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🪙 LOCAL SATURDAY BTC UPDATE
There were two fake breakdowns of the $66,100 support level, both were bought back quite fast, this is the signal of bulls' strength.
MM is doing his best to shake-off weak hands before the next move upwards, yesterday FUD with WSJ is another evidence.
I might be wrong, but I can't see any reason why we shouldn't pump at least to $69,000 from there (in local terms).
📈WELCOME THE ENERGY OF A NEW DAY!
Good morning, traders! I hope you are fully charged with energy because today marks the beginning of a new trading day!☀️
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@Alex_Friedman_CEO
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😐 Some analysts predict a BTC smash:
😐 Based on the fact that the BTC market is already overheated against the backdrop of the upcoming US presidential elections!
📉 Allegedly, 98% of all wallets are now in a state of unrealized profit. Historically, a sharp increase in this metric often precedes massive sell-offs.
📊 They are also scared by the fact that the BTC price has not been able to pass the upper limit of consolidation, despite powerful infusions into the BTC-ETF. Therefore, experts fear that a strong correction may begin soon.
Do we believe in a correction before the elections?🤨Читать полностью…
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VIP 👉 @Alex_Friedman_CEO
👀 Crypto Market Review.
〽️ The work week is coming to an end, it is important to watch how it closes. BTC almost returned to $69k overnight, but ran out of fuel and began to decline. ETH is currently around $2,500 and continues to look worse against BTC.
📊 Indicators:
😨 Fear and Greed Index — 72
💲 Alt Season Index — 35
📈 Long/Short Ratio — 48/52
💰 Crypto Market Capitalization — $2.260 trillion.
👑 Bitcoin Dominance — 59.17%
🚀 Bitwise CEO Says Trump's Election Victory Could Push BTC to $92k. Standard Chartered Predicts BTC to Pump to $125k.
💵 Yesterday, the net inflow into the BTC ETF was +$188 million. The net inflow into the ETH ETF was +$2.3 million.
🐙 Kraken plans to launch its own blockchain early next year.
🖥 At the upcoming Microsoft shareholders meeting, one of the agenda items will be investing in BTC.
🪙 Ripple filed documents challenging the SEC decision.
🇺🇸The Pennsylvania House of Representatives passed a bill protecting the rights of residents to independently sto...
Guys, sometimes, waking up in the morning, getting myself to the PC and other daily routine, I can’t comprehend how our community grew like this 🧐
I simply did things I knew how to do, somehow mastered them and the started sharing my skills with other people…
Now we have grown so big and we don’t seem to stop here. I wanted to express my midterm gratitude and love towards you on this never ending journey to the dream life we’re all taking here 🫡
Without you, this journey would be much more boring, empty, senseless. Your support gives me power for new discoveries — just keep that in mind 😉
And, of course, you don’t remain without my support as well — any thought, any piece of advice you want to get — you’ll receive it 💪
We’re the most powerful team on this market, I believe so! Hugged everyone <emoji id="537...
What a pleasure to receive your feedback every day!
Knowing that our strategy is changing lives around the world is a real motivator for us
🧐 Bitcoin Dominance is about to Reverse?
Recently I've mentioned a clear 200-days pattern on the BTC.D chart — 50 weeks of decline and 150 weeks of growth
The previous cycle of decline has ended back in December 2021 near the 40% support. What about the current cycle?
👉 It is growth and it ends in.. ONE WEEK!
According to this pattern, Bitcoin Dominance should start dumping until October 2025 very soon. Has all chances to be true.