if $BTC breaks the 66k resistance, theres nothing stopping i | Sindbad Trader on Binance Square

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Bearish

if $BTC breaks the 66k resistance, theres nothing stopping it from going straight to 70k. There are no sell orders left above 66k.#buythedip 

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Bro future option is haram please don't do that again and try spot trading

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#3.1 PCE data meets expectations, US stocks continue to rise after a pullback, short-term recovery begins, but interest rate cuts are still unlikely. PCE data meets expectations and even alleviates market fears regarding inflation, with personal spending having declined. The market's attitude towards this data is relatively mild; there will be no interest rate cuts this month, but the market may behave differently moving forward, and perhaps rate cuts could come sooner. However, the future outlook isn't particularly bright, and only after rate cuts might we see a resurgence of market frenzy. Currently, the market has begun a rebound; the severe overselling at the beginning of the month indeed has some potency, but short sellers are increasing their positions. The expected limit for this round is around 95000-97000. We will have to wait to see the arrival of the altcoin season, as the market isn't that flush with cash. BTC Daily - 4-Hour Level Market Analysis The major bullish trend issues for Bitcoin are becoming more pronounced; the last fig leaf has been lifted. If the weekly level cannot close above 91000, the upcoming market will be dangerous—very dangerous. Bitcoin has received some relief in the short term due to Nvidia's earnings report, and further relief from PCE data. Yesterday's conjunction of seven stars showed that trading was too intense, indicating that Bitcoin has fully entered an institutional-level market—the market is no longer that playful. Bitcoin faces pressure around 86000-85700; if it breaks through and stabilizes, we look to 87500. There is a high probability that this position will require a pullback; even if not, it will oscillate. However, it is advisable to look for shorts after stabilization, targeting around 82500. ETH Altcoin weekend, look for some altcoins that have not yet risen to pull back. The market is chaotic; be aware of risks. Altcoins are not falling anymore, but Bitcoin is too dangerous.$BTC #BTC

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