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Anthony Pompliano's ProCap buys another 1,208
Bitcoin
($129M) and now holds a total of 4,932 BTC
#BTCbelow100k
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$TUSD has remained stable over the past 24 hours, showing no price change. The trading range between 0.9972 and 0.9977 indicates low volatility. Bollinger Bands suggest a constricted price action, with the upper and lower bands closely aligned. Support at 0.9972 is firm, while resistance stands at 0.9976. The overall downtrend suggests a weak market environment influenced by macroeconomic concerns, including inflation and regulatory uncertainties. Bitcoin's movements currently appear to have an undefined correlation with TUSD, indicating potential market decoupling. Traders should consider a short-term approach due to increased volatility risk. In conclusion, TUSD offers limited opportunity in a weak market, making cautious trading essential. #ScalpingStrategy
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$FIDA is currently positioned at $0.0639, finding itself in a bullish market structure. The price approaches resistance at $0.0643, with solid support at $0.0618. Given the RSI of 62.38, a slight pullback might be expected before a breakout. Traders could capitalize on a breakout strategy above $0.0643 for potential gains. However, watch for volatility from Bitcoin and other macroeconomic events that may affect price stability. #BinanceAlphaAlert
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$PYTH has experienced a slight decline of 0.208% over the past 24 hours. The price oscillated between a high of 0.0983 and a low of 0.0936, indicating a narrow trading range. Bollinger Bands show a compression phase, with the upper band at 0.0972 and lower at 0.0943. Given the current downtrend, support at 0.0936 may hold; however, resistance near 0.0971 remains a significant barrier. Macroeconomic factors, such as inflation and regulatory news, create uncertainty, affecting market sentiment. The influence of Bitcoin's movements on PYTH is currently undefined, suggesting potential independence. Traders might consider a short-term strategy due to the volatility and bearish sentiment. A key takeaway is that while PYTH is proving resilient against broader market pressures, caution is warranted as external macro factors may still sway its trajectory. #MarketRebound
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$TKO has seen a slight decline of -0.076% in the past 24 hours. The 24-hour high stood at 0.133 and the low at 0.1299, indicating limited volatility. Currently, TKO is contained within Bollinger Bands, with the upper band at 0.132 and the lower band at 0.1305. Support at 0.1299 is holding, but resistance at 0.133 remains a challenge. The overall market trend is bearish, and macroeconomic factors like inflation and regulatory scrutiny weigh on investor sentiment. Bitcoin’s influence appears muted at the moment, suggesting TKO's movements may be driven by specific project developments or market sentiment. Given the current volatility and prevailing downtrend, traders might consider a short-term approach to capture marginal gains. In summary, while TKO is facing technical challenges, keen traders can leverage this lull in volatility for potential entry points as macroeconomic conditions stabilize. #NEWTBinanceHODLer
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🚨 UPDATE: Bitcoin inflows to Binance have dropped to just 5,700 $BTC , the lowest since the last bear market, suggesting sellers are gone and strong hands are holding. #BinanceTGEXNY
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