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#MarketPullback #BTC DOMINANCE ANALYSIS BTC Dominance continues to consolidate within a rising wedge pattern and is currently facing rejection from the resistance trendline. The 21-day moving average is acting as key support just below the price action. A breakdown below both the 21MA and the wedge’s lower boundary would signal a shift toward bearish momentum, indicating a potential decline in Bitcoin’s relative strength. Keep in mind, BTC Dominance often moves inversely to the altcoin market cap—continued weakness here could favor altcoin performance.
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#USStablecoinBill #BTC DOMINANCE ANALYSIS BTC Dominance continues to consolidate within a rising wedge pattern and is currently facing rejection from the resistance trendline. The 21-day moving average is acting as key support just below the price action. A breakdown below both the 21MA and the wedge’s lower boundary would signal a shift toward bearish momentum, indicating a potential decline in Bitcoin’s relative strength. Keep in mind, BTC Dominance often moves inversely to the altcoin market cap—continued weakness here could favor altcoin performance.
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#BTC DOMINANCE ANALYSIS#BTCNextATH #BitcoinReserveDeadline #BinanceLaunchpoolSXT $BTC BTC Dominance continues to consolidate within a rising wedge pattern and is currently facing rejection from the resistance trendline. The 21-day moving average is acting as key support just below the price action. A breakdown below both the 21MA and the wedge’s lower boundary would signal a shift toward bearish momentum, indicating a potential decline in Bitcoin’s relative strength. Keep in mind, BTC Dominance often moves inversely to the altcoin market cap—continued weakness here could favor altcoin performance.
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#BTCNextATH $BTC #Write2Earn! #BinanceSquareFamily #BTC/USDT ANALYSIS Following the breakout from the falling wedge pattern, Bitcoin has shown a strong bounce and is currently trading above a key horizontal S/R level. A retest of this level is anticipated. The Ichimoku Cloud is providing support, indicating underlying strength. Keep a close watch on further price action for confirmation of the next move.
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#BTCNextATH 😵 Short 🔴 : Bitcoin (BTC): Analysis of Liquidity Seeking Behavior and Potential Breakout Pair: #BTCUSDT.P Interval: 240 Date: 30/04/2025 10:40 Exchange: BingX Bitcoin is currently trading above the major resistance line, yet buyer control over this zone is uncertain. Despite recent liquidation hunts, the price remains near the resistance. Clarity will require a breakout like BOS or a significant selloff pushing the price below the resistance zone. The anticipated breakdown is awaited due to buyer struggles. #BTCUSDT.P is tradable on BingX 🚀💰 #BTCUSDT.P | #BTC | #BingX
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