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Rezaulkhan Patuakhali
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Emergency #BTC Update ‼️ An oversight on my part regarding the recent $BTC rally from $43K to $48K. The double doji's closure over the 50SMA was a clear indicator I overlooked. For the Bulls Momentum with the SMI still has room to rise, a key indicator for potential upward movement in $BTC. No violation of weekly moving averages even during the low $40K's, indicating resilience. Definitively bullish candle close, showcasing strength in the recent move. RSI crossed the RSI MA, although bearish divergence remains, caution is advised until a new weekly print. For the Bears $BTC failed to close over the .618, currently testing it. The weekly ETF wick at $49.1-$49.2K continues to act as a ceiling. Bearish divergence in RSI needs elimination for a clearer outlook. Bottom Line While my recent forecast missed the mark, my overarching thesis holds strong. "The Wall," represented by the .618 - .786 Fibonacci retrace levels from Bitcoin's prior peak, remains a significant barrier for new ATHs. This stance, though not popular, has been my consistent view for months. Liquidity concerns in March, with the removal of the Reverse Repo & BTFP, add complexity. While bullish sentiment may reign momentarily, my macro view of $BTC remains steadfast. Emotions aside, we navigate the charts with discipline.
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A very important thing is currently the market is very up 🤗 as far as I understand. The market will go down any time. Refrain from saying by at this moment 😔 #BTC #TIA/USDT.... #ORDI/USDT #SOLUSDT!
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News💲💵People who work with Cryptocurrency. 2024 Halving Bitcoin. That is, if the ETF is approved, it will reach the target of 150,000 USDT or more in 2024. FTF is the world's largest investment fund. Bay new 🔥😋😋👇 #BNB #BTC #SOL #TIA #ORID #MATICK
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Big News 🤗 Bitcoin (BTC) ETF Approval Inevitable" says Former SEC Boss Holding the coin #Btc #Sol #ORDI #Matick #TIA😊
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Deer Community is currently very down on solna coin. So now is the best time to hold coins. So no more delay.🤗💲 #Solna #Sol
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