$BTC 🔥 Bitcoin will soar to $1 million, predicts Trump's son Eric The businessman is confident that in the coming years, governments of different countries will switch to Bitcoin, and those who adopt it first will be the winners.$BTC
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The total market value of digital assets fell by 3.25% over the past day, the dominance of the main cryptocurrency rose by 1.3%. Yesterday's decline saw long positions liquidated for $1.58 billion. Such a volume of liquidations increases the chances of a quick local rebound across the entire market.
The entire crypto market collapsed following $BTC In just one hour, traders' positions worth $863 million were liquidated in the market. Over the course of a day, they lost more than $1.3 billion. Source WSJ.
#BTC (4-hour chart). Bitcoin has fallen to the middle of the ascending channel, which temporarily stopped the price decline. The RSI line is testing the important mark of 50, from which a recovery of the indicator value is also possible. At the trading level of $100,500, I expect a renewed increase in selling, which may lead the price to a drop to the POC mark ($97,700). Around this level, the dynamic support level in the form of the exponential moving average EMA 100 4H will also be located, which increases the chances of a reversal of the price movement from this zone.$BTC
$BTC The rise of BTC is linked to expectations of inflows through ETFs and a softening of the Fed's policy. The breakthrough of $100K occurred, but the market may correct.$BTC
$BTC The future belongs to Bitcoin! 🌍 With growing acceptance and institutional investments, BTC strengthens its position as digital gold. 🚀 #BTC #Krypto
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