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Sm Hridoy Ahmed
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$BTC
RSI overbought signal, will it be going high or will be a trap? 👀
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Sm Hridoy Ahmed
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On May 22, 2025, the crypto community celebrates Binance Pizza Day, marking the historic 2010 Bitcoin transaction where Laszlo Hanyecz bought two pizzas for 10,000 BTC—now worth millions! Hosted by Binance, this global event honors Bitcoin’s journey from niche digital currency to mainstream asset. Communities gather for pizza parties, crypto meetups, and online events, sharing slices and stories of blockchain’s impact. Binance encourages users to reflect on crypto’s growth, offering promotions, trading contests, and giveaways. Whether you’re a hodler or newbie, join the fun, grab a pizza, and celebrate the decentralized revolution that started with a simple meal. Share your #BinancePizzaDay🍕 moments and let’s keep pushing crypto forward. 🚀 “If you're not buying Bitcoin at the ATH then you're leaving money on the table.” — Michael Saylor 🔝
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May 16, 2025: Dogecoin $DOGE trades at approximately $0.2284, reflecting a 4% decline over the past 24 hours. Technical indicators show mixed signals: the Relative Strength Index/RSI at 71.38 suggests overbought conditions, hinting at a potential short-term pullback. The 50-day moving average $0.1880 supports a bullish trend, but the price struggles below the 9-day SMA, forming a bearish descending triangle. Support lies at $0.2170, with resistance at $0.2304. Market sentiment remains cautiously optimistic, driven by community support and potential ETF developments, though volatility persists due to macroeconomic factors and speculative trading. Just HODL the DOGEcoin. 📈
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Altcoin season is gearing up, with market dynamics signaling a potential surge in alternative cryptocurrencies. Current prices reflect a mix of anticipation and volatility, as Bitcoin dominance wanes and capital flows into altcoins. Projects with strong fundamentals, like Ethereum, Solana, and emerging layer-2 solutions, are gaining traction, driven by innovation in DeFi, NFTs, and scalability. Speculative fervor is also boosting smaller-cap coins, though risks of sharp corrections remain. On-chain data shows increased trading volume and wallet activity, hinting at retail and institutional interest. While Bitcoin still anchors the market, altcoins are poised for significant moves, with prices likely to test key resistance levels as investor sentiment heats up in this cyclical rally. #AltcoinSeasonLoading
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“Smart money doesn’t follow the crowd — it moves before the crowd even notices.” Money isn't made when you trade, it's made when you wait. 🙌🔥
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Based on the provided Bitcoin weekly chart from TradingView, BTC has recently broken out of a descending triangle pattern, suggesting bullish momentum. The price is currently around $94,686, with a potential target near the recent high of $110,000, as indicated by the upward trendline. The chart shows a strong support zone between $65,458 and $90,000, which could act as a cushion if a pullback occurs. Given the breakout and historical price action, BTC may see a short-term increase toward $110,000 in the upcoming days, potentially reaching $120,000 if bullish sentiment persists. However, volatility is expected, and a drop below $90,000 could signal a reversal. Monitor volume and key resistance levels for confirmation. #Trump100Days
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