading decisions. #BinanceTournament #BTCETFSPOT #NEAR🔔 $NEAR

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$AURORA is currently holding steady while forming an ascending triangle pattern. A breakout above $0.35 could trigger significant price gains, with a potential target of $1. 🎯🚀✨🍀 However, this is not financial advice, and we will have to see the Bitcoin yearly candle to see a more clear picture. If the price falls below $0.27, there's a chance it could retrace back to $0.20. #binancetournament #BTC45k #eth #AltCoinSeason #NEAR🔔 $NEAR

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