$BTC on support line but caution needed on longs. A | CRYPTO LIFE MNE on Binance Square

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$BTC on support line but caution needed on longs.
A Sucessfull breakdown leads major correction toward lower support levels!...
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$BTC Update: Beware of the Fakeout‼️⚠️ Nothing has changed for Bitcoin just yet. We just saw a classic bull trap where long traders were liquidated following a fakeout above the resistance line. This is exactly why I always stress the importance of waiting for a candle close before entering a trade. By waiting for confirmation, we stayed safe and avoided this trap. While I’ve been monitoring this breakout closely to provide timely updates, I remained patient for a 4-hour candle close above the trendline—and as you can see, it never happened. Current Outlook: The Rejection: The candle closed back below the resistance line with a long upper wick, showing strong selling pressure. Caution for Bulls: Things aren't looking great for the bulls in the immediate short term. If you are in long positions, ensure you have tight Stop Losses (SL) in place. Key Level: $85,000 is our critical support area. A break below this level will likely trigger a deeper move toward lower price targets. Stay disciplined and wait for clear confirmation! 📉 #BTC #USNonFarmPayrollReport #analysis #BinanceAlphaAlert

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$TURBO Update‼️ The daily chart for $TURBO is showing strong signs of a structural shift. After a long period of downward pressure, we are seeing key technical movements that could signal the start of a major bullish shift. 🔍 What the Charts Are Telling Us: Trendline Breakout: Price has successfully broken above the long-term descending resistance line. Failed Resistance Flip Red Zone 👇: Following the breakout, the price was rejected from a significant horizontal resistance zone around $0.0028 - $0.0030. Bullish Consolidation: Currently, $TURBO is consolidating above the previous broken trendline resistance, preparing for its next move. Volume Insights: The initial breakout saw high volume spikes. The current correction is happening on lower volume, suggesting that the selling pressure is weak and the correction may end soon. 📉 Crucial Levels to Watch: Immediate Support: $0.001800 - $0.001700. It is vital for the price to hold this level to maintain bullish momentum with higher low. Demand Zone: If the support breaks, look for the $0.001600 - $0.001300 area as a strong accumulation zone. Potential Targets at first hurdle : $0.0025 and $0.0030 🎯. The overall structure hints at a new bullish shift. Since this is a daily chart analysis, it may take some time to play out. Spot holders might consider holding and using corrections for DCA (Dollar Cost Averaging). #TURBO #CryptoAnalysis #TechnicalAnalysis #MemeCoins

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The chart we all want to see "dump" is actually pumping. 📈 BTC Dominance just broke out of a falling wedge and confirmed the retest. As BTC.D rises, Altcoins are feeling the pressure. Stay cautious on your Altcoin longs and ensure your SL (Stop-Loss) is tight. Protect your capital! 🛡️

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🚨 Everyone is talking about the Bank of Japan (BoJ) and its upcoming rate decision on December 19th‼️ Markets are pricing in a high probability of a rate hike to 0.75%—and history says Crypto should pay attention. 📉 Why does Japan move Bitcoin? For years, investors used the "Yen Carry Trade": borrowing Yen at near-zero interest rates to buy high-risk assets like Bitcoin ( $BTC ). When Japan raises rates: The Yen gets stronger: Making those "cheap" loans expensive to pay back. Deleveraging kicks in: Investors are forced to sell their crypto to cover their Yen debts. Liquidity Drains: Japan is the world’s largest holder of U.S. debt; when they tighten, global dollar liquidity shrinks. 📊 What does History tell us? The BoJ has been a "Bitcoin Killer" in recent cycles. Look at the drawdowns following previous hikes: March 2024: BTC dropped ~23% July 2024: BTC dropped ~26% January 2025: BTC dropped ~31% ⚠️ The Risk Zone If history repeats, analysts warn that a 20-30% correction could be on the horizon, potentially testing the $70,000 - $75,000 support levels. Keep your stops tight and your eyes on the Yen! 💴 #Bitcoin #BOJ #CryptoNews #Macro #YenCarryTrade

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🚨 Here's What I Expect Next From $BTC ‼️ $BTC is currently forming a "Falling Wedge" pattern on the 4-hour chart. Although this is typically a bullish continuation pattern, we must consider both scenarios due to the presence of strong horizontal resistance in the same area. 📈 Upside Scenario (To Go Up) For an upward move, we need a clean breakout from both this pattern and the key horizontal resistance zone at $89,000. 📉 Downside Scenario (Major Correction) If $BTC fails to break this resistance and instead breaks below the $85,000 support level, then be prepared for a major correction. This represents a "do or die" situation for BTC: either we see an upside breakout and a continuation of bullish momentum, or a breakdown that signifies a return to bearish sentiment stay prepared👍!...

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