#BTC retraced and dropped perfectly, price a new lower low, | CryptoGuider on Binance Square

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#BTC  retraced and dropped perfectly, price a new lower low, showing bears are controlling. Next area of key support is at $111,800 - $120,000, which can price lead into.$BTC 
#Write2Earn #Write2Earn! #BinanceHODLerPLUME #PowellWatch 

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FLUX analysis: The price is currently trading within a falling wedge pattern and is respecting both the support and resistance lines. You may consider opening a long position near the support area. A breakout from this falling wedge will determine the next rally. Keep in mind that a falling wedge is a bullish pattern, typically breaking in an upward direction. Support Area: $0.1970-$0.2010 Resistance Area: $0.2240-$0.2280 $FLUX #Write2Earn

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$NEIRO Early Signs of Recovery...... . 📈 Bullish Scenario Entry Zone: 0.0003680 – 0.0003720 Target 1: 0.0003800 Target 2: 0.0004000 Target 3: 0.0004200 Stop Loss: Below 0.0003550 $NEIRO #Write2Earn

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$ALGO Strong Rebound with Breakout Attempt.... . Bullish Scenario Entry Zone: 0.2510 – 0.2530 Target 1: 0.256 Target 2: 0.2610 Target 3: 0.2680 Stop Loss: Below 0.2450 $ALGO #Write2Earn

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Total unrealized profits across all Bitcoin holders just hit an all-time high of $1.4T 🚀💰📈. This massive paper wealth highlights how most investors are sitting on substantial gains right now 💪✅. However, this setup creates potential sell-side pressure if prices continue climbing higher - more profits could trigger increased selling activity 🔄⚡️👀

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