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Bottom Divergence
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Ethereum 15-minute bottom divergence, looking for a rebound
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Harshjerum1995
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Why is crypto and Bitcoin price down today? The crypto market experienced a significant sell-off today, with Bitcoin (BTC) dropping notably below $94,000. Along with BTC, major altcoin prices are also declining, and the total cryptocurrency market capitalization has fallen to $3.3T, marking the lowest level in almost a month. This sell-off stems from last week's Federal Reserve's (Fed’s) monetary policy announcement, with Bitcoin falling below $100,000. Market participants witnessed a sharp decline across cryptocurrencies, triggering substantial liquidations and affecting the total market capitalization. Let’s check together why crypto is down today and what the technical price predictions for Bitcoin, Ethereum, Ripple, and XRP are. $BTC #MarketRebound
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BIO Launchpool Details: Token Name: BIO Protocol (BIO) Max Token Supply: 3,320,000,000 BIO (dynamic, may increase via network governance) Total Genesis Token Supply: 3,320,000,000 BIO Launchpool Token Rewards: 99,600,000 BIO (3% of total genesis token supply) Initial Circulating Supply When Listed on Binance Spot: 1,296,529,168 BIO (39.05% of total genesis token supply) Research Report: BIO Protocol (BIO) (will be available within 12 hours of publishing this announcement) Token Contract/ Network Details: Ethereum (0xcb1592591996765Ec0eFc1f92599A19767ee5ffA) Launchpool Terms will apply. Users are required to complete KYC to Binance’s satisfaction. Hourly Hard Cap per User: 35,275 BIO in BNB pool 6,225 BIO in FDUSD pool Supported Pools: Lock BNB (webpage will be available in around 12 hours): 84,660,000 BIO in rewards (85%) Lock FDUSD (webpage will be available in around 12 hours): 14,940,000 BIO in rewards (15%) Farming Period: 2024-12-24 00:00 (UTC) to 2025-01-02 23:59 (UTC). #ChristmasMarketAnalysis #BinanceLaunchpoolBIO $BTC
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Bitcoin Futures: Current Trading Range and Key Levels Bitcoin futures are currently confined within a well-defined range of $92,000 to $98,000. This range is critical because it's framed by key levels that have historically influenced price action. These levels act as potential turning points, where buying or selling pressure can lead to reversals or breakouts. #ChristmasMarketAnalysis $BTC
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Bitcoin Futures Trading Strategies: Range Trading: Capitalize on price fluctuations within the $92,000 to $98,000 range. Buy near support and sell near resistance. Breakout Trading: Upside Breakout: A convincing break above $98,020 could signal a move towards $102,000 or higher. Downside Breakout: A break below $92,450 could lead to declines towards $91,720 and $90,170. Technical Analysis Tips for Bitcoin Futures: Patience is Key: Don't chase price movements. Wait for Bitcoin to reach key levels and observe market reaction before entering trades. Volume Confirmation: Look for increased volume to confirm breakouts or reversals. Risk Management: Always use stop-loss orders to limit potential losses. The Holiday Season and Bitcoin: Historically, Bitcoin has shown mixed behavior during the holiday season. While some years have seen a "Santa rally" with increased buying activity, others have experienced declines. With Christmas Eve tomorrow, it's worth considering the potential impact of holiday trading on Bitcoin's price. Reduced trading volume and increased volatility are possible, so traders should exercise caution and be prepared for unexpected price swings. By understanding these key levels, employing sound technical analysis principles, and considering the potential impact of the holiday season, Bitcoin futures traders can gain a significant edge in this volatile market. Remember to manage your risk and trade responsibly.. Always trade bitcoin at your own risk only. #ChristmasMarketAnalysis $BTC
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What is the next prediction of BTC? Daily Bitcoin (BTC) Price Prediction For Next 30 Days Dec 20, 2024 - $ 97,504.42 Dec 21, 2024 - $ 97,517.45 Dec 27, 2024 - $ 97,595.69 Jan 19, 2025 - $ 97,896.21 𝙒𝙝𝙮 𝙛𝙖𝙡𝙡𝙞𝙣𝙜 𝙗𝙩𝙘. Bitcoin is down 5.9% in the last 24 hours to $95,237, according to CoinDesk data. The price of the digital token was hurt by the Federal Reserve's Wednesday comments indicating fewer interest-rate cuts in 2025, which have dampened the mood for the equity market as well. #BTCOutlook $BTC
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