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bearstime
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Rdx Qasim
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Bearish
Bitcoin's current price is hovering precariously around the $65,000 mark, which serves as immediate support. A breach of this level could potentially lead to a decline towards the 200-day EMA, currently positioned at $63,934, as demand-side liquidity gets absorbed along the way. The key support zone for Bitcoin between $62,800 and $64,815, encompassing the 50-day EMA. This support level proved resilient back in March and preceded a notable 14% price surge to $72,777 by April 8th. According to IntoTheBlock’s IOMAP chart, this price range has witnessed significant accumulation, with over 475,800 BTC acquired by more than $1.42 million addresses. Given the substantial support provided by this zone in contrast to the resistance faced during Bitcoin's recovery, it could serve as a temporary buffer against further downside pressure in the near term. $BTC $ETH $BNB #Bitcoin #BTC #bearstime #BullRunAhead
Bitcoin's current price is hovering precariously around the $65,000 mark, which serves as immediate support. A breach of this level could potentially lead to a decline towards the 200-day EMA, currently positioned at $63,934, as demand-side liquidity gets absorbed along the way.
The key support zone for Bitcoin between $62,800 and $64,815, encompassing the 50-day EMA. This support level proved resilient back in March and preceded a notable 14% price surge to $72,777 by April 8th. According to IntoTheBlock’s IOMAP chart, this price range has witnessed significant accumulation, with over 475,800 BTC acquired by more than $1.42 million addresses.
Given the substantial support provided by this zone in contrast to the resistance faced during Bitcoin's recovery, it could serve as a temporary buffer against further downside pressure in the near term.
$BTC $ETH $BNB
#Bitcoin #BTC #bearstime #BullRunAhead
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Earn with Nabeel
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Bullish
Buy $BTC and $ETH at the current price.

BTC: $58,178
Eth: $2670

🚨 Remember🚨
You should have an extra portfolio for DCA. If $BTC drops to $49,888, you should have extra money for DCA.

#Write2Earn! #July_NonFarmPayrolls_Shock #eth



{future}(BTCUSDT) $BTC will see rebound to 59600 then fall again to low 58k and test support levels. If failed, then we may see a major slide of 3K points atleast! Bearish still #bearstime What do you think? Follow me please 😊
$BTC will see rebound to 59600 then fall again to low 58k and test support levels. If failed, then we may see a major slide of 3K points atleast!

Bearish still #bearstime
What do you think?
Follow me please 😊
Everything will pump soon. $BTC $ETH and other altcoins will pump hard. Lets endure the #bearstime for the time being.
Everything will pump soon. $BTC $ETH and other altcoins will pump hard. Lets endure the #bearstime for the time being.
$BTC #Alert🔴 🚨‼️🔴 Bitcoin is gearing up to test the stronghold of the heavy support zone #BTC #bitcoin Bitcoin has recently broken below the critical support zone located between $65,080 and $65,860 on the 15-minute chart. This breach suggests a bearish sentiment, signaling potential further downside movement for Bitcoin in the near term. Looking ahead, my analysis indicates that Bitcoin could continue its decline, targeting at least the previous low of $65,000. There's also a likelihood of Bitcoin testing and possibly breaking through the heavy support range positioned between $65,000 and $64,240. This zone will be crucial to monitor as it represents a significant level of potential buying interest. It's essential to underscore the importance of sound capital management principles and avoiding the pitfalls of greed in trading decisions. These principles are fundamental to sustaining long-term success and mitigating risks effectively. In the context of BTCUSDT (Bitcoin), it's prudent to consider placing stop-loss orders for each position opened to manage risk effectively. Each trader should adhere to their individual trading strategy, as this analysis reflects a perspective and not definitive financial advice.#Bitcoin❗ #bearstime Your thoughts and insights on this market movement are encouraged and appreciated. Let's continue to engage in constructive dialogue to enhance our understanding of Bitcoin's current dynamics.
$BTC #Alert🔴 🚨‼️🔴 Bitcoin is gearing up to test the stronghold of the heavy support zone #BTC

#bitcoin Bitcoin has recently broken below the critical support zone located between $65,080 and $65,860 on the 15-minute chart. This breach suggests a bearish sentiment, signaling potential further downside movement for Bitcoin in the near term.
Looking ahead, my analysis indicates that Bitcoin could continue its decline, targeting at least the previous low of $65,000. There's also a likelihood of Bitcoin testing and possibly breaking through the heavy support range positioned between $65,000 and $64,240. This zone will be crucial to monitor as it represents a significant level of potential buying interest.
It's essential to underscore the importance of sound capital management principles and avoiding the pitfalls of greed in trading decisions. These principles are fundamental to sustaining long-term success and mitigating risks effectively.
In the context of BTCUSDT (Bitcoin), it's prudent to consider placing stop-loss orders for each position opened to manage risk effectively. Each trader should adhere to their individual trading strategy, as this analysis reflects a perspective and not definitive financial advice.#Bitcoin❗ #bearstime
Your thoughts and insights on this market movement are encouraged and appreciated. Let's continue to engage in constructive dialogue to enhance our understanding of Bitcoin's current dynamics.
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Bearish
$WIF Time to short!
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