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$BTC #BTC faces Bearish reversal KSI Bitcoin (BTC/USD) is signaling a potential bearish reversal after encountering persistent resistance in a critical zone, as highlighted by recent technical analysis on the daily chart. Multiple rejections at this resistance level have created strong selling pressure, marked clearly by red arrows on the chart. The breaking point came with a decisive break below the ascending trendline, confirming that the bullish momentum is waning and a bearish structure is likely forming. This shift is further supported by the Relative Strength Index (RSI) at 42.74, which is trending lower but not yet oversold, leaving ample room for Bitcoin to move further down before any relief bounce. Attention now turns to the 200-day Exponential Moving Average (EMA) around 103,179, which stands as a dynamic support level. Should the price continue its descent, this EMA zone will be a critical test for the bulls. The target for this bearish move is set between 100,720 and 100,419, where further support is expected. Traders should watch for price action around these levels, as failure to hold the 200 EMA could lead to extended downside. This outlook suggests a cautious approach for bullish holders as Bitcoin navigates this pivotal technical phase. This analysis is a clear indication that Bitcoin’s recent upward momentum is under threat, underscoring the importance of key support zones in the days ahead for the cryptocurrency’s path forward. Stay alert for updates as the market unfolds.
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#CryptoIntegration Google has clarified its Play Store policy after facing backlash from cryptocurrency developers. The initial policy banned crypto wallets in the US and EU without federal licenses without any distinction between custodial and non-custodial wallets. The incident highlights the growing pains of integrating decentralized technologies into mainstream app ecosystems. The company's responsiveness to developer feedback demonstrates how Web2 platforms are adapting to accommodate the unique aspects of blockchain technology while balancing innovation. 💬 How do you see the relationship between Web2 platforms and Web3 technologies evolving over the next few years? 👉 Complete daily tasks on Task Center to earn Binance Points: • Create a post using #CryptoIntegration , • Share your Trader’s Profile, • Or share a trade using the widget to earn 5 points!
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#CreatorPad #CreatorPad The CreatorPad initiative sounds incredibly appealing, especially due to its focus on environmental sustainability. Earning rewards through tasks while interacting with "Tree Token" is not only a fun way to engage in the world of cryptocurrencies but also promotes an important cause: taking care of our planet.#ProjectCrypto
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