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Cas Abbé
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Looks like a pullback to this level is on the table -
$BTC
Overall vibes are bullish — I still think we’re heading higher from here
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0
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Cas Abbé
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Bitcoin price is now trading above 2 crucial resistance levels. First one is 111SMA at $91.3K and the other one is short-term holder realized price at $93.2K. In October 2024, BTC reclaimed this level after 3 months of downtrend, which started the reversal. But remember, this could also be a fakeout similar to July 2024 and BTC could drop below $92K. Only if, BTC holds above this level for a few weeks, we could be really certain of a reversal.
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$ENA is holding the $0.30 support after a sharp pullback — If it holds there’s still a chance to push toward $0.48 But a break below $0.28 invalidates the setup
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BlackRock bought 2,830 BTC worth $267 million yesterday. But why did BTC price went down? Because other ETFs sold. Fidelity, Ark Invest, Grayscale and Bitwise sold $323.26 million worth of BTC. This happened due to US bad GDP data, which has now elevated the risk on recession.
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$VIRTUAL dipped to $1.2 and pumped back up nicely ✅
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$BTC has one leg up left before the blow-off top. Historically, BTC peaks 1065 days after its bottom, so a blow-off top will happen in Q4 2025. I'm almost certain that BTC will go above $150K and if euphoria hits, it could even hit $180K-$200K.
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