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n1c0
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$BTC
Aviso legal: Se incluyen opiniones de terceros. Esto no representa una asesoría financiera. Puede haber contenido patrocinado.
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not a single alt looks worth bidding, sad
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$BTC: Wipeout week? Stables ready.
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$HYPE: Looks like its trying to carve out a bottom here between 18 and 23. I've bought some spot and am hoping that this 18-23 range holds because otherwise we're gonna revisit $14-15. So far we've had a strong rejection from the $23 level but I wouldn't be too worried atm. Just let the coin do its thing for now. There was also a really nasty candle on bybit perps. Just trade $HYPE on hyperliquid please. If $BTC craters into the low 80's, I think that would provide an opportunity to get some cheap $HYPE as well.
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$BTC: Still looking for a test of daily MA and/or EMA 100 as previously mentioned. These moving averages acted as important levels in the previous run up and consolidation. Ideally we repeat January 2024 and get a bottom there before a new leg carrying us to 120k at minimum and 150-160k likely as a maximum. We also want the moving averages to continue sloping upwards because when they become flat, it indicates the absence of a trend. In these cases, we must wait for a compression before a new trend can be established.
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$BTC: The highest probability is that we chop for a few weeks imo rather than V reverse. If we get down to 85-89k and OI flushes to the lower part of the RSI (black circle) while the order book remains skewed on the bid side, I think it's a place where you want to bid hard. Similarly, this level represents a 20% correction from 108k and those have been the norm this cycle and is where the daily MA100 lies. I think 85-90k is the worst case scenario and multiple daily closes below 85k would be very worrisome so I am making plans now in case we do head lower by the end of the month. However, if we can hold 95k while the oscillators on the daily reset I think that also present a long opportunity.
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