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Ashfaq ghafari
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What do you think about my Entry 🙄Wrong 😏Right
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Ashfaq ghafari
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$BTC #BTCWhaleMovement $BTC BTC 107,926.82 -0.14% ### **Next Move: Short-Term Pullback (5-10% Dip), Followed by a Rally Toward $70K+** **Timeframe:** Next 2-4 weeks #Bitcoin❗ #### **Reasons:** 1. **Technical Resistance at Current Levels ($62K-$65K)** - Bitcoin has faced strong resistance near its all-time high (~$69K). A rejection here could lead to a short-term dip toward support levels ($58K-$60K). - RSI (Relative Strength Index) on daily charts is near overbought levels, suggesting a possible correction. 2. **ETF Inflows & Institutional Demand** - Spot Bitcoin ETFs (like BlackRock’s IBIT) continue to see inflows, but profit-taking by short-term traders could trigger a dip before another leg up. 3. **Macro Factors (Fed Rate Cuts & Liquidity)** - If the Fed signals rate cuts later in 2024, Bitcoin could rally as liquidity increases. However, if inflation stays sticky, short-term volatility may persist. 4. **On-Chain Data (Profit-Taking by Whales)** - Large holders (whales) have been distributing some BTC near $65K, which could lead to a temporary pullback before a new uptrend. 5. **Halving Supply Shock (Long-Term Bullish)** - The April 2024 halving reduces new BTC supply, historically leading to rallies 6-12 months later. A deeper correction now could set up a stronger Q4 2024 rally. ### **Trade Strategy:** - **If BTC drops to $58K-$60K:** Watch for bullish reversal patterns (e.g., higher lows, strong ETF inflows) as a potential buying opportunity. - **If BTC breaks $65K with volume:** A retest of $69K and beyond is likely, targeting $75K-$80K later in 2024. ### **Key Risk:** - A sharp drop below $56K could invalidate the bullish structure and signal a deeper correction.
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#HODLTradingStrategy HODLing works best for **high-conviction assets** with strong fundamentals, requiring immense patience. It’s not a "get rich quick" scheme but a bet on technological disruption. As the crypto adage goes: *"Time in the market > timing the market. pls follow me I will follow you back kind request 😀🍭💗🤗🙂👍🍌
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#MuskAmericaParty Elon Musk has officially launched the America Party, aiming to challenge both major U.S. political parties with a fiscally conservative, centrist platform. The move follows a poll on Musk’s platform X, where 80% of respondents supported creating a new party. His announcement has sparked political tension, especially with Donald Trump, and raised concerns among Tesla investors. The party plans to focus on key congressional races rather than a presidential bid—at least initially. Experts say Musk faces major hurdles, including tough ballot access laws and doubts about long-term viability.
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When dip is come you say like this every time
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No
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