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Eternel insatisfait
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#Bitcoin    Bullish Engulfing Candle!💥 Interesting developments on the daily TF: - #BTC    printed a bullish engulfing candle which is a reliable reversal pattern. - It retested the Tenkan 🔴 and is back not only in the Kumo cloud again but above Kijun 🔵. #Bullish 🚀

#Bitcoin    Bullish Engulfing Candle!💥

Interesting developments on the daily TF:

- #BTC    printed a bullish engulfing candle which is a reliable reversal pattern.

- It retested the Tenkan 🔴 and is back not only in the Kumo cloud again but above Kijun 🔵.

#Bullish 🚀

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#BTC    The Bitcoin "Danger Zone" The Bitcoin Pre-Halving "Danger Zone" (orange) is where historical Pre-Halving Retraces have begun Historically, Bitcoin has performed Pre-Halving Retraces 14-28 days before the Halving This cycle was no different and here's why: Because Bitcoin experienced its first -18% Pre-Halving Retrace approximately 30 days before the Halving History repeated in that respect In fact, in 2016 Bitcoin began its Pre-Halving Retrace 28 days before the Halving and in 2024 it was 30 days before the Halving This 2024 closely mirrored the 2016 in this respect Which is why a Post-Halving "Danger Zone" (purple) also repeated for Bitcoin in this cycle as well The Bitcoin Post-Halving "Danger Zone" In 2016, Bitcoin produced a long -11% downside wick approximately 21 days after the Halving before reversing towards the upside Bitcoin is currently 21 days after the Halving And 2016 history showed that downside volatility around the Re-Accumulation Range Low (green horizontal level) tends to occur And indeed it also occurred in this cycle, with a -6.5% downside wick occurring 14 days after the Halving The "Danger Zone" has been satisfied as a result Overall, the purple Post-Halving "Danger Zone" is on the cusp of ending and Bitcoin just needs to hold above $60600 until the end of the week to be in the clear $BTC #Crypto #Bitcoin   
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Total Crypto Market Cap   2013: $9.7 Billion   2017: $740 Billion   2021: $3 Trillion   We haven't even hit the previous ATH, and people are calling for top 🤦‍♂   Crypto MCap will peak around $10T this cycle.    𝗛𝗮𝘃𝗲 𝘀𝗼𝗺𝗲 𝗽𝗮𝘁𝗶𝗲𝗻𝗰𝗲!
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#BTC    Deepest pullback in this cycle? This current retrace is officially the deepest (-23.6%), recently eclipsing the -22.9% retrace from early 2023 Longest pullback in this cycle? 63 days This current pullback is -23.6% deep and almost 50 days long Bitcoin has already eclipsed the deepest retrace in the cycle and has been one of the longest retraces in the cycle as well $BTC #BitcoinHalving #Bitcoin   
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#Bitcoin    Cycle Top Prediction! ⛰️💥 Assuming that returns tend to diminish as a market matures, Fibonacci circles could give us a hint on what #BTC    price cycle top could be: ➡️ $108,000. It's a conservative price prediction. I think it'll exceed it. What's your take?
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#BTC    The more Bitcoin consolidates anywhere between current price levels & $70,000 after the Halving... The more this cycle will decelerate and resynchronise with its regular historically-recurring Halving Cycle with a Bull Market peak in mid-September/October 2025 Current rate of cycle acceleration has been reduced from 260 days to ~210 days, thanks to Bitcoin's current two-month consolidation period $BTC #Bitcoin    #BitcoinHalving
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