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When will be the next bull run? 📈📈
October 2024
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Bitcoin Price Movement:$BTC Attempts to Break $97K but Retraces to $93K–$95K Range Over the past few days, Bitcoin (BTC) has experienced a notable push toward the highly anticipated $97,000 mark, driven by strong market sentiment, institutional interest, and optimism surrounding the broader cryptocurrency market. However, despite this bullish momentum, BTC failed to sustain the breakout and has since retraced, now stabilizing between the $93,000 and $95,000 range. The Push Toward $97K The upward momentum was largely fueled by growing anticipation around the next halving cycle’s impact, continued inflows into spot Bitcoin ETFs, and a generally bullish outlook across traditional markets. These elements combined to push BTC close to the $97,000 threshold—a price point many traders had been eyeing as a psychological barrier and a potential catalyst for further gains. Whale activity and short liquidations added to the upward pressure, with several large buy orders recorded on major exchanges like Binance and Coinbase. This surge prompted many to speculate whether BTC was preparing to enter a new price discovery phase. Resistance and Rejection Despite the bullish setup, Bitcoin encountered strong resistance just below the $97K mark. Profit-taking by short-term holders, along with macroeconomic uncertainties—including renewed concerns about interest rate policy in the U.S.—led to a short-term pullback. This resistance was compounded by a slight dip in ETF inflows and a cooling off in overall crypto market enthusiasm. As a result, BTC corrected back to the $93,000–$95,000 zone, a range that has acted as a support level over the past week. If Bitcoin can hold above the $93K support level, a renewed attempt at breaking $97K could materialize in the near term. However, failure to maintain that support might lead to a deeper correction toward the $90K level or lower. #BTCRebound
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Bitcoin Price Movement
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#Turbo Coin’s Crazy 2-Day Ride: Big Jump, Then Big Drop Turbo Coin (#$TURBOUSDT) had a wild two days. On the first day, the price went up fast. Many people were talking about it online, and lots of traders bought in. This made the price jump a lot and hit a new high. But on the second day, things changed. The price started to fall as people sold their coins to take profits. The excitement slowed down, and the coin couldn’t keep going up. Charts and indicators showed the trend was turning bearish (down). Turbo Coin still has a lot of fans, but this quick rise and fall shows how fast things can change with popular coins. Always be careful and smart when trading.
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🚨🚨 PEPE ALERT 🚨 🚨 #pepe hit its ATH by touching 0.00001119 $ What are your thoughts what would be the Pepe price by the end of May? #meme #pepealert
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Floki (FLOKI) is a decentralized cryptocurrency and a meme token, inspired by Elon Musk's Shiba Inu dog named Floki. It was created in 2021 and has gained a significant following and community support. Here are some key features and facts about Floki: - Decentralized: Floki operates on the Binance Smart Chain (BSC) and is decentralized, meaning no central authority controls it. - Meme token: Floki is often classified as a meme token, a cryptocurrency inspired by internet culture and memes. - Community-driven: Floki has a dedicated and active community, with a strong presence on social media platforms like Twitter and Telegram. - Deflationary: Floki has a deflationary mechanism, where a portion of transactions are burned (removed from circulation), reducing the total supply. - Limited supply: The total supply of Floki is capped at 10 trillion tokens. - Fast transactions: Floki operates on the BSC, allowing for fast and low-cost transactions. - Charity and donations: The Floki community has been involved in various charity initiatives and donations to animal welfare organizations. Please note that the cryptocurrency market is highly volatile, and investing in Floki or any other cryptocurrency carries risks. Always do your research and consider your risk tolerance before investing. #Floki
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