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BTC Dominance Rejection: A Signal for Alt Season? Bitcoin currently dominates about 60% of the crypto market. If BTCâs market share declines from this level, it could trigger "alt season," where capital shifts into altcoins, potentially leading to major price increases across the sector. Historically, BTC dominance falling below 50-55% has signaled strong rallies in altc#oins. In short, a BTC dominance rejection at 60% may be the cue for investors to watch for an alt season surge. #BTCâ #altsesaon
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Avoid Panic in Crypto: Stick to Spot and Accumulate. In crypto, market drops often come with fear-driven narratives, pushing investors to panicâbenefiting those who buy low. To succeed, avoid reactive trading in futures, where leverage amplifies losses. Instead, focus on spot trading to directly own assets, steadily accumulate, and minimize volatility impacts. Patience and accumulation are your keys to long-term gains, helping you stay resilient against market hype and fear.
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Bitcoin is at a critical level, trading around $67,086.82 USDT. Key Levels: Resistance: $68,424 USDT â A breakout could push BTC toward $70,000. Support: $66,405 USDT â A breakdown below this may lead to $64,000 or lower. Bearish Scenario: Failure to break $68,424 could trigger a pullback to $66,405, potentially dropping to $64,000 USDT. Bullish Scenario: A clean break above $68,424 may set the stage for a rally to $70,000 USDT. #MemeCoinTrending #TeslaTransferBTC #BNBRisesTo600 #USStockEarningsSeason #BTCâ
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BTC will be at its ATH soon. #BTCâ #BTCUptober #btcupdates2024
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Don't open trade unless BTC dominates. Mostly Longs are being liquidated.Don't go for future trading unless BTC stabilized and BTC dominance decreased.BTC dominance is at 57.6% higher than previous 3.5 years.#BTCUptober #BTCâ #BnbAth
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