After $105K Peak, Bitcoin May Revisit 0.382 FOB Level!

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BTC is pulling back after hitting a high of $105,800

If you look at the daily chart, we haven’t seen any healthy pullback, the price has gone straight up.

In my opinion, a retest of the 0.382 FOB level around $94K would be a healthy correction for Bitcoin. Based on the liquidation heatmap, we’re also seeing liquidity building up at lower levels.

This is one of the signs of a pullback, which is important for a sustainable and healthy market.

Stay tuned and follow for more updates!
Trade active
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BTC Nothing to Worry About!

BTC has formed a short-term demand zone around $101K to $102K, with the 50 MA also acting as strong support in this area.

Not expecting major moves for now, likely to see some sideways action within this support and resistance range for a while.

As I mentioned in my previous BTC update, price has been moving parabolically, so a healthy correction may occur, so be prepared for the worst-case scenario.

Stay tuned and follow for more instant updates.
#Bitcoin
Trade closed: target reached
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BTC Update

Not much has changed.
As expected, it's trending within the support and resistance zone.
As mentioned in my previous update, we will likely see sideways movement for now.

It's a waiting game until we see a clear breakout or breakdown.
Follow me for instant updates!
#Bitcoin
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Bearish divergence detected on the #Bitcoin 6H chart!

Should we worry about this? 🤔
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BTC is in a classic correction and accumulation phase, which we’ve already seen three times in this cycle.

Each time? It led to a massive breakout.
#Bitcoin 150k+ INCOMING !!!
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#Bitcoin Now we are not going to stop!

Mark my words, #BTC will reach 150K before the end of JUNE 2024 !! 🚀
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Sorry for the typos — it's 2025 😅

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