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Bitcoin Bullets®

$BTC Market Analysis

BTC surged following a successful retest of the ascending triangle pattern. For a clear bullish confirmation, the bulls must break through the crucial $70K resistance level. However, if the price closes within the triangle, it could signal continued consolidation and further movement within the pattern before a decisive breakout occurs.
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Bitcoin Bullets® Market Analysis
OCTOBER
24th, 2024
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⚪️TECHNICAL (DAILY)

The price action of $BTC on the daily timeframe is successfully holding its horizontal support region between $66,946 to $65,821. This support level is crucial, and if it holds, we could see another high level forming from here 📈.

As the price consolidates and holds strong, it may potentially squeeze out the upper-side liquidity levels, setting the stage for further upward movement 🚀.

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$BTC DAILY RANGE:
📈Upper Limit: [VIP ONLY]
📉Lower Limit: [VIP ONLY]
(+-18.45 based on moving average volatility open/endpoints)

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(*Advanced traders only - moderate/high risk)
🔵LONG
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🔴SHORT
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📌INSIDER UPDATE

💰 Bitcoin miner difficulty hits a NEW ALL-TIME HIGH 🚀
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Crypto Market RSI (4H) Heatmap
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$BTC Market Analysis

BTC is currently pulling back to retest the upper boundary of its ascending triangle pattern. A successful retest would signal bullish confirmation, potentially leading to a breakout and upward momentum. On the other hand, a failed retest could indicate weakness, suggesting the price may remain within the triangle or even revisit lower levels inside the pattern.
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📌INSIDER UPDATE

JUST IN: JPMorgan CEO Jamie Dimon privately supports Kamala Harris and would consider a role in her administration, NYT reports.
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📌$DOT/USDT (LONG)
Leverage: 5-10x

4.56
4.6

Profit: 25.1% (10X)🥂🔥

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Bitcoin Bullets® Market Analysis
OCTOBER
22th, 2024
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⚪️TECHNICAL (DAILY)

The price action of $BTC on the daily timeframe has successfully broken out of the resistance trendline and retested the horizontal support level, which is marked between $66,936 to $65,821.

This retest strengthens the bullish momentum 📈, indicating that the price action could show further upward movement.

As long as the support holds, the breakout and retest signal a continuation of bullish strength, potentially driving the price action higher in the near term 🚀.

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$BTC DAILY RANGE:
📈Upper Limit: [VIP ONLY]
📉Lower Limit: [VIP ONLY]
(+-18.45 based on moving average volatility open/endpoints)

📌SCALP ENTRIES (VIP)
(*Advanced traders only - moderate/high risk)
🔵LONG
💲[VIP ONLY]
🔴SHORT
💲[VIP ONLY]
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$BTC Market Analysis

BTC is currently attempting a breakout above the descending channel. A successful retest and sustained movement above this level would serve as a strong bullish confirmation, signaling potential upward momentum. However, if the price fails to hold and a candle closes back within the channel, it may indicate further consolidation or bearish continuation within the channel's bounds.
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VIP NEWS

BRICS Unites 40 Nations at Leaders' Summit — Russia Pushes for Global Partnerships

Nearly 40 countries will participate in the BRICS Plus/Outreach session, expanding the reach of the 2024 BRICS Summit hosted by Russia. The summit will address cooperation in politics, security, and economics. A central focus will be the expansion of BRICS, potentially introducing a new “partner states” category, reflecting the group’s growing global influence. Key discussions will involve contributions from entities like the New Development Bank and the BRICS Business Council.
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📌$SNX/USDT (LONG)
Leverage: 5-10x

1.476
1.490
1.500
1.520
1.550
1.600

Profit: 137.5% (10X)🥂🔥

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$BTC Market Analysis

BTC closed the weekly candle above the bullish flag pattern, signaling the potential for further upside. A possible retest of the flag’s upper boundary could occur, offering a buying opportunity for traders.

Alternatively, another weekly candle close above the $70K level would confirm the continuation of the upward trend, strengthening the bullish outlook.
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VIP NEWS

Russia Pushes Digital Currency Plan for BRICS — Is This the End of Western Financial Dominance?

Russian President Vladimir Putin has unveiled a plan to introduce digital currencies as a key tool for investment for the BRICS alliance. This proposal aims to boost economic growth in developing nations, with a focus on minimizing inflationary risks. By involving BRICS members and other developing countries, Putin sees this initiative as a critical step towards shifting away from Western financial dominance. The proposal is already under discussion with key partners such as China, India, and Brazil.
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📌$XAI/USDT (LONG)
Leverage: 5-10x

0.2146
0.2170
0.2250
0.2300

Profit: 193.7% (10X)🥂🔥

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Crypto Market RSI (4H) Heatmap
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📌$SSV/USDT (LONG)
Leverage: 5-10x

23.280
23.500
23.800
24.000

Profit: 99.1% (10X)🥂🔥

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VIP NEWS

Brazil Calls for Unified BRICS Financial System, Challenging Western Hegemony

Brazilian President Luiz Inacio Lula da Silva has urged the creation of a unified financial system among BRICS nations. He emphasized the need for alternative monetary relations. Egyptian President Abdel Fattah el-Sisi echoed this sentiment, advocating for financial settlements in national currencies, stressing cooperation within BRICS.
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VIP NEWS

Coinbase CEO, Elon Musk Back Pro-Crypto Senate Challenger Against Elizabeth Warren

Coinbase CEO Brian Armstrong and Tesla CEO Elon Musk have voiced their support for pro-crypto Senate candidate John Deaton in his race against Elizabeth Warren. Armstrong warned that Warren, a vocal crypto critic, has pushed harmful regulations and backed U.S. Securities and Exchange Commission (SEC) Chair Gary Gensler’s efforts to curb the industry. Musk signaled agreement, amplifying the growing debate over crypto regulation in the upcoming election.
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📌$IOTA/USDT (LONG)
Leverage: 5-10x

0.1228
0.1250

Profit: 38.8% (10X)🥂🔥

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Crypto Market RSI (4H) Heatmap
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📌$GMX/USDT (LONG)
Leverage: 5-10x

22.7
23
23.5
24

Profit: 109.8% (10X)🥂🔥

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📌INSIDER UPDATE

BREAKING: 📊 Gold's market capitalization has hit a record $18.4 TRILLION.

Since 2019, the market value of gold has officially DOUBLED. This comes as gold prices surpassed $2,750 for the first time in history and are up 33% year-to-date.
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Crypto Market RSI (4H) Heatmap
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📌$SOL/USDT (LONG)
Leverage: 5-10x

148.000
149.000
150.000
152.000
155.000
160.000

Profit: 129.7% (10X)🥂🔥

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📌INSIDER UPDATE

JUST IN: 🇧🇷 Brazil's President Lula da Silva cancels trip to BRICS summit.

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$BTC Market Analysis

BTC has broken out of the bullish flag pattern on the weekly timeframe, signaling potential upward momentum. The upcoming weekly candle close will be critical to watch, as a close above the flag's resistance would serve as a strong bullish confirmation, potentially paving the way for further gains. Keep an eye on this key level for confirmation of the breakout.
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