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Tony-Stark
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Despite the current price dip, the chief investment officer at Bitwise predicts that Bitcoin will surge to $100,000. what,s Ur thoughts guys ?
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So many comments in every posts about spot coin suggestion? So many questions? .yp this is the right time to buy in spot! Let,s we look up coins which has bullish potential in minimum period! Here I suggest u guys 3 coins to buy! 1.Bigtime 2.Fil 3.AI I will suggest more coins in upcoming days! #Spot #Write2Earn!
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🚨 **Emergency Alert: High Stakes on NOT/USDT!** 🚨 **Current Price**: $0.01590 **24H High (ATH)**: $0.01672 **24H Low (ATL)**: $0.01540 **Technical Indicators**: - **RSI**: 60 (bullish momentum) - **MACD**: Bullish trend - **Bollinger Bands**: Price near upper band (high volatility) - **Moving Averages**: Golden cross (50-day MA above 200-day MA) - **Volume**: Increased interest **Support and Resistance**: - **Support**: $0.01540 - **Resistance**: $0.01672 (key level for a rally) - **Fibonacci Retracement**: $0.01600 (61.8%), $0.01650 (78.6%) **Market Sentiment**: - **Positive**: Strong RSI, nearing ATH - **Negative**: Resistance at $0.01672 could trigger a pullback **Actionable Insights**: - **Long**: Enter at $0.01590, target $0.01672+, stop-loss $0.01560 - **Short**: If resistance holds, short to $0.01540, stop-loss $0.01700 **Conclusion**: NOT/USDT is bullish with increased volume. Watch $0.01672 resistance for further gains. Stay vigilant.
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A bear trap occurs when the price of a financial asset appears to be steadily declining, leading investors to anticipate a further drop. In response, they short-sell, hoping to profit from the continuing downtrend. However, instead of continuing to fall, the price suddenly reverses and starts to rise. This unexpected movement ensnares investors, causing them to incur losses as the price increases. Bear traps provide a false technical indication of a reversal from a downtrend to an uptrend, deceiving traders who expect the decline to persist. When the price rises unexpectedly, those who have short-sold are forced to buy back at higher prices to cover their positions, often resulting in significant losses. These traps highlight the psychological and speculative elements of trading. They serve as a cautionary example of the risks associated with misinterpreting market signals and the potential consequences of trading in the wrong direction based on faulty analyses.
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🚨 **Important Economic News Alert** 🚨 **Impact on $BTC and Crypto Market** BTC is currently between 57K and 58K. Today's key event: - **US Inflation Data Release**: 3:30 PM Riyadh time (UTC +3) - **Market Expectation**: CPI to decline from 3.3% to 3.1% Significant market fluctuations are expected, affecting currencies, metals, oil, and stocks. Trade and manage risks carefully. Follow for more exclusive content. CryptoVenom ✨ #BinanceTurns7 #US_Job_Market_Slowdown #VanEck_SOL_ETFS #BTC
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