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Emer21
249 Posts

Emer21

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Bullish
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Bitcoin was rejected at the 50-week moving average (50W MA). We need to close the weekly candle above it to confirm that the $57,000 marked the bottom and that the real bull market has started. What’s worrying is that, the last two times Bitcoin was rejected at this point, there was a significant drop. If $BTC closes below the 50-week moving average, the next support lies at $75,500. If this level breaks, the next key point to watch is the 200-week moving average (200W MA), which is currently around $65,000. $BNB $ETH #EtherRalliesAsBearishBetsLiquidate #ClarityActFacesProceduralVoteSept15 {spot}(BTCUSDT)
Bitcoin was rejected at the 50-week moving average (50W MA). We need to close the weekly candle above it to confirm that the $57,000 marked the bottom and that the real bull market has started.

What’s worrying is that, the last two times Bitcoin was rejected at this point, there was a significant drop.

If $BTC closes below the 50-week moving average, the next support lies at $75,500. If this level breaks, the next key point to watch is the 200-week moving average (200W MA), which is currently around $65,000.

$BNB
$ETH

#EtherRalliesAsBearishBetsLiquidate
#ClarityActFacesProceduralVoteSept15
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Bearish
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Bearish
$BTC It is located right at the 50W EMA level. A weekly close below this level could drive Bitcoin toward $72,000-$74,000. {spot}(BTCUSDT)
$BTC It is located right at the 50W EMA level.

A weekly close below this level could drive Bitcoin toward $72,000-$74,000.
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Purchase orders for $BTC within a range of between 75,000 and 76,500 dollars. If this price level is lost, the drop in Bitcoin’s price could accelerate. $ETH $BNB {future}(BTCUSDT) {spot}(ETHUSDT)
Purchase orders for $BTC within a range of between 75,000 and 76,500 dollars.

If this price level is lost, the drop in Bitcoin’s price could accelerate.

$ETH
$BNB
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The Federal Reserve is heading towards a rate hike. Recently, U.S. Producer Price Index (PPI) data was released, coming in at 5.4% versus the expected 5.3%. At the same time, the price of oil surpassed $100, increasing inflationary pressure. On the other hand, employment data was positive, leaving the Federal Reserve with only one option: Raise rates and reduce inflation. If the Federal Reserve waits any longer, it will have to make aggressive hikes like those in 2022, which would seriously harm the markets. $BTC $BNB #EUExtendsCentralContactPointToCASPs #US10YTreasuryYieldHitsHighestSinceNov2023 {spot}(BTCUSDT)
The Federal Reserve is heading towards a rate hike.

Recently, U.S. Producer Price Index (PPI) data was released, coming in at 5.4% versus the expected 5.3%.

At the same time, the price of oil surpassed $100, increasing inflationary pressure.

On the other hand, employment data was positive, leaving the Federal Reserve with only one option:

Raise rates and reduce inflation.

If the Federal Reserve waits any longer, it will have to make aggressive hikes like those in 2022, which would seriously harm the markets.

$BTC
$BNB

#EUExtendsCentralContactPointToCASPs
#US10YTreasuryYieldHitsHighestSinceNov2023
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