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when the coin tries to break resistance but gets KO'd instead.
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BTC
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+2.34%
BNB
889.86
+1.34%
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Markets were fearful going into Powell’s speech yesterday. Following a surprisingly dovish tilt, risk assets rallied, this will likely continue. However, in the short-term, $BTC is still in a bearish structure as price is below its uptrend line and its main horizontal support of $116,600. $ETH on the other hand has a strong narrative with the Treasury company buys, keeping ETH and its eco-system, buoyant. Even though there are some bearish technicals like the bearish divergence, we expect the narrative to push ETH push beyond $5,000, with $5,500on the table. For those looking for to buy dips, we’d look at the $4,200-$4,400 level. #BTC #ETH #solana
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$BTC 🚨 Michael Saylor’s Strategy, the largest corporate Bitcoin holder, says its constant BTC purchases are structured to avoid moving the market price. Corporate treasurer Shirish Jajodia explained the firm buys “around the clock” daily, hourly, even by the second often using methods like OTC desks to manage liquidity. Despite speculation, Bitcoin’s price has shown mixed reactions to Strategy’s biggest buys rising in some cases and falling in others. Follow @Fortitude Financials for more insights! ✅ #crypto #cryptonews #bitcoin #BTC
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🔥HOT: #Ethereum ($ETH ) has overtaken #Mastercard to become the 22nd largest #asset by market cap a major milestone in crypto’s climb up the #global rankings. #ETHInstitutionalFlows #ETH
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$BTC 📊 INSIGHT: #Bitcoin has traded between $111,658 and $118,626 over the past 7 days (3-hour intervals), forming what traders dub the “Loch Ness monster” pattern a long, choppy structure hinting at accumulation before a potential breakout. #BTC #CryptoRally
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$BTC 🚨 INSIGHT: Over $250M in shorts liquidated in the last 4 hrs! 📈 Always use caution when trading with leverage, especially on a Fed day. Source: Coinglass
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