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CryptoConcepta
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#BTCBreaks100K?
#btc
bull run is about to start
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$BTC fall 57.5k what is the next target , write in comment #BTC☀ #BTC500K #ETH_ETFs_Approval_Predictions #btcpizza
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📉 WILL BTC FALL TO $50k DUE TO DOUBLE TOP PATTERN?📉☠ Bitcoin has carved out a double-top pattern, a classic bearish signal, suggesting a potential downward correction. Key upcoming data could impact the Fed's interest rate decisions, influencing market trends. 💥 Volatile Price Action: This month has seen Bitcoin's price surge near $70,000, approaching its all-time high from March, only to retreat to $63,000. This decline contrasts with Nasdaq's upward movement and is attributed to faster miner selling, investor profit-taking, and outflows from U.S.-listed spot ETFs. 📉 Double Top Formation: The double-top pattern, characterized by two peaks with a valley in between, indicates uptrend exhaustion. Breaking below the valley's low point confirms a bearish trend. Markus Thielen from 10x Research noted, "Bitcoin follows a double top formation. This could see a drop to $50,000—if not $45,000." 📊 Potential Bullish Factors: While the U.S. election and CPI might boost Bitcoin later this year, a steeper correction is still possible. The Fed's preferred inflation gauge, the PCE price index, due this Friday, could offer relief by cementing the case for renewed Fed rate cuts from September. 🔍 Economic Data Impact: Recent strong economic data has pushed bond yields higher and precious metals lower, hindering digital hard assets like crypto. Greg Magadini from Amberdata emphasized, "This week, multiple Fed Governors speak, GDP figures, and most importantly, the PCE on Friday could significantly influence the market." 📈 Expected PCE Figures: Economists anticipate no change in the PCE price index and a modest 0.1% increase in the core PCE, translating to 2.6% annual advances in both headline and core figures. The projected core increase, excluding food and energy, would be the smallest since March 2021. Follow @Professor Mende - Founder of BONUZ Project - in Dubai UAE and stay updated on the matter #doubletop #markettrends #bitcoincrash #markettrends #cryptomarket $BTC
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My prediction comes true soon $BTC
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$BTC Ready for 60,000 or 72,000? Are you prepared for the 60,000 or 72,000 mark? If you're ready for the pump, staying in the market is a no-brainer—you wouldn't want to exit when the surge is imminent. However, if you're bracing for a dump, smart investors have already placed their buying orders at lower prices, ready to capitalize on the dip. Whether you're aiming for the highs or strategizing for the lows, make your moves decisively. Are you ready to seize the moment? #BlackRock #ETHETFsApproved #altcoins #BTC
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$BTC 1st scenerion: BTC should stay above 65k and pump from here 2nd scenerio: BTC drops down to 60k and pump from there worst case: It btc breaks and closes below 60k , that would be terrible and it may hit 53k again . My Prediction: BTC should Stay above 65k and pump from here . Always DYOR , Predictions and analysis could be wrong , Money management and risk management should always be followed to trade. #BTCFOMCWatch #BTC #bitcoin
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