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Thailand has launched a pilot program allowing tourists to convert cryptocurrency into baht for spending.
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The cost basis for short-term holders is at $105.4k, with key resistance levels at $125.1k (+1σ) and $141.6k (+2σ) 📊🎯. Bitcoin ($BTC ) trading above the baseline indicates market strength 💪✅. The price consistently encounters resistance near the +1σ band, suggesting a potential range between $105k and $125k until a breakout occurs. The next major resistance is in the $141k zone 🚀⚡️👀.
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# ETHUSDT Analysis ETH is currently consolidating within a symmetrical triangle pattern and is trading just below the resistance trendline. The Ichimoku Cloud is serving as a resistance barrier above the price action. A confirmed breakout or breakdown will indicate the next directional move.
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$SUSHI Descending Channel Already Broken💁♂️ SushiSwap is consolidating above the recently broken descending channel, with the 100-day moving average providing strong support.👨💻 Target levels: $0.90 → $1.10 → $1.35 → $1.85🎯 Rally continuation underway🚀
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$BTC .D UPDATE: $BTC .D continues to decline, causing $BTC to fall below $110,000, which has impacted altcoins. Dominance is again decreasing and is expected to reach around 56.745 - 57.00%. Keep an eye on this level. If you have any altcoin trades, make sure to take profit at this point and consider scaling in after it breaks below.
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$CHR Descending Channel Breakout Loading⏳ Chromia is currently testing the upper resistance of its channel formation with rising volume on the daily chart🧐 Pattern completion combined with breakout confirmation indicates bullish momentum building🐃 Price targets: $0.106 → $0.120 → $0.142 → $0.168🎯
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