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BTC
Next Target: $134K
BTC Long Zones:
1. $110K
2. $108K
Targets:
1. $124K
2. $129K
3. $134K
Stop Loss: $108K
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content.
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+2.26%
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On the 4-hour timeframe, Bitcoin ($BTC ) is attempting to overcome the resistance, but we need to see this confirmed on the daily timeframe. The price is forming a Bear Flag pattern, which is a bearish continuation pattern that could push the price lower. The overall trend is bearish, so exercise caution with positions in altcoins.
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$BTC /USDT ANALYSIS Bitcoin is consolidating within an ascending triangle pattern and is currently bouncing off its support trendline. The Ichimoku Cloud is providing support, indicating strength. A decisive breakout or breakdown is required to confirm the next directional move.
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🔥 LATEST: With $5 billion in Ethereum options set to expire on Friday, bullish strategies could propel Ethereum's price beyond $5,000.
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# ALTS Market Cap Analysis The ALTS market cap is experiencing a rebound.
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Here is the analysis of #BIO: #BIO was strongly rejected.
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