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Hamza Muneer Abbasi
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#MarketPullback Bitcoin Pullback Explained A **pullback** occurs when Bitcoin temporarily reverses direction within an overall trend. Even in a strong uptrend, BTC can drop short-term before resuming its upward momentum. * **Current Context:** Bitcoin recently dipped below **$98,000**, falling from its recent highs above $102,000. This is considered a pullback in the broader bullish trend observed over the past month. ([Coindesk](https://www.coindesk.com/markets/2025/11/14/bitcoin-plunges-under-usd98-000-eth-sol-ada-down-8-as-usd880m-in-bullish-bets-liquidated?utm_source=chatgpt.com)) * **Reason for Pullback:** 1. **Profit-taking:** Traders locked in gains after BTC surged earlier in the week. 2. **Macro pressure:** Fading hopes of a Fed interest-rate cut are reducing appetite for risk assets. 3. **Liquidations:** Over $1 billion in crypto derivatives were liquidated, causing temporary price dips. --- ### 🔹 Key Levels to Watch * **Support:** ~$95,000–$96,000 — where buyers may step in. * **Resistance:** ~$100,000 — a psychological level BTC needs to reclaim for bullish momentum to resume. --- ### 📊 How Traders Use Pullbacks 1. **Buying the dip:** Pullbacks offer opportunities to enter positions at lower prices in a bullish trend. 2. **Adjusting positions:** Traders can increase exposure during temporary dips if the trend is strong. 3. **Setting stop-losses:** Pullbacks help in defining safer entry points and risk management. --- ### ⚡ Market Outlook * BTC is in a short-term pullback but not necessarily a trend reversal. * Watch macro events and liquidation activity closely, as they can accelerate the pullback or trigger a recovery. * Traders should use pullbacks to evaluate entry points rather than panic selling. ---
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#plasma $XPL Discover the power of @Plasma! Explore its innovative ecosystem, unlock new opportunities, and stay ahead in the blockchain world. Learn more and join the movement! #Plasma $XPL
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#injective $INJ Explore the future of DeFi with @Injective Injective! Join the Creator Pad, discover innovative projects, and unlock new opportunities. Learn more: https://tinyurl.com/inj-creatorpad #Injective $INJ
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#yggplay $YGG The YGG Play Launchpad is officially LIVE! Dive into the world of @Yield Guild Games YieldGuildGames and discover your next favorite web3 game. With YGG Play, you can complete quests, level up your on-chain skills, and unlock early access to new game tokens directly through the Launchpad. If you want real rewards, real progress, and real ownership — this is where it starts. Let’s build the future of gaming together!
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#linea $LINEA Excited about the future of Ethereum scaling with Linea! @Linea.eth lineaeth is bringing fast, secure, and low-cost transactions for everyone. Join the revolution and explore what $LINEA has to offer! #Linea Linea
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