$BTC Germany has sold off millions of 💰 worth of #Bitcoin | Soo Schipper UCW8 en Binance Square

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Soo Schipper UCW8

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$BTC Germany has sold off millions of 💰 worth of #Bitcoin, only to buy back 1,915 $BTC valued at $111 million yesterday. Seems like they've figured out they can print Euro 🪙 but not Bitcoin!

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$BTC $ETH $SOL 🚨🚨 Urgent BTC Update 🚨🚨 1️⃣ BTC failed to retest and break through resistance, which is very negative. It's now likely to drop back to the 50,000 to 49,000 range after breaking support at 56,500. Despite a positive daily close, BTC unexpectedly collapsed instead of rebounding. The dominance (BTC.D) remains bullish despite this setback. 📉 My technical analysis suggests little hope for altcoins. BTC dominance could rise significantly this week unless there's a sudden influx of liquidity to support BTC. 📈 The current BTC dominance stands at 55.11 and needs to reach 55.91 for a bullish trend. The week could see potential for a bounce back early on, possibly driven by market fluctuations and investor sentiment. 💡 Watch out for price levels around 50,000 and 52,000 for potential buying opportunities, with a bounce back expected towards 56,500 later in the week. Stay informed and cautious during this volatile period! Don't share sensitive info. Chats may be reviewed and used to train our models.

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#BTC dominance has broken out of a symmetrical triangle 📈 and is currently undergoing a retest process. Once the retest is successful, we might see it pump 🚀, which isn't favorable for ALTS. When BTC dominance pumps, ALTS tend to dump 📉.

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$BTC The current pullback in #Bitcoin marks the most significant correction of the entire bull cycle since it began from the 2022 low 📉 $BTC

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$NOT is NOT still in an UPWARD Trend. 📉 As you all know, I always advise patience and recommend holding onto $NOT without selling any, because it is expected to PUMP again and reach its previous High buying value. 🚀 Here's the Technical Analysis for $NOT/USDT: $NOT/USDT is currently trading at $0.0148, marking a 46.25% increase. 📈 The 24-hour high is $0.01554, and the low is $0.01007, with a trading volume of 22.28B NOT and 296.01M USDT. Given the recent price surge, investors might consider entering long positions around the current price of $0.0148, aiming for the recent high of $0.01554. 🎯 For short-term trades, entering near the 24-hour high of $0.01554 could be profitable, targeting the support level around $0.01007. 📊 It's advisable to monitor price action in the 15m, 1h, and 4h timeframes for better trade execution insights. 🕒

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