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Bull Run for BTC #TrendingTopic #CryptoConfusion
Bull Run for BTC
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BNB/USDT Analysis: Seeking Insights Hey Binance community, I'm analyzing the BNB/USDT chart and noticed a key resistance at $721.8, with the price currently around $671.4. The EMAs are indicating potential bearish momentum: EMA(7) at $677.5, EMA(25) at $680.6, and EMA(99) at $644.6. Given the volume spike on June 6 and the subsequent decline, what are your thoughts on the next move? Will $BNB break below the $671.4 support, or could it bounce back towards $721.8? Looking forward to hearing your insights and strategies!#Binance200M #BnbAth #TopCoinsJune2024 #BNBAnalysis
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BTC/USDT Technical Analysis $BTC /USDT is showing a notable resistance at $71,997, having retraced from this high to a support level around $68,420. The 4-hour chart highlights EMA(7) at $69,544.64 and EMA(25) at $69,793.78, with current price stabilizing at $69,641.10. The significant volume spike on June 6 indicates strong selling pressure, but the subsequent price consolidation suggests a potential accumulation phase. A breakout above $71,997 could signal a bullish continuation, while a drop below $68,420 may indicate further downside. Traders should watch these key levels for future price action cues.#Binance200M #BnbAth #TopCoinsJune2024
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#Binance200M #BnbAth #TopCoinsJune2024 $BTC Based on the 4-hour chart for the given asset, it appears to be in a consolidation phase after a significant drop from a high of 71,997.02. Current support is around 68,977.12, with resistance at 69,882.44 (EMA25). The volume has decreased, indicating a potential pause in selling pressure. If the price holds above the support level and breaks above the EMA25 resistance, it may signal a bullish reversal. Traders should watch for volume spikes as confirmation of a breakout. Further downside risk exists if support fails, with the next major support at 67,577.65.
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🎉 We just hit 1,000 followers on Binance! 🎉 A massive thank you to everyone for your support. Your engagement and feedback keep us going. We're excited to continue bringing you the latest market insights, trading tips, and updates. Stay tuned for more exciting content and opportunities. Here's to more growth and success together! #Binance #Binance200M #ThankYou #1KFollowers #Community
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🎉 We just hit 1,000 followers on Binance! 🎉 A huge thank you to each and every one of you for your support. We're excited to keep sharing valuable market insights and trading tips. Stay tuned for more updates and opportunities! Happy trading! 🚀 #Binance #Write2Earn! #ThankYou #1KFollowers
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