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FaiXcaL
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🚨 Can $BTC Bitcoin Go Down? Depends on the US Stock Market 📌 Friday Recap: The market first pumped, making traders think it would rocket 🚀, but sellers took over and pushed prices down. This is called a topping tail — price moves up, traps buyers, then closes lower. 🧱 Key Observation: Former support (Oct 2023) has now flipped into resistance. Friday’s high was rejected at that level → market hit its old “wall” and bounced back. 📊 What to Watch Next: 🔴 Daily close below 6700 → short-term top confirmed. Support at 6670 Break below that → possible slide to 6600 🟢 Daily close above 6750 → topping tail invalidated, rally likely to 6800+ 🎨 Candle Logic (Simple): 🔴 Red = Sellers in control 🟢 Green = Buyers back 2 Reds = Trend change confirmed Green close above topping tail = Sellers trapped 👉 In Short: Close lower = ⚠️ correction likely Close higher = ✅ rally continues #BTCBreaksATH #WhaleWatch #USstock #CryptoChords
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⚡ Quick $BTC Update (CME Gap Play (5:00 AM UTC) Here’s a possible market scenario to watch: 1️⃣ Price may first push above 124K → trapping late longers. 2️⃣ Then drop back near 119K → trapping short sellers. 3️⃣ After that, price could stabilize between 120K–121K. ⚠️ Important: This setup works only if CME and Binance volumes move together. If liquidity is low, the plan can fail and BTC may break strongly in one direction. 📊 How to Judge a Genuine Move vs Trap: If a 1–5 min candle closes above 124K, move is genuine. If it just wicks above and falls back → that’s a trap. Same on the downside: if BTC closes below 119K and holds, bounce is unlikely and shorts may run longer. ✅ Simple Rule: Always wait for candle closes, not just wicks. #BTC125Next? #MarketUptober #FutureTarding #CryptoChords
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📊 SPY Breakdown = Crypto Impact? 👀 Key Level: 654 ✅ A daily close below 654 confirms breakdown 🎯 Next support sits near 640 🚨 Why does this matter for crypto? 📉 SPY weakness often signals risk-off sentiment, which can pressure $BTC &$ETH . 📈 If SPY holds support, crypto may remain stable — but a breakdown could trigger volatility across markets. ⚠️ Remember: only a full daily candle body closing below support counts as confirmation. #MarketUpdate #MarketUptober #USGovShutdown #CryptoMarket
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