🌟 Bitcoin Falls to $57,000 Amidst Decreasing Demand: When C | The Buzzing Bee on Binance Square

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🌟 Bitcoin Falls to $57,000 Amidst Decreasing Demand: When Can Price Reverse?
Amidst a sharp drop in demand, Bitcoin price falls to ,000, with significant selling pressure from crypto whales and permanent holders hinting at further declines.

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BTC

68,344.99

+0.43%

711

0

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🤔 Donald Trump's chances of winning are questionable... ▫️A conspiracy theory about forecast market manipulation is spreading on social networks. ▫️The gist: 5 whales have united together and are betting millions of $$$ on Donald Trump's victory on Polymarket, significantly influencing the percentage of US presidential candidates. ▫️Only Fredi9999 has bet more than $20,000,000 + most likely, he controls 4 more whales. ▫️The probability of D. Trump's victory increased significantly after their bets. $BTC

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XLMUSDT ANALYSIS 🔥🔥 1-Day Chart: XLM is currently trading near $0.10, holding above the SMA 50, which indicates continued upward momentum. The RSI is at 56.93, suggesting moderate bullish strength but not yet overbought. The MACD remains positive with a slight upward trend, pointing to sustained bullish pressure. ❌ Resistance is around $0.105, while support is seen near $0.09. A clear break above $0.105 could lead to more upside, while a rejection might result in a pullback to $0.09. 4-Hour Chart: XLM is showing signs of recovery, trading above both SMA 50 and SMA 200, reinforcing a bullish bias. The RSI is at 64.78, nearing overbought levels, which suggests caution. The MACD remains bullish, but there is slight consolidation. Volume has also decreased, indicating potential indecision. If the price can break and sustain above $0.096, it could head towards $0.10. However, increased selling pressure could bring it back to the $0.092 support zone. 1-Hour Chart: XLM is consolidating around $0.094-$0.095 after a recent upward movement. ❌ The MACD shows signs of a bearish crossover, indicating weakening momentum. The RSI is at 58.34, reflecting slightly bullish sentiment. SMA 50 has been acting as support, and a breakdown below could lead to a test of the SMA 200 near $0.092. Immediate resistance remains around $0.096, with consolidation continuing. 15-Minute Chart: XLM is trading within a narrow range between $0.095 and $0.096 . The RSI is at 57.66, indicating neutrality. The MACD is slightly positive but lacks momentum, suggesting indecision in the short term. Immediate resistance remains at $0.096, and a breakout above this level could lead to further gains. However, support at $0.0945 might be tested if selling pressure increases. Global Perspective: Short Term : XLM is consolidating, with potential resistance at $0.096. The 15-minute and 1-hour charts show some indecision, with the possibility of short-term pullbacks. Mid-Term: The 4-hour chart suggests a bullish bias but with caution as RSI nears overbought. $XLM

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SUIUSDT TA 🔥 A fake breakout above the March resistance zone suggests a potential pullback Given the rapid rise without significant corrections, a 20-30% retracement seems likely Short-term pullback expected from the swap zone, with a target support level at $1.80$SUI

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ZENUSDT Ta 🔥 Horizen is testing a crucial support block on the weekly timeframe Consider gradual purchases at current levels, with potential targets at $22.57, and $52.92 if support holds $ZEN

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