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KOLYAN TREND - NFT and METAVERSE
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🚀 Bitcoin Could Wipe Out $15B in Shorts With Just 10% Price Jump Bitcoin traders are closely watching key support and resistance levels as the weekly close approaches. Data suggests a 10% upward move could trigger $15 billion in short liquidations. The market remains tense as both bulls and bears position for potential volatility. Analysts note that reclaiming certain price zones could lead to a significant liquidity grab. If this was interesting, be sure to subscribe to me.
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🚨 Bitcoin's $150K Year-End Target Faces Key Challenge A bearish RSI divergence pattern has emerged in Bitcoin's price action, mirroring conditions seen during the 2021 bull run. This technical indicator historically preceded significant corrections. Analysts note the current setup could trigger a 50%+ pullback, potentially driving BTC toward $64,000. Such a move would test the optimistic $150,000 price projections for December. The divergence between price momentum and RSI readings suggests weakening bullish strength despite recent highs. Market watchers are closely monitoring whether Bitcoin can overcome this technical hurdle. If this was interesting, be sure to subscribe to me
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🚀 Bitcoin's $150K Year-End Target Faces Key Challenge A bearish RSI divergence pattern has emerged in Bitcoin's price action, mirroring conditions seen before the 2021 market correction. This technical indicator suggests BTC could experience a significant pullback. The current setup points to a potential 50%+ price drop, which would bring Bitcoin down to the $64,000 range. Such a move would make the $150K year-end price target considerably harder to achieve. Market analysts note the similarity to previous cycles where RSI divergences preceded major corrections. However, Bitcoin has historically shown resilience after such pullbacks. If this was interesting, be sure to subscribe to me.
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🚀 Bitcoin's $150K Year-End Target Faces Key Challenge A bearish RSI divergence pattern has emerged in Bitcoin's price action, mirroring conditions seen before the 2021 market correction. This technical indicator suggests BTC could face a potential 50%+ pullback toward $64,000. The development casts doubt on optimistic projections of Bitcoin reaching $150,000 by year-end. Similar RSI patterns preceded significant downturns in previous cycles, though past performance doesn't guarantee future results. Market watchers are closely monitoring whether Bitcoin can maintain its current support levels or if the technical warning will materialize into a deeper correction. The next few weeks may prove decisive for BTC's medium-term trajectory. If this was interesting, be sure to subscribe to me.
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🚨 Singapore's Crypto Crackdown: No Safe Haven for Ousted Firms Singapore's recent move to expel unlicensed crypto firms didn't happen overnight. The city-state has been gradually tightening licensing requirements, joining other global regulators in clamping down on non-compliant players. Unlike previous crypto winters where firms could easily relocate, options are shrinking as jurisdictions worldwide implement stricter rules. The era of regulatory arbitrage may be ending as major markets demand full compliance. If this was interesting, be sure to subscribe to me.
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