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⚠️ New Binance Listing Alert ⚠️ $TAO will be listed on Binance in around 3 hours. My advice is to hold off on buying immediately because the market will be highly volatile. Buying at a high price could lead to getting stuck, and the market may drop later. I've mentioned this advice multiple times during previous launches, and it's proven to be right. You can check my past posts for verification. Good luck! Consider waiting at least an hour before making any entry. $BTC #CPI数据 #bitcoinhalving #Memecoins

⚠️ New Binance Listing Alert ⚠️

$TAO will be listed on Binance in around 3 hours. My advice is to hold off on buying immediately because the market will be highly volatile. Buying at a high price could lead to getting stuck, and the market may drop later.

I've mentioned this advice multiple times during previous launches, and it's proven to be right. You can check my past posts for verification.

Good luck! Consider waiting at least an hour before making any entry.

$BTC #CPI数据 #bitcoinhalving #Memecoins

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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Strong Bitcoin Bulls: More than 450,000 Addresses Bought 273,000 BTC Bitcoin has calmed down after a 25% rise from its lowest point in May 2024. Even though there's been a slowdown, some experts believe Bitcoin will continue to grow in the future. Bitcoin is Supported Between $70,180 and $70,600 $BTC According to one expert on X, Bitcoin has strong support between $70,180 and $70,600. On-chain data shows that over 450,000 addresses bought 273,000 BTC at this price range, indicating solid support. If this level is broken, sellers will need to push harder to sell more BTC. Glassnode, a company monitoring on-chain data, reports that Bitcoin's activity has slowed down after strong selling. Although the price rose to $73,800 in March 2024, it dropped to $56,500 this month. While prices have gone up again, the bulls haven't surpassed the all-time highs yet. Glassnode mentions that volatility has decreased despite weak capital inflows. It's uncertain whether volatility will increase once $72,000 is surpassed. Whether Bitcoin bulls can recover from the drop is crucial. Another analyst on X stated that this pullback and the bulls' failure to complete the upward movement on May 20 shouldn't concern investors. An optimistic expert believes that retracements are normal during bullish periods, citing a recent 23% correction. It's significant that each retracement came from a higher level. The next local bottom might be around $80,000, higher than the last one. Bitcoin is facing a strong barrier at $72,000. Despite more efforts in early April, the bulls couldn't surpass this level. Technically, this resistance level is important. Breaking through now would increase the chances of Bitcoin retesting $73,800 or higher. Inflows to Bitcoin ETFs and improving sentiment may increase demand in the coming days. Bitcoin bulls are likely to confirm the May 20 movement and break local resistance. $BTC #EarnFreeCrypto2024 #altcoins
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