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BTC is like a bull breaking out but be careful!CFM GROUP (VN), [28 Feb 2024 at 10:20:47 (28 Feb 2024 at 10:23:13)]: 🚹**#BTCis showing a strong breakout through the previous resistance level of $51,000 - $53,000, with a sharp increase in buying volume of over 76,000 BTC across all current exchanges in just 2 days. đŸ€”-However, currently, according to technical analysis and greed & fear indicators,#BTCprice is facing strong resistance on the W timeframe, ranging from $58,000 - $61,000.

BTC is like a bull breaking out but be careful!

CFM GROUP (VN), [28 Feb 2024 at 10:20:47 (28 Feb 2024 at 10:23:13)]:
🚹**#BTCis showing a strong breakout through the previous resistance level of $51,000 - $53,000, with a sharp increase in buying volume of over 76,000 BTC across all current exchanges in just 2 days.

đŸ€”-However, currently, according to technical analysis and greed & fear indicators,#BTCprice is facing strong resistance on the W timeframe, ranging from $58,000 - $61,000.
Altcoins in 2023 – Nice uptrend, but “when up-only?”Certainly, here is the revised version with the removal of the phrase "đoáșĄn văn": Overview of 2023:2023 is described as a positive year for altcoins, especially in Q4.It is mentioned that 2022 was a challenging year for the cryptocurrency market, but 2023 marked a significant comeback.Rise of Altcoin Narratives:The first half (H1) of 2023 saw the emergence of major narratives in the altcoin market, which had been developing during the preceding bear market.Notably, there was a substantial increase in the "GambleFi" narrative, with Rollbit's RLB leading the way and experiencing a notable 100x increase from the beginning of the year. Altcoin Performance in Q4:Despite a strong rally in Q1, Total 3 (total crypto market cap excluding BTC and ETH) trended downward after the initial surge.The real show for altcoins happened in Q4, with significant moves observed in large-cap altcoins like SOL (presumably Solana).Conditions for "Easy Mode":The article previously outlined two conditions for an "easy mode" in the crypto market: loose monetary policy by central banks (especially the Federal Reserve) and a rising stablecoin market cap.The text suggests that these conditions have been met, with a reversal in the down-only trend of stablecoin market cap during Q4.Stablecoin Market Cap:Stablecoin market cap is highlighted as an important factor, and it is noted that the down-only trend has reversed during Q4, rising from $123 billion to $129 billion. Shift in Narratives: The text mentions a major shift in the market during the year, particularly in Q4, and suggests that Navigating Narratives (presumably the source or author) has adjusted its biases in response to these changes. Overall, the article seems to be discussing the positive performance of altcoins in 2023, with a focus on Q4 and the fulfillment of conditions that could contribute to a favorable market environment. It also hints at a shift in market biases in response to the observed changes. #alcoin

Altcoins in 2023 – Nice uptrend, but “when up-only?”

Certainly, here is the revised version with the removal of the phrase "đoáșĄn văn":
Overview of 2023:2023 is described as a positive year for altcoins, especially in Q4.It is mentioned that 2022 was a challenging year for the cryptocurrency market, but 2023 marked a significant comeback.Rise of Altcoin Narratives:The first half (H1) of 2023 saw the emergence of major narratives in the altcoin market, which had been developing during the preceding bear market.Notably, there was a substantial increase in the "GambleFi" narrative, with Rollbit's RLB leading the way and experiencing a notable 100x increase from the beginning of the year.

Altcoin Performance in Q4:Despite a strong rally in Q1, Total 3 (total crypto market cap excluding BTC and ETH) trended downward after the initial surge.The real show for altcoins happened in Q4, with significant moves observed in large-cap altcoins like SOL (presumably Solana).Conditions for "Easy Mode":The article previously outlined two conditions for an "easy mode" in the crypto market: loose monetary policy by central banks (especially the Federal Reserve) and a rising stablecoin market cap.The text suggests that these conditions have been met, with a reversal in the down-only trend of stablecoin market cap during Q4.Stablecoin Market Cap:Stablecoin market cap is highlighted as an important factor, and it is noted that the down-only trend has reversed during Q4, rising from $123 billion to $129 billion.

Shift in Narratives:
The text mentions a major shift in the market during the year, particularly in Q4, and suggests that Navigating Narratives (presumably the source or author) has adjusted its biases in response to these changes.
Overall, the article seems to be discussing the positive performance of altcoins in 2023, with a focus on Q4 and the fulfillment of conditions that could contribute to a favorable market environment. It also hints at a shift in market biases in response to the observed changes.

#alcoin
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