Bitcoin Set for a Downward Spiral? Analysts Predict a Dip to | Vishnueth on Binance Square

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Bitcoin Set for a Downward Spiral? Analysts Predict a Dip to $92,950 – Is It Time to Short Sell?$BTC 
#CPIUpdateOctober #WeAreAllSatoshi #btcdip #btcupdates2024 #Bitcoin❗ 
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#2024WithBinance Bitcoin's price is predicted to stay volatile in the short term, with some analysts suggesting it might break through the $100,000 mark in December 2024 if bullish momentum persists. Current key support levels are around $92,000 to $95,000, while resistance is anticipated near $99,000 to $105,000. Factors contributing to this possible surge include increasing institutional interest, the potential approval of Bitcoin spot ETFs, and a favorable macroeconomic environment. However, significant risks remain due to the market's inherent volatility, so careful consideration is advised if you're planning to invest. $BTC #WeAreAllSatoshi #Bitcoin❗

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#ETHOnTheRise Ethereum's price has the potential to rise due to its strong position in the crypto ecosystem. Factors like the Ethereum 2.0 upgrade, growing DeFi and NFT adoption, and increasing institutional interest support its growth. Market sentiment and broader adoption of blockchain technology will also play a crucial role in its trajectory. $ETH #Etherium

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Price Update SCRT is showing strong bullish momentum, trading around $0.77 with long green candles and high volumes indicating aggressive buying. Previous targets have been met, and the trend remains strong. Bulls are in control, making SCRT a promising buy for further gains. Don’t miss this opportunity! $scrt #Binance $SCRT

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Ether/USD Intraday Analysis: The Upside Remains as Long as 3643 Holds as Support

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$BTC The market eyes a rebound toward 99,590, with resistance at 98,570, 99,590, and 100,610. Key support lies at 95,120, 93,400, and 92,380. Mixed signals persist, with RSI below 50 and positive MACD. A drop below 95,120 could trigger declines toward lower supports. #BTC☀️ #Bitcoin❗

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