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🚀 BLZ Uptrend Cools OFF - What's Next for this Hidden GEM? After 29 hours of strong upward sentiment, BLZ failed to break the $0.30 mark, instead reached its peak of $0.29990 and it seems to re-trace. 1️⃣ Over the last hour the trading volume dropped by more than 50%. Is it calm before the storm or is BLZ actually losing steam? 2️⃣ The prior local top peaked at $0.28940, and closed at $0.27190, which coincidentally corresponds with the last hour local bottom of $0.27135. If BLZ fails to hold the resistance zone at ~$0.27, it might fall sharply. BE EXTREMELLY CAREFUL WHEN TRADING BLZ. This post is meant for educational purpose only, DYOR. #BLZUSDT #blz Talk soon, DividentHub🐋

🚀 BLZ Uptrend Cools OFF - What's Next for this Hidden GEM?

After 29 hours of strong upward sentiment, BLZ failed to break the $0.30 mark, instead reached its peak of $0.29990 and it seems to re-trace.

1️⃣ Over the last hour the trading volume dropped by more than 50%. Is it calm before the storm or is BLZ actually losing steam?

2️⃣ The prior local top peaked at $0.28940, and closed at $0.27190, which coincidentally corresponds with the last hour local bottom of $0.27135.

If BLZ fails to hold the resistance zone at ~$0.27, it might fall sharply.

BE EXTREMELLY CAREFUL WHEN TRADING BLZ.

This post is meant for educational purpose only, DYOR.

#BLZUSDT #blz

Talk soon,

DividentHub🐋

Avertissement : comprend des opinions de tiers. Il ne s’agit pas d’un conseil financier. Peut inclure du contenu sponsorisé. Consultez les CG.
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Bitcoin Dominance Rising 🔥 - Does this means a Start of a BULL Run?Recently, Bitcoin dominance hit about 54%, its highest level since July 2021. Bitcoin has also surpassed its yearly high. The rise in Bitcoin dominance indicates growing investor preference for Bitcoin over altcoins. Several factors can help explain Bitcoin's outperformance:   1️⃣ Bitcoin is seen as the lowest risk cryptocurrency given its longevity, liquidity, and track record. Investors tend to favor lower risk assets like bonds amid uncertainty.   2️⃣ Bitcoin Season - most of the known Altcoins are bleeding against BTC - ETH is down 27.48% against BTC YTD - ADA is down 42.66% against BTC YTD- MATIC is down 59.64% against BTC YTD to name a few. Generally speaking, BTC tends to be a safer asset than Altcoins and still is a market mover. 3️⃣ No matter if BTC is moving in an uptrend or downtrend, Altcoins are following its movement. If BTC gains and then bleeds, most likely Altcoins bleed even more, hence the BTC Dominance going 👆If BTC loses value, then most likely Altcoins lose even more value, hence the BTC Dominance going 👆 So Bitcoin is still consolidating its status as the crypto market leader during a period of macro uncertainty. Many expect Bitcoin to outperform altcoins through 2023, and until monetary policy eases.  All of the posts are for education purposes only, DYOR before investing in the Crypto MarketCrypto Markets are considered a risky endeavor. Talk soon, Divident Hub 🐋
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