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BTC
Bitcoin has broken two 2-week Downtrends over the past month
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#BTC Bitcoin has officially Weekly Closed above the $104400 Range High resistance After briefly losing it two weeks ago, Bitcoin is now positioned for a reclaim of it into new support $BTC #Crypto #Bitcoin
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𝗕𝗜𝗧𝗖𝗢𝗜𝗡 𝟮𝟬𝟮𝟰 ● 3 HIGHER HIGHS ON THE DAILY TIMEFRAME ● 25% DUMP TO MARK THE BOTTOM ● REVERSAL AND CONSOLIDATION FOR 2 WEEKS ● 70% PUMP IN <2 MONTHS 𝗘𝗧𝗛𝗘𝗥𝗘𝗨𝗠 𝟮𝟬𝟮𝟱 ● 3 HIGHER HIGHS ON THE DAILY TIMEFRAME ● 25% DUMP TO MARK THE BOTTOM ● REVERSAL AND NOW ETH IS CONSOLIDATING I THINK A BREAKOUT WILL HAPPEN IN FIRST WEEK OF JULY FOLLOWED BY A BIG RALLY. $4,000 ETH IN Q3 IS MY TARGET.
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$BTC June has historically been a pretty slow month which was the case this time around as well. Price mostly chopped sideways and is going to end up pretty flat for the month of June. July has historically been a decent month but not insane. August & September are where we often see a big flush out but are also the dips you often want to be buying into the end of the year rally. We'll have yet to be seen if we get a similar scenario of course. But it's good to be aware of these seasonalities. That way you can also focus more on the larger timeframe and won't get spooked or get overexcited too easily.
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#BTC The multi-week Downtrend represents the price point of ~$105000 A Weekly Close above the Downtrend would be enough to confirm a break of it And if a post-breakout retest of it is needed next week, then that could mean price would dip into ~$104000 $BTC #Crypto #Bitcoin
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#BTC Dominance Now that Bitcoin Dominance has successfully retested 64% as support... History suggests there won't be any meaningful pullbacks for Bitcoin Dominance before 71% $BTC #Crypto #Bitcoin
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