🔥🔥 Important Update for $BTC   in April 📉

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🥇 Prepare for a bearish trend this April! Despite seven months of consistent growth 📈, the imminent Halving event may trigger a significant downturn or profit-taking phase.
👉🏻 There's a strong indication that the market has reached its peak, potentially dropping back to the $50,000 range this month 📉
👉🏻 With the $60,000 barrier breached, support is scarce until the $50,000 level.
👉🏻 Our BTC short position remains active from $72.8k.
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🔥🔥 Important Update for $BTC   in April 📉

CLAIM FREE PEPE COIN REWARD FROM PINNED POSTS💰💰...

🥇 Prepare for a bearish trend this April! Despite seven months of consistent growth 📈, the imminent Halving event may trigger a significant downturn or profit-taking phase.
👉🏻 There's a strong indication that the market has reached its peak, potentially dropping back to the $50,000 range this month 📉
👉🏻 With the $60,000 barrier breached, support is scarce until the $50,000 level.
👉🏻 Our BTC short position remains active from $72.8k.
#BTC   #AprilHalving2024   #BearishOutlook

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$FET Coin's Market Analysis: A Technical Perspective

Attention, crypto traders! FET (Fetch.ai) has experienced a notable price movement, currently trading at $1.487 with an 11.06% dip. Here's what you need to know:

Market Overview:
- Current Price: $1.487
- 24h High/Low: Reached a high of $1.678 and a low of $1.475
- Volume: Trading volume stands at 65.50M FET and 102.84M USDT

Technical Analysis:
- Moving Averages: Indicate a bearish trend with MA(7) at 1.487 below MA(25) at 1.522 and MA(99) at 1.573
- Candlestick Pattern: Red candles suggest a recent downtrend

Trend Insights:
- FET is showing signs of consolidation, with a critical resistance point that's been challenging to overcome
- The coin is retesting the mid-range level, a pivotal point for bullish momentum

Market Sentiment:
- Mixed feelings in the market, with a bearish outlook from technical indicators
- Analysts are watching for a potential trend reversal or continuation of the downtrend

Stay updated on FET's market movements as it seeks to regain its footing. Will it break through resistance or continue to face downward pressure? Follow for the latest insights!

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POND: Waiting for a Breakout or More Downside?

$POND has been hovering around the $0.012 mark, with a lack of strong momentum in either direction. The 7-day and 25-day moving averages are signaling sideways movement, but the longer-term 99-day MA hovering above at $0.016 suggests a bearish trend could still be in play.
If POND fails to reclaim ground above $0.014, we might see more downside pressure 📉.

However, a volume spike could ignite some life into this chart. Until then, cautious trading is advised for short-term plays. Watch those levels closely 👀!

Subscribe and share for more updates! 📲

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G is losing steam! 😨 Will it recover or drop further?

It looks like $G had a nice little rally recently, but now the momentum is fading. After reaching a high of $0.03690, we’re seeing some clear selling pressure coming in, pushing the price down to $0.03629. The 7-day moving average is still above the 25-day, which is a good sign, but the drop in volume and this sudden correction suggests we might be in for more volatility ahead. 📉


If the price doesn't hold around the $0.0360 support level, we could see it testing the $0.0350 region or lower. 📉 On the other hand, if buyers come back and volume picks up, there’s potential for another attempt to push higher. But right now, the market is feeling cautious, and this pullback doesn’t look like it’s done just yet.

Keep an eye on this one – if you’re already in, it might be time to tighten your stop losses! Otherwise, let’s wait for clearer direction. 😅

Don’t forget to hit the like button, share your thoughts, and subscribe for more updates! 🚀

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Many people believe the September rate cut is a certainty and expect the market to rebound to $66,000, $70,000, or even higher. However, the current reality might be quite different, as we are in a bearish period. This view, discussed two weeks ago, overlooks market liquidity. With the Fed’s meeting set for September 17, there’s still over a month before then. Prices are unlikely to continue rising during this time. Instead, institutions are expected to start driving prices up only two weeks before the Fed meeting to align with speculative expectations.

Thus, August is likely to be a period of correction. After hitting a low, the market might begin to rise. This scenario is like promising candy on September 17, where you have to wait a month to get it. The anticipation builds as the date approaches, and the closer it gets, the more eager you become. However, the market won’t hype up this “candy” too early. The hype typically starts only 1-2 weeks before the key date to have the most impact. After getting the “candy,” excitement fades, and the market might adjust downward.

Examining the K-line chart, we assess the trend through the monthly line. Since March, the monthly lines have alternated between bullish and bearish. July closed bullish, so August is expected to close bearish. Peaks and lows have been trending down, indicating a continued bearish trend.

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