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CRYPTO PALACE
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#Bitcoin
Dominance is now at the support. Keep tight stop loss in all
#Altcoin
positions as we may see a bounce from here. Bitcoin also breaks the uptrend channel and altcoins will dump with
#BTC
.
#onecoinmultiplechains
#bnbgreenfield
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#bitcoin encountered a strong rejection at the $92,200–$92,600 resistance zone, leading to a sharp price drop. This decline followed the U.S. government's announcement that it would not be acquiring #btc for its strategic reserve. Now, all eyes are on the $89,500–$90,000 resistance, breaking above could spark bullish momentum. On the downside, key support lies between $83,200 and $83,800.
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#bitcoin☀️ recently tested the support zone on lower timeframes and rebounded. The price is currently hovering near the $100,000 mark, and we could witness more sideways action as the weekend progresses. #BTC☀ $BTC
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Following a notable price surge, #Bitcoin has retraced back to a key support level and is showing resilience in this area—a promising sign for potential stability. We might see some consolidation around this support zone before the next significant move. Brace for heightened volatility in the days ahead. #BTC☀ #crypto #TechnicalAnalysis
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As #Bitcoin broke above the local resistance level, it encountered strong selling pressure, as indicated by a wick signaling price rejection. We might see another retest of this resistance zone, so let's keep an eye on how the price reaction #BTC #Binance #TradingTips"
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