ARB trade UPDATE !!!! Closed the trade now with a good pro | Man-chr on Binance Square

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ARB trade UPDATE !!!!Closed the trade now with a good profit
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$BTC dilemma So as my system tells me to go short i feel these urge not to. On all my timeframes (which my system is based on) the trend reversed and its in rare situations like this that i am uncertain of any outcome of the price. What my years in the markets (forex & crypto) tell me right now is to take a step back and let what ever is going to happen,happen. I would never short in to weakness. I am not saying that bitcoin is doomed neither that is going to 20k like the others are telling you but what i think will happen now is very simple Outcome 1: We will consolidate for a few days or weeks for that matter ranging from 60k all the way to 68k which by the way are the places with the most liquidity Outcome 2: We take the liquidity sitting around the 64000 and then shoot up towards the all time highs. Personally i am in the middle.. This is why when the big institutions came in i and a few fellow traders were not happy, we knew that they would manipulate the prices all the time and no one would be able to tell them otherwise. $ETH $HBAR #BTCFOMCWatch #CPIAlert #ETHETFsApproved #altcoins #BTC

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Why are so many people calling this few days the end of the bullmarket ? $BTC As I mentioned earlier, when a bunch of so-called “influencers” claim that the bull market is over or that the price is going to drop below 50k, you know it’s the perfect time to BUY. I've been watching the markets closely for the past few days, and if we manage to close today’s candle above my support level of 66,000, then the uptrend remains intact. Based on my technical analysis, I expect we'll revisit 68,000, causing all the late shorts with high leverage to get rekt. And of course don’t forget about $ETH When the ETF’S start trading i think we could see 4500-5000 easily. Also i would keep an eye on $HBAR #BTCFOMCWatch #CPIAlert #ETHETFsApproved #Bitcoin❗

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Outside of $BTC what else should you buy ? I am 100% against holding a thousand different altcoins, and there are a few reasons for that. The most important is that you can't effectively monitor all of them at the same time. Most of them end up being hit or miss, or worse, pump and dump schemes. What I prefer to do is hold maybe 2 or 3 altcoins that my analysis suggests could increase in price by at least 30-50%. For example, I mostly hold $ETH ,$HBAR , SOL, and of course, the king—BTC. With a small number of coins, I can manage them quite easily. With yesterday’s post, I said that BTC would reach $69,000, and it happened perfectly, as it has many times before. If you want to see for yourself, just visit my older posts. So, when people try to tell you that technical analysis doesn’t work, it’s because they have no idea what it is and will never know how to use it. #Megadrop #ETHETFsApproved #altcoins #btc70k

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As expected from $BTC Yesterday, I mentioned that BTC would likely target the liquidity around the $69,000 area. It briefly made an attempt but was pushed back down by the bears. According to my technical analysis, there’s still a good chance it will absorb the liquidity at the $69,000 level. Additionally, the GDP growth rate of 1.3% indicates that inflation has slowed down, which significantly impacts the crypto market and today’s upward movement. I expect BTC to continue rising with tomorrow’s London session. I want to thank all my followers who continue to support me by tipping me and helping me create valuable and informative content for them. $ETH $HBAR #btc70k #altcoins #BlackRock

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$BTC price continuation? I hope everyone is having an amazing day. Looking at our daily timeframe, BTC is still showing bullish behavior and hasn't broken its trend. The higher low is around the 51,000 mark. It's important to understand that for a higher low to form, there must first be a higher high. In this case, the higher high is at the all-time high. To confirm a new higher low around the 57,500 area, we need to break the all-time high and establish a new higher high. Don't be misled by those claiming BTC is in a downtrend based on the 5-minute timeframe. Additionally, there's 350 million dollars sitting at the 69,000 level, making a move towards that liquidity likely. I also want to thank everyone who tipped me and supported my daily informative posts. Your support means a lot. $HBAR $ETH #ETHETFsApproved #FIT21 #btc70k #altcoins #MicroStrategy

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