Bitcoin (BTC) Update
Weekly Close:
Bitcoin didn't end Friday well and is likely to close the week within the $56K range 📉.
Downward Trend:
There's a possibility of further decline to $53-50K 😬.
Large Holders Selling:
Long-term holders (5-7 years) suddenly sold their coins, causing a market drop 🤯.
Uncertainty:
It's unclear why they sold, but if this continues, things might get worse for BTC 🤔.
Current Stage: We're in a downward trend, expecting further decline ⚠.
Reversal Signs: If we reach $53-50K, I'll watch for signs of a full reversal 🔄.
Trend Change:
A short-term trend change requires an update of the last downward high at $63.7K 🔝.
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Why Buy IO Now?🤔
- Current market conditions present a buying opportunity at the bottom.
- Incremental investments are recommended.
- Indicators suggest prices won't drop much further.
IO Coin Initial Offering (TGE) on Binance Launchpool 🚀
Completed on June 11, marking a significant milestone for (link unavailable)
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(link unavailable) Ecosystem🌟
- Extensive network of over 200,000 verified GPUs, including enterprise-grade AI cards.
- Positions (link unavailable) as a key player in addressing the global GPU shortage.
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