🚨Market update🚨
#BTC/USDT
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Here's a quick update on the BTC Daily chart . Bitcoin doesn't look too good atm - there's potentially more downside to come. The RSI hasnt been this low since the pandemic crash and a lot of others indicators aren't showing much strength. The price broke down from the big head & shoulder pattern and the target is all the way down at 19k. We do not think we will see the 19k region in this downtrend but we do think that we might get down to 24k, if the price doesnt hold above 30k.
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Crypto signals premium
JUST IN : 💰🚨Spot BTC ETF Investors Now in the Red.
The average holder of Spot #BTC-ETFs has slipped into negative territory as market prices continue to decline.
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📣@cryptonewstel
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JUST IN : 💰🚨 Peter Brandt Said "If the U.S. really wants #BTC as a reserve asset, just nuke the price to $30K, force Saylor to liquidate, and scoop everything cheap".
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📣@cryptonewstel
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#BTC💰
🤝And at the end of the day I want to break bitcoin and what is happening and what to expect, as we can see we have not the first day of the fall, and I think many people have already begun to panic and expect a hike to 30,000, so I suggest to break bitcoin briefly, if someone will be interested, tomorrow we will break it in more detail, so put lights under this post, and tomorrow I will release for you a lot of useful information.
🔎So at the moment we see that bitcoin is taking down the minimum, which is marked on the chart, and now the most important thing is either to get for the crepe daily if above, or below, if we fastened above, we can safely go to 70000$, if we do for the crepe below, then hello overlapping the minimum at 49098$, and as I see the situation, we are likely to go for the second scenario, namely to overlap the low.
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MARKET UPDATE
1yr HODL wave currently going parabolic. Now showing that 57% of #BTC has not moved on chain over the past year!
Long-term HODL'ers unfazed by short-term noise
Are you ready for bullish Q1? 😏🚀
Crypto signals premium
#BTC
👀As promised, here is the breakdown on bitcoin, as we can see, we have liquidity pools formed both above and below that are bound to be withdrawn.
But let's start from the structure, and it is ascending, plus we have large liquidations both above and below, globally, we have more liquidations above and closer, so I assume the option of withdrawal of the upper pool, followed by a decrease to overlap the lower pool
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