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Technical Jafar
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JUST IN: 🇯🇵 Metaplanet buys another 103 Bitcoin worth $12 million. They now hold 18,991 $BTC worth $2.2 billion.
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#ONG LONG SETUP 📈 $ONG
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📊 BTC/USDT 4H Quick Update Bitcoin is currently trading around $111,980, testing a strong support zone between $110,000 – $112,000. 🔹 Price has tapped into this demand zone multiple times in the past, making it a crucial level for bulls to defend. 🔹 If BTC holds this support and buyers step in, we can see a bounce towards $114,500 – $116,000 in the short term. 🔹 However, a clean breakdown below $110,000 with strong volume could trigger further downside, opening the path toward $106,000 – $104,000. 🔹 Market sentiment is cautious, so traders should watch for a clear reaction in this zone before taking positions. 📌 Key Levels Support: $110,000 – $112,000 Resistance: $114,500 $116,000 $118,500 ⚠️ Stay alert — this is a make-or-break zone for Bitcoin in the short term.
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🚀 Altcoin Watch: $SOL+ $AVAX Heating Up Both are showing bullish on-chain flows while Bitcoin cools. 👉 Solana dominance in NFTs vs Avalanche’s gaming partnerships — who wins the next breakout? #Solana #Avalanche #Altcoins $SOL $AVAX @Solv Protocol #BTCUnbound
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Most members are thinking that Ethereum has dumped, BTC has dumped BTC dominance is high, so the bear market has started. But that’s not the case — the bear market hasn’t started yet. This is actually liquidation. Your mentors had pushed people into longs, and now the market is triggering liquidations and stop losses. The market itself isn’t bearish. If volume comes in, the market will recover strongly.
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