🪙 Bitcoin Market Update 🪙 Have a bit more patience. There | AltcoinAlchemist7 on Binance Square

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🪙 Bitcoin Market Update 🪙
Have a bit more patience. There’s a very strong support level at 90K–92K. I’m hopeful that this support level won’t break easily.
What might happen is that the price could just give a quick wick below 90K to grab the liquidity and then instantly move upward, marking the final move.$BTC #BTC 

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$BTC #WhiteHouseCryptoSummit #USCryproReserve As of March 8, 2025, Bitcoin (BTC) is trading at approximately $86,203, reflecting a 3.28% decrease from the previous close. The day's trading range spans from a high of $91,093 to a low of $85,345. This recent downturn follows President Donald Trump's executive order establishing a "Strategic Bitcoin Reserve," utilizing approximately $17 billion worth of Bitcoin seized from criminal activities. The announcement initially caused market uncertainty, leading to a price dip from about $90,000 to $85,000. In a related development, the Office of the Comptroller of the Currency (OCC) has clarified that federal banks are now permitted to engage in Bitcoin and cryptocurrency activities, potentially broadening institutional adoption. Additionally, liquidity is concentrating around the $100,000 mark, indicating a pivotal point for Bitcoin's future price movements. Overall, Bitcoin's market dynamics are influenced by recent regulatory developments and liquidity trends, contributing to its current volatility.

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JUST IN: Solana $SOL surpasses $200 $SOL

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$BIO is experiencing high volatility, trading at $0.5713 after a 10.12% decline in the past 24 hours. With a 24-hour high of $0.6401 and a low of $0.5361, the token's price action reflects uncertainty in the market. Currently, BIO is struggling below its 5, 10, and 20-day moving averages, which indicate bearish momentum. The support at $0.5361 is a critical level to watch. If the price holds above this support, it could signal a rebound toward the resistance zone of $0.60–$0.64. However, if the $0.54 support fails, BIO could see further downward pressure, possibly testing new lows. For traders, this creates an opportunity for both short-term profits and a strategic accumulation phase. The recent volume of 59.34 million BIO suggests active participation, with traders looking for signals to either enter or exit positions. Short-term traders may consider buying around the $0.54–$0.56 range for a potential bounce. Conversely, risk-averse traders might wait for confirmation of a breakout above $0.58 before entering. As a holder, my strategy is to monitor market movements carefully. While the bearish sentiment dominates, the consistent volume shows interest in BIO, which could lead to a potential trend reversal if supported by broader market sentiment. Outlook: In the short term, BIO remains risky for aggressive trading, but its long-term potential might still attract holders like myself. A clear break above $0.60 would restore bullish momentum, while a dip below $0.54 would indicate stronger bearish control. Are you trading BIO in this volatile market? My decision to hold is based on waiting for clearer signs of market direction. $BIO $BIO #BTC #ETH

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#CryptoMarketDip #BTC ShareYourTrade Most Profitable Coin Suggestions APT, FET, OP, ENA, WLD, GRT, LINK, SUI, ARB, NEAR, JUP, MANTA, DOGE Make sure to buy these coins using the DCA (Dollar-Cost Averaging) method, and you can start buying small amounts from now on. $DOGE $SUI $ENA $WLD $JUP

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#BTC could not hold its last support. 👍 This might be the last dump. ⚠️ Various news is coming regarding Trump's inauguration on January 20, which is causing the market to behave somewhat unusually. 🥲 Personal opinion: I’m expecting #BTC to make a comeback from here. 👍 $BTC

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