WARNING ------- ALT SEASON IS STARTING #altsesaon #Altcoi | Ishit on Binance Square

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WARNING ------- ALT SEASON IS STARTING 

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ETH Breakout: Time to Go Long!** #Breakout #BinanceTurns7 #EtheruemETF #Bullish2025 #ETH Ethereum (ETH) has broken out of a falling wedge pattern on the 12-hour timeframe, signaling a potential bullish move. 🚀 This breakout suggests it’s an ideal time to consider going long on ETH. Traders should monitor the momentum as this breakout could lead to significant gains. Stay alert for further price action!

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Ethereum (ETH) Rejection and Triangle Formation: What's Next?** #Binance #Etherium #ETH #MarketForecast #BinanceTurns7 Ethereum (ETH) faced another rejection from its small resistance zone, pressuring the price into a corner within a bullish trend. Analysts are watching for a break below the lower Bollinger Bands line, which could signal a short setup and break the trend line. Without this break, another resistance test could lead ETH to move towards the 200 EMA. Traders should monitor this closely as it may define the next price move for Ethereum.

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Bitcoin Bull Market on the Horizon? Key Signals to Watch** #bullrun2024📈📈 #Bitcoin❗ #BTC #BinanceSquareFamily #BTC☀ Bitcoin and Ethereum mining wallets show a declining supply since early 2024, signaling a potential rebound. Analysts suggest that a recovery in wallet holdings could indicate an upcoming bull market for both assets. On Friday, Bitcoin and Ethereum were hovering near key support levels, and Bitcoin recently hit the 60K mark. Analysts now predict a sprint to 70K. Upcoming events, including US retail sales data and the Federal Reserve’s September interest rate decision, may influence further price movements. Stay tuned for more updates!

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Bitcoin: Will the Negative Correlation with DXY Spark a Rally? #Bitcoin❗ #Binance #BinanceTurns7 #BitcoinHistory #BinanceSquareFamily Bitcoin's negative correlation with the U.S. Dollar Index (DXY) has played a significant role in its price movements. In late 2023 to early 2024, Bitcoin soared during a DXY rejection, rallying between $50K and $70K, fueled by Bitcoin ETFs. However, Bitcoin's future depends on stock market trends and the DXY’s position relative to its 1W MA200. A DXY rebound could trigger a Bitcoin decline, while a break below the 1W MA200 might lead to a larger BTC rally. Stock market performance remains crucial to Bitcoin's next move.

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