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#BTC120kVs125kToday #USCryptoWeek #MemecoinSentiment #StrategyBTCPurchase #SoftStakimg enjoy the bull run
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$BTC Next Move - What to Expect
- Bitcoin has recently painted new all-time highs, with prices surging past $118,000. This impressive rally has many wondering what the immediate future holds for the world's leading cryptocurrency.
- Bullish Momentum Continues
The prevailing sentiment among analysts suggests a continuation of the bullish trend. Bitcoin has consistently respected its 20-day EMA, a key indicator of a healthy uptrend. On-chain data indicates that "smart money" (institutional players and long-term holders) have been accumulating during quieter periods, a classic precursor to significant price moves. Furthermore, substantial short liquidations have fueled the recent ascent, adding to the buying pressure.
- Key Levels to Watch
While the momentum is strong, traders should monitor key support and resistance levels. Immediate resistance is eyed around $120,000, with a potential push towards $125,000 and even $135,000 if the current buying frenzy sustains. On the downside, strong support is established around $114,000, which if broken, could lead to a retest of the $110,000 zone. Maintaining these support levels is crucial for a continued healthy ascent. The market appears to be maturing, with consolidations acting as springboards for further gains, rather than sharp, volatile spikes.
#BTCBreaksATH #ETHBreaks3k #ShariaEarn #TrendTradingStrategy #BinanceTurns8
- Bitcoin has recently painted new all-time highs, with prices surging past $118,000. This impressive rally has many wondering what the immediate future holds for the world's leading cryptocurrency.
- Bullish Momentum Continues
The prevailing sentiment among analysts suggests a continuation of the bullish trend. Bitcoin has consistently respected its 20-day EMA, a key indicator of a healthy uptrend. On-chain data indicates that "smart money" (institutional players and long-term holders) have been accumulating during quieter periods, a classic precursor to significant price moves. Furthermore, substantial short liquidations have fueled the recent ascent, adding to the buying pressure.
- Key Levels to Watch
While the momentum is strong, traders should monitor key support and resistance levels. Immediate resistance is eyed around $120,000, with a potential push towards $125,000 and even $135,000 if the current buying frenzy sustains. On the downside, strong support is established around $114,000, which if broken, could lead to a retest of the $110,000 zone. Maintaining these support levels is crucial for a continued healthy ascent. The market appears to be maturing, with consolidations acting as springboards for further gains, rather than sharp, volatile spikes.
#BTCBreaksATH #ETHBreaks3k #ShariaEarn #TrendTradingStrategy #BinanceTurns8
120k
33%
115k?
67%
12 votes • Voting closed
$SOL Buy 164.4
Target 1: 166
Target 2: 168
Target 3: 170
stop loss: 163
$SOL
#BTCBreaksATH #ShariaEarn #TrendTradingStrategy #BinanceTurns8 #solana
Target 1: 166
Target 2: 168
Target 3: 170
stop loss: 163
$SOL
#BTCBreaksATH #ShariaEarn #TrendTradingStrategy #BinanceTurns8 #solana
#LTC Buy 97.5
Target 1: 100
Target 2: 102
Target 3: 110
stop loss: 96
#BTCBreaksATH #ETHBreaks3k #ShariaEarn #BinanceTurns8
Target 1: 100
Target 2: 102
Target 3: 110
stop loss: 96
#BTCBreaksATH #ETHBreaks3k #ShariaEarn #BinanceTurns8
#SpotVSFuturesStrategy #BinanceTurns8 Join us in the #BinanceTurns8 celebration and win a share of up to $888,888 in BNB!
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