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MihaiDaniel
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One image for crypto market , again and again
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MihaiDaniel
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The correction is not ready yet, a key area for recovery is $96,500 for bitcoin, on the 4-hour chart, resistance starts from there, if bitcoin is rejected in that area, I think we will go below $91,000, I'm not bearish, just pragmatic, I'm waiting chart to confirm what follows. The market is quite fearful at the moment, it's natural.
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Us aproved the sell of over 60.000 bitcoin from Silk Road operation, this can drop the price a bit below 90.000$ in the next days ! It is not bear market if this plays out, just a normal market reaction !
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This correction will generate discount opportunities for the entire crypto market, for Bitcoin I see the area of interest at $92,000, for Ethereum between $3200 and $3000, BNB $630 ideal but $640-$650 is an ok area! If you want Sol, Dot , Sui , Sei , XRP I want to see 🩷🍀
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Bitcoin is going through a correction, it's not the end of the bull market, it's not the time to panic, macro in that there is still upside potential for at least 2 or 3 months in 2025. Corrections are normal even in a bull market
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If Bitcoin don’t break below 94k in the next 10 Days I would say that 90% changes we touch 108.000$ again this month
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