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#FinancialTransparency simple strategy.! At the current trading price of around $69,400, with a 2% decline in the past 24 hours, formulating a simple strategy for buying and selling Bitcoin can prove to be valuable. Firstly, conducting thorough research is essential. Understand Bitcoin fundamentals, its price history, and market trends. Determine your investment goals and risk tolerance. Decide on the amount you're willing to invest and establish whether you aim for short-term gains or a long-term investment approach. Select a reputable cryptocurrency exchange for secure transactions. Consider setting specific entry and exit points based on technical analysis, like support and resistance levels. Additionally, employing stop-loss orders can mitigate potential losses. It is crucial to remain disciplined and avoid making emotional decisions in response to market fluctuations. Lastly, diversify your investment portfolio to hedge against Bitcoin's volatility. However, keep in mind that the cryptocurrency market is highly volatile and subject to risks. Prioritize conducting personal research and making informed decisions based on your unique circumstances.#HonestyPays #HonestyMatters $BTC
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#Bitcoin Market Analysis$BTC March 30, 2024 âââââ TECHNICAL (4H) BTC is currently maintaining its position above both the bullish flag pattern and the crucial horizontal support level, which serves as a key determinant for the continuation of the bullish trend. The only potential bearish scenario to consider is a breakdown below this support level, followed by a successful retest, which could indicate a shift in momentum. BTC remains above the bullish flag and crucial horizontal support, key for bullish momentum. Bearish scenario: breakdown with successful retest of support. $BTC DAILY RANGE: đUpper Limit: 71000 đLower Limit: 69000 (+-9% based on moving average volatility open/endpoints)#BullishOutlookđ #FinancialThoughts
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đ Bitcoin Analysis:đ M Pattern and Supply Dynamics đ Technical Analysis: The 4-hour chart indicates an M pattern, with a weak neckline around $68.5k. đ„If BTC bounces from this level and closes above $71,382, consider a long position with a stop loss at $69,857. The consecutive take profit target could be around $80,000. Supply Dynamics: đ„BTC has repeatedly checked supply levels around $59-60k. It currently awaits exhaustion of supply within the $68k-70k range.You can check the chart of mine that I have depicted with horizontal box with respect to volume. đKeep a contingency plan in mind, as markets can surprise us. Always leave a back door open. Alternate Scenario: đIf BTC drops to check liquidity at $59-60k, consider taking an entry there with a 5% stop loss. Remember, the crypto market is dynamic, and unexpected events can occur. Stay informed and adapt your strategy accordingly! #BitcoinTrends" #Fingerscrossed $BTC
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$BTC Bitcoin upward trajectory seems to be diminished since few days. it seems #BTC will fail to hold it's price and fall back to next resistance level somewhere around $66000. if it happens then $ETH $SOL #SHIB etc will fall more than BTC. stay vigilant and do proper research before investment. comment your opinion please. note: it's not financial advice it's just market analysis .#BinanceAdvice #BTCMovement: #BitcoinPioneer $BTC
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BTC UPDATE: Recently BTC made a Bull flag which is bullish continuetion pattern and BTC touched 71.6k after the breakout of the pattern. As of now BTC currently retesting the pattern for the massive upward move the targets will be 71k, 72k, 73k, and 74k for the next week or can happen from now. NOTE: Market sentiments are opposite about BTC , everyone talking about BTC to drop around 50k But as of my analysis there is no such signs for now to see a dump in BTC but if in case BTC fell below 68k with candle closing then we can see a significant dump otherwise I'm looking for a pump. DO YOUR OWN RESEARCH BEFORE INVESTING đđ» I will update you if I see any movement thank you guys đđ»#BTCMovement: #BinanceAdvice $BTC $SOL $ETH
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