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THE ALTSEASON IS APPROACHING AGAINST A BITCOIN LOSING MOMENTUM! The altseason's approach is looking promising, with Bitcoin's momentum waning and altcoins showing unexpected resilience. Analysts believe a cycle shift is imminent, potentially disrupting traditional crypto investment strategies. Let's break down the key points : Bitcoin Dominance Decline: Some analysts predict a "massive decline" in Bitcoin dominance, which could signal the start of an altseason. A decline in Bitcoin's market capitalization share would allow altcoins to outperform. Technical Indicators: RSI and MACD indicators are signaling a strong bullish surge for altcoins, suggesting a potential breakout. Bitcoin's Momentum: Bitcoin's struggling to regain momentum, currently trading around $100,000, might pave the way for altcoins to shine. Critical Levels: Bitcoin dominance needs to drop significantly for an altseason to begin. Rekt Capital believes altcoins won't see a resurgence until BTC dominance climbs to 71% and then rejects. Some notable analyst predictions include : Mikybull: Predicts a Bitcoin dominance decline, which could be "huge for an altseason." Van de Poppe: Expects strong momentum for altcoins to continue in the coming weeks. Jelle: Highlights a bullish pennant pattern for altcoins, potentially leading to a breakout. Keep in mind that crypto markets are volatile, and altcoin performance can be unpredictable. Investors should exercise caution and monitor market trends .#MyCOSTrade #EDGENLiveOnAlpha #AltSeasonComing #TradingTypes101 #EDGENLiveOnAlpha $BTC $ETH $ETH
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ETHEREUM READY TO IGNITE AN ALTSEASON 250x STRONGER? Ethereum's potential to ignite an altseason is looking promising, with some analysts predicting a significant surge. Currently, Ethereum is showing strong signs of a potential breakout, which could signal the start of a long-awaited altcoin season. Here are some key points to consider : Ethereum's Momentum: Ethereum's recent price rally has sparked optimism in the crypto market, with investors eagerly awaiting the next altcoin season. Its current momentum, combined with DeFi expansion and technical upgrades, presents a promising setup for further gains. Breakout Potential: If Ethereum breaks above key resistance levels, it may kick off a wider altcoin rally. Analysts are watching the $2,700 mark, which has historically been followed by robust rallies in the altcoin market. Altcoin Season Indicators: Some analysts point to the ETH/BTC ratio as a pivotal measure. With Ethereum trading below 0.03 BTC, it's considered an appealing prospect for investors. Market Predictions: While it's difficult to predict exactly when an altseason will start, some analysts believe Ethereum's resurgence could lead to a 100x altseason, potentially in the coming months. Key Resistance Levels to Watch: $2,700: A crucial resistance level that has historically led to significant rallies in the altcoin market. - 0.03 BTC: A key threshold for the ETH/BTC ratio, which could signal a potential breakout. Keep in mind that crypto markets remain volatile, and even strong assets like Ethereum can experience sharp corrections. Traders should manage risk and avoid overexposure .#EDGENLiveOnAlpha #SaylorBTCPurchase #ETH $ETH
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CRYPTO FACES UNCERTAINTY AS BITCOIN FINDS STABILITY! Crypto markets are experiencing uncertainty despite Bitcoin finding stability around $104,000. This stability hasn't translated to the broader crypto market, particularly altcoins, which are facing turbulence. Market sentiment is characterized by anxiety and turmoil, resulting in significant drops in altcoin values . Key Factors Influencing Crypto Market Uncertainty: -Bitcoin's Price Stability: Bitcoin's current price stability around $104,000 may indicate a potential shift in market dynamics. However, it's essential to monitor its performance and potential impact on the broader market. Altcoin Turbulence: Altcoins are experiencing significant price drops, contributing to market uncertainty. Investors should be cautious and consider diversifying their portfolios. Global Economic Uncertainty: Global economic uncertainty and potential regulatory changes may impact the crypto market. Investors should stay informed about macroeconomic trends and regulatory developments . Market Outlook: -Potential for Growth: Some analysts believe Bitcoin's stability could lead to growth, citing its resilience amidst market volatility and economic uncertainty. Risk of Downturn: Others warn of potential downturns, emphasizing the importance of monitoring key support levels and market trends . To navigate this uncertain market, investors should prioritize research, stay up-to-date with market news, and consider multiple perspectives before making investment decisions.#MyCOSTrade #CEXvsDEX101 #TradingTypes101 #cryptouniverseofficial $BTC
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TRUMP PLANS TO ADD ANOTHER 25% TARIFF ON STEEL AND ALUMINUM PRODUCTS FROM JAPAN! Donald Trump plans to increase tariffs on steel and aluminum products from Japan, but the details are a bit more complex than just adding another 25%. Here's what's happening : Current Tariff Situation: Japan is already facing a 25% tariff on its steel and aluminum products, as well as a 10% baseline tariff. Additionally, there's a separate 25% tariff on automobiles. Potential Increase: Trump has stated that he could increase tariffs on steel and aluminum to 50%, not just add another 25%. This would significantly impact Japan's exports to the US. Negotiations: Japan's Prime Minister Shigeru Ishiba is planning a visit to the US to negotiate a better trade deal. Japan wants the US to drop all tariffs, including those on automobiles, aluminum, and steel. Impact on Japan: The tariffs could have a major impact on Japan's steel industry, particularly since the US is one of its most important export destinations. If a 118% tariff is imposed (25% existing + 50% increase + 43% other tariffs), the export competitiveness of Japanese companies would be significantly reduced. It's worth noting that Trump's tariff policy aims to protect American industries and reduce reliance on foreign goods. However, this move could lead to retaliation from other countries and potentially escalate trade tensions .#TradingTypes101 #MyCOSTrade #TRUMP $TRUMP
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BITCOIN AND ETHEREUM PRICE DROP AMID RISING U.S DOLLAR! Bitcoin and Ethereum prices are indeed experiencing a downturn, with the rising US dollar contributing to the decline. Let's break down the current prices : Bitcoin (BTC): The current price is $104,571.43, with a 0.02% decrease in the last 24 hours. The open price was $104,588.38, and it reached a high of $104,900.00. Ethereum (ETH): The current price is $2,507.02, with a 1.22% decrease in the last 24 hours. The open price was $2,537.90, and it reached a high of $2,550.34. The cryptocurrency market is known for its volatility, and several factors can influence price fluctuations. Some potential reasons for the current decline include : Rising US Dollar: A strengthening US dollar can lead to decreased investment in riskier assets like cryptocurrencies. Global Economic Uncertainty: Economic instability and uncertainty can cause investors to become cautious, leading to a decline in cryptocurrency prices. Market Sentiment: Investor attitudes and market sentiment can significantly impact cryptocurrency prices, with negative sentiment potentially leading to price drops. It's essential to note that the cryptocurrency market is highly unpredictable, and prices can change rapidly. For the most up-to-date information, it's best to check reliable financial news sources and market trackers.#BTC #ETH $BTC $ETH
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