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Portable Detective07
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Reason behind why we have to choose #Bitcoin : I only have this picture for now. . . . . Drop your opinion below ๐Ÿ‘‡ ๐Ÿ‘‡๐Ÿ‘‡๐Ÿ‘‡ . . . I donโ€™t have to prove anything. You can compare using the power of the internet or ask your grandparents. ๐Ÿ˜Š . . . $BTC #BTC

Reason behind why we have to choose #Bitcoin : I only have this picture for now.

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Drop your opinion below ๐Ÿ‘‡ ๐Ÿ‘‡๐Ÿ‘‡๐Ÿ‘‡

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I donโ€™t have to prove anything. You can compare using the power of the internet or ask your grandparents. ๐Ÿ˜Š

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$BTC #BTC

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Will #BITCOIN Dump Again โ‰๏ธ . . . . Yesterday was a volatile day for Bitcoin, with positive inflation rate and CPI data leading to a pump. However, the volume was relatively low, which is a concern. ๐Ÿชท Volume and Liquidity - The current volume is $36 billion, which is high in current market circumstances. - Yesterday, the volume was only up to $30 billion, which is relatively normal and not very bullish. - The markets are still quite illiquid. ๐Ÿชท Interest Rate Decision and Press Conference - The interest rate decision and press conference were relatively bearish, as the Fed acknowledged lower inflation but wants more data before cutting interest rates. ๐Ÿชท Technical Analysis - Bitcoin is in a consolidation range between $66,000 and $70,000. - A break above $70,000 with volume is needed to turn bullish. - Currently, there is no confirmation to be bullish. ๐Ÿชท Fundamentals - There is no bullish momentum coming from monetary policy in the US. - The dollar strength index has recovered, which is neutral. - It's summer, and volume is not great, which could lead to a choppy market. ๐Ÿชท Outlook - The market is likely to be choppy and move sideways in the short term. - A bearish breakout is more likely than a bullish one. - Support levels are at $65,000 and $64,000. - Today's initial jobless claims and continuing jobless claims data could impact the market, potentially leading to a bullish or bearish move. $BTC #BTCFOMCWatch #BTC #Trading
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