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Crypto Abhishek
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$BTC
has reclaimed 92K, alts are waking up…
Is this the start of a run or a perfect bull trap?
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content.
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-2.20%
4
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Crypto Abhishek
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🤡 It's feels like a clown for even trying to analyze/trade Bitcoin/Crypto this month One of the worst price actions I've seen in my life...
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it's fake post bro
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The aggregated size of Bitcoin treasuries held by public and private companies has grown from 197K BTC to 1.08M BTC, a ~448% increase since January 2023. Corporate balance sheets are becoming an increasingly significant pillar of demand for $BTC
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🫡 Same picture on Bitcoin from the 1W MA50 perspective For the first time in this bull cycle $BTC price broke the weekly MA50 down and trades below for quite a long time. However, no such breakdown happens without a retest, this is what we expect a relief bounce up to $98,000 - $102,000. Then dump to marked support level of $55,000 - $60,000.
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💥 U.S.-China tech relations get a lift as former President Trump announces a policy permitting Nvidia to sell H200 products to approved Chinese customers. In exchange, 25% of the sales revenue will support the U.S. This approach will also extend to AMD and Intel regarding their chip sales in China.
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