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bws_trader
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$BTC
/USDT WHAT YOU SEE NEXTT ?? 👀!!
bws_trader
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Has will as say last time $BTC move sideways for a while.
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"#Bitcoin is currently trading with a negative funding rate, indicating that there are significantly more short positions than longs in the market. This reflects a healthy market structure. Uptrend likely to continue!"
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There was a significant liquidity pool around 92k. Typically, during a liquidity hunt, we would have tapped 92k and seen an immediate rejection — but that hasn't happened here. Interestingly, most of the buying activity consists of spot limit orders, with minimal involvement from futures longs. This indicates a much healthier pump. Additionally, there’s a notable build-up of short positions in the 97–101k range, which appear poised for liquidation.
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$BTC /USDT Update: Current Market Price: 92.5K Resistance Zone: 94K – 95K Watch for rejection or breakout confirmation in this zone. Support Zone: 87K – 88K Key area for potential bounce or accumulation if price drops. Keep an eye on price action near the resistance; if BTC breaks above with volume, next leg up could start. A rejection here might lead to a test of the support zone.
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Has will as say last time $BTC move sideways for a while.
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$BTC / USDT Update : It's now trading near $85K, with resistance at $78K–$79.5K after this target will be 72k. Analysts say the correction may be mostly done, but BTC might stay volatile and move sideways for a while.
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