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Raj Bhattacharjee
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$PNUT
At $0.3850 looks like it's going on a shopping spree! 🛍️🥜😂
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Raj Bhattacharjee
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$NEIRO NEIRO to the moon! 🚀 Currently chilling at $0.00056589. 😉 #TradeStories
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#CryptoRoundTableRemarks "The crypto market feels like it's holding its breath ahead of the US CPI release today," one trader might say. "A soft inflation number could be the green light for a rally," adds an analyst, pointing to key support levels on Bitcoin's chart. A DeFi enthusiast chimes in, "Innovation in decentralized finance continues regardless, with exciting new protocols emerging." A miner notes the steady network hash rate, underscoring long-term commitment. For newcomers, this macro data can seem complex, directly influencing market sentiment and price action. All eyes are on the 6:00 PM IST release for potential market shifts.
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#CryptoCPIWatch The crypto market is keenly awaiting the US CPI data for April, due today at 6:00 PM IST. Expectations are for headline inflation to match March's 2.4% YoY, with core inflation also steady at 2.8%. A weaker CPI could boost crypto by hinting at Fed rate cuts, while stronger data might trigger sell-offs. Recent minor price dips reflect traders' caution pre-release. Keep an eye on the numbers; they could inject volatility into Bitcoin and altcoins. This economic indicator is a key focus for understanding near-term market direction.
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$BTC Trade Plan 📈₿ ✅ Entry Zone: Consider buying between $101,000 - $103,000 for a strategic entry. ⛔ Stop Loss: Set a stop at $99,500 to manage potential losses. 🎯 Profit Targets: Target 1: $105,000📍 (Secure some profit, move stop to entry) Target 2: $108,000🎯 Target 3: $112,000🚀 (Eyes on new highs!) 📊 Risk/Reward Ratio: Aiming for a favorable ratio. ⚖️ 🔄 Strategy: After Target 1, adjust your stop-loss to your entry price. Trade with caution! 🧐💰
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$BTC Bitcoin at $102,689.3 seems to be playing hide and seek... mostly hide! 🙈📉
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