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POWR/USDT long đ© Leveraged Positions: 10X - 20X âĄïž Entry Range: Between 0.2900 and 0.3000 đ« Stop Loss: 0.2650 âĄïž Target 1: 0.3100 âĄïž Target 2: 0.3145 âĄïž Target 3: 0.3200 âĄïž Target 4: 0.3450
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Bitcoin Whales Accumulate Nearly $1 Billion Worth of BTC in Just 24 Hours Despite Price Volatility$$$$ In a remarkable twist during the recent market downturn, Bitcoin whales have displayed a resounding vote of confidence in the leading cryptocurrency by amassing nearly $1 billion worth of BTC within a mere 24-hour period. This substantial accumulation, totaling 15,121 BTC, represents the highest level of whale activity seen in the past two weeks and indicates a notable shift in market sentiment. Bitcoin's Recent Fluctuations and the Impact of Whale Activity Bitcoin's price has experienced heightened volatility in recent weeks, fluctuating between $60,000 and $64,000. Seizing this opportunity, whales have opted to bolster their holdings. This surge in accumulation follows periods of selling and profit-taking by investors, signaling a steadfast belief in Bitcoin even at elevated price levels. Santiment, a prominent blockchain analytics platform, interprets this move as a clear indication of whales' confidence in Bitcoin as a valuable asset. Additionally, industry experts perceive this uptick in accumulation as the onset of a re-accumulation phase, potentially laying the groundwork for a bullish reversal in the near future. Rising Bullish Sentiment The timing of this accumulation is particularly noteworthy, considering the steady influx of capital into the Bitcoin network in recent days. Just a week prior, Bitcoin whales acquired an astonishing 47,000 BTC in a single day, valued at nearly $3 billion. This surge in capital inflow prompted CryptoQuant CEO Ki Young Ju to speculate that a new chapter for Bitcoin may be unfolding. Furthermore, reinforcing the bullish sentiment, respected Bitcoin analyst Willy Woo has observed renewed interest from BTC investors. While confirming this trend reversal may require some time, the underlying data indicates a growing appetite for Bitcoin among institutional players.$BTC #ETFvsBTC
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Renzo Price Prediction $ As of May 8, 2024, Wednesday, the current price of Renzo stands at $0.1457 USD. Our price prediction system indicates that Renzo could close at approximately $0.1469 USD tomorrow, based on recent price trends. Looking at historical data, we anticipate Renzo's price to reach $0.16491 USD by the end of 2024 and $0.19789 USD exactly one year later. Over the next 3 years, Renzo's price could fluctuate between a high of $1.16407 USD and a low of $0.090698 USD. By the end of 2025, we expect Renzo's price to be around $0.35858 USD, while it may settle around $0.18603 USD by the end of 2026. Surprisingly, our calculations suggest a notable value of $0.84231 USD per Renzo by the end of 2029. #RenzoCoin #write2earnđđč #giftbox10usdt
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The current price for one Bitcoin (BTC) is $62,278, marking a 2% decrease over the last 24 hours. Historically, BTC closes above its opening price about 52.98% of the time. The highest recorded BTC price in our records is $72,689, observed a month ago, representing a 14.32% decline from the current price. Of 17 technical indicators analyzed, 5 suggest buying while 8 suggest selling, indicating a short-term bearish sentiment based on technical analysis. The primary resistance level for BTC's upward movement is identified at $62,441, with a need for a close above this level to sustain further gains. Conversely, the key support level stands at $58,294. A breach below this support level may lead to further downward movement. However, a successful close above $62,441 could propel BTC towards the next resistance level at $65,026 $BTC
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