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Ashleyez
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Hamid
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#Bitcoin - on the weekly chart dipped below support but quickly bounced back forming an engulfing candle and breaking resistance

A weekly close above $66,200 will be bullish for next week

The ATH level is near 🔥👀

#CMEBitcoinSpotTrading #notcoin #MemeWatch2024 #ETHETFS #altcoins
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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Get ready for $SOL to surge to $200🙌🏻 #SOL #altcoins #buythedip #BTC #ETHETFS
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Someone is always taking profit in the crypto market. For the market to have longevity, it needs to be efficient. If you thought $BTC $ETH or $SOL would easily break through resistance, consider this: after two months of the market convincing everyone that the rally is over, there's little justification for expecting a sudden surge. The crypto market is inherently volatile, and investor sentiment can shift rapidly. When assets like Bitcoin, Ethereum, and Solana show prolonged periods of consolidation or decline, it often signals that the market is resetting. This resetting phase is crucial for building a stronger foundation for future growth. It's during these times that long-term investors accumulate, and short-term traders take profits. Expecting a pullback to bullish moving average (MA) trends makes sense in this context. Moving averages act as dynamic support and resistance levels, reflecting the average price over a specific period. A pullback to these trends indicates a healthy correction, providing opportunities for accumulation before the next potential uptrend. In essence, market efficiency is maintained through these cycles of profit-taking and corrections. While it might be disappointing for some to see prices not skyrocketing, it's a natural and necessary part of a sustainable market. Patience and strategic planning are key to navigating these phases successfully. #Write2Earn! #Write&Earn #Write2Earn #ETHETFS
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$BTC #BTC has been experiencing continuous drops, and we've recently seen it close below the support area. This shift indicates that the market might be gearing up to give altcoins a chance to soar. The current sentiment suggests that altcoins could gain significant traction, but this is contingent on Bitcoin's performance. For altcoins to take off, Bitcoin needs to hold its ground at its current level or climb to around $70,000. As i analyze the market trends, it's clear that Bitcoin's stability is crucial for the broader cryptocurrency market. The recent drops in Bitcoin dominance (.D) highlight a potential shift in investor focus towards altcoins. This could lead to a diversification of portfolios as traders look to capitalize on the potential growth in the altcoin sector. However, it's important to remain cautious and keep a close eye on Bitcoin's price movements. A sustained level or a significant rise to $70,000 would instill confidence in the market, potentially leading to a bullish trend for altcoins. On the other hand, further declines could dampen the overall market sentiment. Stay updated and make informed decisions as we navigate through these market dynamics. #BTCUSDT. #Write2Earn! #Write&Earn #Write2Earn $BTC
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$ETH is on the rise daily, thanks to ETF news and a Supertrend buy signal from 2 days ago. We closed above previous resistance, and the news and charts look bullish Many are waiting for a pullback, so a big gap might be left behind #ETH #Etherum #Cryptocurrenc #ETHETFS #altcoins
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