#Bitcoin forming a possible inverse H&S pattern. #CryptoWa | Kri na Binance Square

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#Bitcoin  forming a possible inverse H&S pattern.
#CryptoWatchMay2024 

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#Bitcoin    has topped out ? 🤔 A consolidation or dip after the Bitcoin halving is very common, as seen in each cycle. Historically, these dips have been a good time to accumulate some Bitcoin. Many people confuse this with distribution or a cycle top and end up selling early or staying on the sidelines for the best part of the rally, which starts a few months after the halving. Let's see what happens if you sell your bitcoins during dips after the halving - In 2012, you'd miss a +12,100% gain In 2016, you'd miss a +4,000% gain In 2020, you'd miss a +700% gain In 2024, if Bitcoin reaches $200k, you might miss a +250% gain. $BTC #BTC

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Exciting developments are on the horizon for #WOWEARN, poised to redefine decentralized finance and the blockchain landscape. This trailblazing ecosystem integrates a multi-chain wallet, robust Layer 1 blockchain, decentralized exchange (DEX), and diverse DApps to prioritize security, scalability, and user-friendliness. At its core, #WOWEARN isn't just a platform but a visionary force driving decentralized technology adoption. Through strategic partnerships and relentless innovation, it aims to set new standards in Web3, positioning itself as a leader in the blockchain community. Central to #WOWEARN’s future is the WOW EARN DEX, engineered with advanced trading features, stringent security, and transparency. This DEX promises a secure, efficient trading environment with a sophisticated interface supporting seamless transactions and market analysis. 2024 will see the introduction of $WOW Coin, a native utility token enriching platform utility and fostering growth, particularly in innovative sectors like GameFi. Looking ahead, #WOWEARN remains dedicated to democratizing access to decentralized tech and empowering its community. As it unveils groundbreaking features, it invites users to explore Web3’s vast potential in decentralized finance. Enthusiasts and investors are encouraged to join #WOWEARN’s journey, anticipating pioneering advancements that reshape decentralized finance and beyond.

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#Bitcoin range low must hold else $50,000 ? BTC is testing the range low for the 5th time since March. Price has been ranging for the past few months in a tight range, and a massive breakout is imminent. Currently, the price is at a critical support zone that must hold. We have already witnessed a fakeout below $60,000 followed by a quick reclaim and a nice run-up till the range high. If the price breaks down below the range low again, we will consider it an actual breakout rather than a fakeout. There is no major support zone before the $50,000 - $52,000 level. So far price is holding the range low nicely and the overall idea remains bullish.🤝 #BTC $BTC

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