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Word Of The Day #WORDOFTHEDAY✅ #Binance #Write2Earn #WOTD $USDC
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Word Of The Day #WORDOFTHEDAY✅ #Binance #WOTD $USDC
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Word Of The Day #WORDOFTHEDAY✅ #Binance #WOTD $USDC
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#BTCWhaleMovement Bitcoin Warning: $110K Rejection #3 – Pullback or Breakout Next? Bitcoin just got rejected for the third time at the $110K level — and traders are asking: is this a healthy pause before a breakout, or the start of a deeper pullback? 📊 Market Snapshot Triple Rejection at $110K: $BTC surged above $110K but once again failed to hold. This resistance zone ($110K–$112K) is proving hard to crack. Support Levels: Immediate support rests around $108K, with broader downside protection near $105K. 🔍 Technical & On-Chain Breakdown Bearish Divergence: RSI and MACD are showing short-term bearish signs on intraday charts. Symmetrical Triangle Formation: BTC is ranging between $108K–$110.6K — a zone of indecision often preceding a breakout. Whale Movement Alert: A dormant whale wallet moved 20,000 BTC (~$2B), spooking some traders about a potential sell-off. HODLers Stay Firm: Long-term holders continue to hold (~14.7M BTC off exchanges), contrasting with leveraged traders who are building positions aggressively. 🏦 Macro & Institutional Context ETF Inflows Remain Strong: Spot Bitcoin ETFs have attracted over $48 billion, adding a strong base of demand and potentially softening any dips. Macro Factors Ahead: With Powell’s upcoming testimony and new inflation data, the macro environment remains a wildcard. Economic Backdrop: Strong U.S. employment data has lifted yields, but Bitcoin has held surprisingly steady — a sign of growing resilience. 🔮 What’s Next? Level Significance $110K–$112K Key resistance (triple top) $108K Triangle support (near-term floor) $105K Broader support zone Bullish Scenario: A decisive break above $110.6K could trigger a rally to $112K–$114K, with strong ETF inflows acting as fuel. ✅ Bottom Line Bitcoin is at a technical crossroads. While indicators suggest a short-term pause or pullback, institutional support and strong HODL behavior continue to underpin the bullish case. #BTCWhaleMovement #StrategyBTCPurchase #BTC #crypto $BTC
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Word Of The Day #WORDOFTHEDAY✅ #Write2Earn #Binance #WOTD $USDC
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