#bitcoin☀️ is currently consolidating above its support lev | CRYPTO PALACE na Binance Square

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#bitcoin☀️  is currently consolidating above its support level, indicating potential sideways movement. Let's keep an eye on the price action over the next 2-3 days
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#Bitcoin Analysis today #BTC has broken below the support zone and is currently trading beneath it. Should the price fail to recover this support, we might see the downtrend extend towards the next support range at $56,000-$57,000. Ensure tight stop losses on all open trades. Resistance Zone: $60,000-$60,500. $BTC

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📈 Crypto Highlights from the Past 12 Hours: - Bitcoin ($BTC) maintains a position above $46,000, edging towards $47,000. - Ethereum ($ETH) sees positive momentum influenced by Ark ETF, sustaining above $2,400 and nearing $2,500. - Fidelity and Blackrock Bitcoin ETFs outperforming any ETF in the past 30 years. - SEC faces criticism from Republican Senators regarding its handling of the Debt Box case. - Over 50% of institutional traders, according to JPMorgan, have no plans to engage in cryptocurrency trading. - Binance issues a report on Bitcoin ordinals. - Solana initiates the first snapshot and reveals details about Solana Saga Phone 2.0 rewards. - SEC provides additional information on the X/Twitter account hack; responsible party remains undisclosed. - Worldcoin's orbs to play a role in verifying eSports players.

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The price of $SOL is presently shaping a symmetrical triangle, poised for a potential breakout. The direction of this breakout will dictate the subsequent market movement. It is recommended to await the breakout before considering new positions. Support is sustained within the $85-$87 range, while the resistance levels post-breakout are identified at $114-$116. #Solana-SOL #TradeNTell

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#Bitcoin has consistently faced rejection within the resistance zone, struggling to sustain a position above it. Currently, #BTC is trading laterally with a diminishing trading volume. A decisive breakout, either upward or downward, from this trading range is imminent. It is strongly advised to be prepared for a significant movement and to implement stop-loss measures in all trades. #TradeNTell

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