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Portable Detective07
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$BTC Technical Analysis; . . . 1. Bitcoin has shown bullish momentum over the last 12-16 hours. 2. Sundays typically see a drop in volume, with an increase from Sunday to Monday, impacting prices. 3. Bitcoin is believed to be in a consolidation phase and may drop to support levels around 62,000 to 61,000. 4. Open interest has been bullish since yesterday afternoon but not strong enough for a significant uptrend. 5. Holding the support level could present opportunities for trading altcoins and witnessing rallies. 6. It's likely Bitcoin will drop to the support level, but reactions to it are being observed. 7. A significant increase in volume and open interest after hitting the support level could indicate its stability. 8. If volume and open interest don't rise, Bitcoin might drop below support towards 58,000. 9. The upcoming Federal Reserve interest rate decision and press conference next week may induce market volatility. 🪷 #bitcoin #BTC #Trading #Trade #Bullish

$BTC Technical Analysis;

.

.

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1. Bitcoin has shown bullish momentum over the last 12-16 hours.

2. Sundays typically see a drop in volume, with an increase from Sunday to Monday, impacting prices.

3. Bitcoin is believed to be in a consolidation phase and may drop to support levels around 62,000 to 61,000.

4. Open interest has been bullish since yesterday afternoon but not strong enough for a significant uptrend.

5. Holding the support level could present opportunities for trading altcoins and witnessing rallies.

6. It's likely Bitcoin will drop to the support level, but reactions to it are being observed.

7. A significant increase in volume and open interest after hitting the support level could indicate its stability.

8. If volume and open interest don't rise, Bitcoin might drop below support towards 58,000.

9. The upcoming Federal Reserve interest rate decision and press conference next week may induce market volatility.

🪷

#bitcoin #BTC #Trading #Trade #Bullish

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Community voting in meme cryptos sounds like a democratic utopia, where every holder has a say in the project's direction. However, the reality is far from it. Here's why you should think twice before putting your trust and money into these schemes. The Myth of 100x Profit: It's tempting to believe that you can still catch the train to 100x profit by joining a meme crypto project. But let's face it, the ship has sailed. The early investors have already reaped the rewards, leaving latecomers with crumbs at best. Don't let FOMO blind you to the harsh truth that chasing astronomical gains in these projects is often a fool's errand. Twitter Influencer Traps: Beware of Twitter influencers promising riches through community voting. Behind the veneer of engagement lies a cynical ploy to boost their own likes and followers, ultimately securing lucrative sponsorships and token sales. Don’t fall into their trap. Instead, arm yourself with knowledge and steer clear of their empty promises. The Reality Check: In the world of meme coins, community voting is often nothing more than a façade. Educate yourself about the project's fundamentals and consider the motives behind the supposed democratic process. Remember, there's no substitute for thorough research and critical thinking when it comes to investing in cryptocurrencies. In conclusion, don't be seduced by the illusion of community voting in meme cryptos. Stay vigilant, stay informed, and most importantly, stay away from schemes that promise the moon but deliver little more than disappointment. #ScamRiskWarning @Binance Risk Sniper #Memecoins
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$OP Technical Analysis; . . . • Ethereum (ETH) has been strong against Bitcoin (BTC), benefiting Ethereum-related coins like Optimism (OP). • Continued bullish ETH trends against BTC are crucial for OP’s bullish momentum. • OP has seen bullish breakouts and surpassed key levels, but it needs to surpass 2.85 to turn highly bullish. • If OP has the momentum to break above 2.85 due to recent spending of momentum. • In the short term, OP is expected to rally towards 2.8 and 2.85 but may face resistance and consolidate around 2.5 and 2.4. • It’s advised to monitor price alerts at 2.8 and prepare to long the breakout, but it may not happen soon. 🪷 #BTC #bitcoin #Trading #ETH #BullorBear $BTC $ETH
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$PEPE is a #Memecoin . Guess What’s the next moment; . . . • PEPE cryptocurrency’s current performance compared to other meme coins and Bitcoin is discussed. • PEPE and BONK have been the strongest meme coins in the last week, while Bitcoin has been relatively bearish. • PEPE is struggling to break above resistance levels at 8,500 and 8,000. • Despite gaining momentum since April 25th, PEPE’s current performance isn’t as high as it was previously. • The open interest chart for PEPE is strong, but not as high as during its peak performance. • PEPE’s momentum depends on Bitcoin’s performance, which is currently not strong enough to break above resistance. • PEPE is predicted to consolidate and slowly drop towards 6,500 and 6,000, potentially consolidating at that level. • If the market becomes more bullish, PEPE could break out, but there’s no confirmation yet. 🪷 $BONK $BTC #Memecoins #Megadrop #bitcoin #Metaverse
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$ETC is a Shitcoins? But… . . . 1. Considers ETC a "shitcoin" but acknowledges its current momentum. 2. ETC's volume is largely from shady exchanges and Upbit, possibly indicating manipulation. 3. Ethereum's strength against Bitcoin is bullish, which could benefit Ethereum Classic. 4. ETC formed a bullish market structure, breaking above $28.5 resistance. 5. Increased open interest and spot buying suggest further bullish momentum. 6. Confirmation of breakout needs a retest of $28.5 level and high open interest. 7. Cautious trading of ETC is advised if Ethereum remains bullish and manipulation persists. 8. Based on facts, it's likely ETC will continue rising. 🌸 #Trading $BTC $ETH #bitcoin #Memecoins #Token2049 #Memecoins
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$BTC & Crypto Market Technical Analysis: . . . Bitcoin’s recent bearish trend has led to a spot sell-off, resulting in loss of momentum. A crucial support level is nearing, estimated between $62,100 and $61,500. Should Bitcoin find support here, it could consolidate, offering an opportunity to explore strong altcoins. However, failure to gain momentum may lead to a drop to the next support levels around $59,000 or $58,000. Most altcoins lack strength, except for a few like BONK , OMNI , WLD , and SSV. It’s advisable to wait for solid bounce confirmation or support level hold before considering trades. Certain cryptos with low funding rates, such as BLUR and STG, hold potential, while others like SOLAR and POWER Ledger could see gains under specific conditions, despite their questionable reputation. 🪷 $OMNI $STG #BTC #bitcoin #Memecoins #Megadrop #Bullish
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