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absemolude
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#TrumpVsMusk Hello Binance Square family! 👋 Bitcoin (BTC) is currently exhibiting a classic Head & Shoulders pattern, a bearish reversal indicator that suggests a potential shift from the recent uptrend. This pattern, characterized by three peaks—the left shoulder, a higher head, and a right shoulder—signals that bullish momentum may be waning. --- 📊 Current Market Snapshot Current Price: ~$103,484 24h High / Low: $105,888 / $100,781 Key Resistance: $105,000 – $107,000 Key Support: $100,000 --- 🔍 Technical Analysis: Head & Shoulders Formation The Head & Shoulders pattern on BTC's chart is forming as follows: Left Shoulder: A peak formed with increased volume. Head: A higher peak, indicating strong bullish momentum. Right Shoulder: A lower peak, suggesting weakening momentum. The neckline, a support level connecting the lows between the shoulders, is crucial. A break below this line could confirm the bearish reversal, potentially leading to further declines. --- 📈 Trade Setup: Potential Short Opportunity Entry Point: Consider entering a short position if BTC breaks below the neckline support. Stop Loss: Place a stop loss above the right shoulder to manage risk. Take Profit Targets: TP1: $98,000 TP2: $93,000 TP3: $90,000 *Note: This setup is based on current technical patterns. Always conduct your own research and consider risk management strategies. *
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Hello Binance Square family! 👋 Bitcoin (BTC) is currently exhibiting a classic Head & Shoulders pattern, a bearish reversal indicator that suggests a potential shift from the recent uptrend. This pattern, characterized by three peaks—the left shoulder, a higher head, and a right shoulder—signals that bullish momentum may be waning. --- 📊 Current Market Snapshot Current Price: ~$103,484 24h High / Low: $105,888 / $100,781 Key Resistance: $105,000 – $107,000 Key Support: $100,000 --- 🔍 Technical Analysis: Head & Shoulders Formation The Head & Shoulders pattern on BTC's chart is forming as follows: Left Shoulder: A peak formed with increased volume. Head: A higher peak, indicating strong bullish momentum. Right Shoulder: A lower peak, suggesting weakening momentum. The neckline, a support level connecting the lows between the shoulders, is crucial. A break below this line could confirm the bearish reversal, potentially leading to further declines. --- 📈 Trade Setup: Potential Short Opportunity Entry Point: Consider entering a short position if BTC breaks below the neckline support. Stop Loss: Place a stop loss above the right shoulder to manage risk. Take Profit Targets: TP1: $98,000 TP2: $93,000 TP3: $90,000 *Note: This setup is based on current technical patterns. Always conduct your own research and consider risk management strategies. *#TrumpVsMusk
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$BTC Hello Binance Square family! 👋 Bitcoin (BTC) is currently exhibiting a classic Head & Shoulders pattern, a bearish reversal indicator that suggests a potential shift from the recent uptrend. This pattern, characterized by three peaks—the left shoulder, a higher head, and a right shoulder—signals that bullish momentum may be waning. --- 📊 Current Market Snapshot Current Price: ~$103,484 24h High / Low: $105,888 / $100,781 Key Resistance: $105,000 – $107,000 Key Support: $100,000 --- 🔍 Technical Analysis: Head & Shoulders Formation The Head & Shoulders pattern on BTC's chart is forming as follows: Left Shoulder: A peak formed with increased volume. Head: A higher peak, indicating strong bullish momentum. Right Shoulder: A lower peak, suggesting weakening momentum. The neckline, a support level connecting the lows between the shoulders, is crucial. A break below this line could confirm the bearish reversal, potentially leading to further declines. --- 📈 Trade Setup: Potential Short Opportunity Entry Point: Consider entering a short position if BTC breaks below the neckline support. Stop Loss: Place a stop loss above the right shoulder to manage risk. Take Profit Targets: TP1: $98,000 TP2: $93,000 TP3: $90,000 *Note: This setup is based on current technical patterns. Always conduct your own research and consider risk management strategies. *
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Trump Claims U.S. Could Save Billions and Billions by Cutting Elon Musk’s Government Subsidies & Contracts 🚀❌ “Why are we giving so much money to Elon?” Trump asks, hinting that slashing Musk’s deals could help America’s budget. 💸🇺🇸$BTC
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#TrumpVsMusk Trump Claims U.S. Could Save Billions and Billions by Cutting Elon Musk’s Government Subsidies & Contracts 🚀❌ “Why are we giving so much money to Elon?” Trump asks, hinting that slashing Musk’s deals could help America’s budget. 💸🇺🇸
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