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ElCamino
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$BTC Price Update Volume still weak on higher timeframes so I tend to believe there are two possible scenarios First BTC might rise to 68500 or 69200 and then drop once again for further accumulation Second BTC to drop now for further accumulation #bitcoin☀️ #Bitcoin❗ #BTC☀ #btcupdates2024

$BTC Price Update

Volume still weak on higher timeframes so I tend to believe there are two possible scenarios

First BTC might rise to 68500 or 69200 and then drop once again for further accumulation

Second BTC to drop now for further accumulation

#bitcoin☀️ #Bitcoin❗ #BTC☀ #btcupdates2024

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ElCamino
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Are you surprised with $BTC rise and drop? I am not ! I posted today 2 important posts First was about the rise to 70 with 2 possible scenarios retest and drop or huge rally ahead and second was about low volume on higher timeframes But before we deep dive in the analysis, why I got signal on 70 , simply because there was a surge in volume cause volume to diverge with price How to know if the surge in volume was buy or sell is tricky question, simply by the pattern follows the drop If market start to accumulate heavily on 66 then price would rise and break 70 and even 74, here my second post comes in place when I posted there is low volume on higher timeframes which means market isn’t ready for the rally yet and I hoped if the market would drop for further accumulation to get more strength, however whales decided to drive the price up without accumulation which made believe they are still distributing and they need to sell as much as they can on 70 level to maximize their profit Unfortunately people don’t like fact and analysis, when I wrote simple post about possible future rally I got 48k views and when I stated important facts people just ignore  Good luck with your trading. #bitcoin☀️ #Bitcoin❗ #BTC☀ #btcupdates2024
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Is $BTC bullish or bearish ? Watch carefully 70200, this is the level will determine whether BTC is bullish or bearish Let me explain how my indicator works if my indicator gives me signal on certain level, it has 2 meanings whether it will be tested and drop once again or it is accumulation level and below that level is a bear trap Now have a look to the 15min chart where I got signal on 67300 which is confirmed as of now, while 4 hours gave me a signal on 70200 which I am waiting for #bitcoin☀️ #Bitcoin❗ #BTC☀ #btcupdates2024
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$BTC Signal As you can see on 15 min chart, BTC started to rise yesterday when volume "red line" crossed above price "blue line" Then at 67200 volume got weaken and drop below price, so price had to drop 2 times to the same price level till volume crossed above the price once again, then price can rise My indicator always works in this way, I am waiting to see the same is happening on higher timeframes #bitcoin☀️ #Bitcoin❗ #BTC☀ #btcupdates2024
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When $XRP will explode ? XRP has the most manipulated accumulation curve I have ever seen in any coin even BTC Whales are just keep accumulating from last year without any significant rise When whales will stop accumulating and drive the price up unless they have a different plan to just keep accumulating more and more at 0.4 & 0.5, then price will rally more than any one could possibly think #Xrp🔥🔥 #XRPGoal #xrpsucess  
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$BTC Update Although I am intraday trader and I don't use 12 hour chart so much, below chart made me optimistic on BTC , since this is the first time since May 1st volume crosses price on 12 hour chart cross happened at 70200, what doesn it mean ? Based on my experience with my indicator there are 2 scenarios whether this is the level to be tested once BTC starts to rise or this is where a bullish order block to be placed and whatever drop below this level is 100% bear trap It will be more clear in the coming few days #bitcoin☀️ #Bitcoin❗ #BTC☀ #btcupdates2024
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