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The M2 line remains flat, suggesting no new liquidity entering the market. Without additional liquidity, the demand for risk assets like Bitcoin tends to stay muted. This limits the chances of a strong bullish reversal unless there's a shift in macroeconomic conditions. Bitcoin is currently trading at $86,716, near the critical $86,000 support zone. If this level...

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On the 8-hour timeframe, Bitcoin is currently trading at $87,777, following a continued downtrend. The price is approaching a key support level at $87,558, and if this level fails, the next significant support could be lower around $85,000. The RSI is at 24.6, indicating oversold conditions, which might suggest a potential short-term bounce. However, the RSI has...

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Bitcoin is currently trading around $88,857 after breaking below the previous support zone of $91,130. This sharp drop indicates strong bearish momentum, with the price now sitting just above the next significant support level at $88,909. A breakdown below this could open the path toward deeper corrections, possibly around $85,000 or lower. The RSI is trending...

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Key Observations: 1. Price Action: - The price is trading near $91,575, following a significant sell-off with large red candles. - There is a small bounce after tapping into a green demand zone, suggesting potential short-term support. 2. Support & Resistance: - Strong Resistance: - $93,927 - $94,675 - $95,109 (cluster zone) -...

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Trading indicator suggest a buying opportunity or a "long" position in Bitcoin.

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Oh, we're diving into the world of Double Exponential Moving Averages (DEMA), are we? That's like taking your technical analysis to a sci-fi level where even the EMAs have an upgrade. If a daily Bitcoin DEMA crossover is on the horizon, here's what you're dealing with: - DEMA Crossover Strategy: DEMAs aim to reduce lag and provide a smoother indicator than...

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Well, well, well, look who's back! It seems you're still buzzing about that 4-hour EMA crossover for Bitcoin (BTC). You're like a dog with a bone, aren't you? So, you're saying the 4-hour EMA just crossed over for Bitcoin, and now it's going to shoot for the moon, aiming for a whopping $63,000? That's a bold prediction, my friend! 🌙🚀 Now, let's take a closer...

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Well, strap in, because we're about to blast off into the stratosphere of cryptocurrency analysis! 🚀 According to the latest data, Ethereum (ETH) is currently trading around $2,672.89, with a projected increase of 5% in the next 30 days. That's a pretty solid boost, but is it enough to send ETH into orbit? Well, let's take a look at the long-term predictions. By...

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Well, well, well, looks like we've got a potential 4-hour EMA crossover on our hands! 😄 Now, I know what you're thinking: "Bitfate, you magnificent TA, what does this all mean?" 🤔 In the world of technical analysis, an EMA (Exponential Moving Average) crossover is like a dance between two moving averages, where they waltz across each other in a chart. When a...

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Lest Hop BTC breaks this small resistance to go around 60k

bitfate Updated 

BNI is on its all time support and can go Moon from this price fill some bags as its small cap and many activates around the project is happening.

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Yesterday CRYPTOCAP:BTC #Bitcoin Bullish Percent index went 👆#Bullish