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How BTC Dominance crash Will Welcome Altcoins?
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š„Collects Binance points & convert into USDC. Click below Link to join Today Words of the day #BTCtrade $BTC
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$BTC š„ BTC "GOLDEN CROSS" šø ā The chart you've shared shows the BTC/USDT trading pair on Binance, currently priced at $99,640.01, with a 24-hour high of $99,800.00. Over the recent period, Bitcoin has demonstrated a strong bullish momentum, as indicated by a clear upward price trajectory. The 7-day EMA (yellow line) at $96,758.94 is sharply trending above the 25-day EMA ($92,764.84) and the 99-day EMA ($89,700.87), signaling a short- to mid-term bullish trend. Notably, the red circled area in your chart points out a "Golden Cross", where the shorter-term moving average (in this case, the 25-day EMA) crosses above the longer-term moving average (99-day EMA). This is typically seen as a bullish technical indicator, suggesting the potential for continued upward momentum. This cross often attracts traders and investors looking for confirmation of a longer-term uptrend. Combined with strong volume and increasing market confidence (as reflected by the Fear & Greed Index sitting at 65 - Greed), this Golden Cross supports the case for potential further gains in Bitcoin's price. As long as Bitcoin holds above key EMAs and volume sustains, the bullish sentiment is likely to continue. However, caution is advised during volatile periods, especially with resistance around the psychological $100,000 mark. #BTCtrade #TradeStories #BTCBreaks99K
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#TradeStories #BTCtrade š„ Bitcoin price prediction ! š According to our current Bitcoin price prediction, the price of Bitcoin is predicted to rise by 14.34% and reach $āÆ112,869 by June 7, 2025. Per our technical indicators, the current sentiment is Bullish while the Fear & Greed Index is showing 65 (Greed). Bitcoin recorded 19/30 (63%) green days with 6.60% price volatility over the last 30 days. Based on the Bitcoin forecast, it's now a good time to buy Bitcoin. $BTC
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#BTCTrade š„ Traders typically enter or exit a BTC (Bitcoin) trade based on a combination of factors, including: Entry Reasons 1. Technical Analysis (TA): Breakout of key resistance or support levels. Bullish chart patterns (e.g., double bottom, ascending triangle). Indicators like RSI, MACD, or moving average crossovers signaling buy. 2. Fundamental News: Positive news (e.g., ETF approvals, institutional adoption, favorable regulations). Macro events like inflation data or interest rate changes. 3. On-Chain Data: Whale accumulation, exchange outflows, low sell pressure. 4. Market Sentiment: Fear & Greed Index shifting toward greed (suggesting bullish momentum). Social media hype, increasing retail interest. --- Exit Reasons 1. Technical Signals: Hitting a resistance level or previous high. Bearish divergence on RSI/MACD. Breakdown below trendline or key support. 2. Risk Management: Stop-loss or take-profit levels hit. Position sizing or portfolio rebalancing. 3. News or Sentiment Change: Sudden negative news (e.g., exchange hack, regulatory crackdown). Market sentiment turning fearful. 4. Time-Based or Strategy-Based Exit: Part of a swing trade plan with a time target. Pre-determined exit after a set ROI is achieved. Would you like help analyzing a current BTC trade you're considering or reviewing? #TradeStories
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