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Analysis Breakdown: - The chart suggests that **Bitcoin has recently seen a move upwards** and is currently testing a previous significant resistance zone (around 63,212-63,531). - The dotted and projected lines appear to outline **two potential price paths**: 1. The price could **move up** towards the Daily BPR, hit the 63,212 - 63,531 resistance, and then **reverse down**. 2. After hitting this resistance, the price is expected to possibly **retrace** back down toward the 4H Breaker Block around the **60,000** level. 3. The scenario suggests that after a brief pullback, a sharper **downward move** may happen, bringing Bitcoin prices down to the **53,000 - 52,000 range**, indicating a bearish bias. Projection: - The chart seems to predict that once the price reaches the resistance zone (Daily BPR), there will be a rejection leading to a significant #BTCâ #MarketDownturn $BTC
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BTC $BTC #BTCâ #MarketDownturn
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BTC Dominance chart up bitcoin bearish đ _Inverse correlation_ BTC âŹïž = dominance âŹïž dominance âŹïž = BTC âŹïž If you don't know about this let me know.. (special notices ) I hope to bring you some educational articles in the near future.. stay tuned..â€ïžâșïž Totally free #BTCDOMÄ°NANS #BTCâ #MarketDownturn
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Thanks 1K
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As I mentioned a few days ago, the value of ETH coin has dropped by approximately 7%. Stay tuned for more insightful updates and crucial information like this. #eth $ETH #MarketDownturn
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