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Mastering Crypto
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It's been 151 days since the
$BTC
halving. In the 2020-2021 cycle,
$BTC
traded sideways for 160 days following the halving before experiencing a parabolic rise. Will we see history repeat itself this time?
#Bitcoin
#BinanceTurns7
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ETH is currently in a downtrend, with bearish pressure evident from the moving averages and high sell volume. If ETH can hold above the 2,470.00 support, there may be a chance for a rebound. However, if it breaks below this level, traders may look for further downside targets. Immediate Support: 2,470.00 USDT. A break below this level could open the door for further declines. Immediate Resistance: 2,500.00 USDT. ETH needs to break above this level to regain some bullish momentum and test the next resistance level. Trade Here $ETH
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BTC is experiencing strong volatility and currently faces short-term bearish pressure. A move below $69,390 could indicate further declines, while a breakout above $69,861 could push BTC toward the $71,632 resistance level. Immediate Support: Around $69,390 (recent low). Immediate Resistance: The price faced resistance at $69,861. If BTC breaks below the $69,390 level, it may drop further to test the next support zone near $68,820. Conversely, if BTC surpasses $69,861, it could potentially target the recent high at $71,632. Trade Here $BTC
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