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BITCOIN BEARISH MODE SO READY FOR $50,000 ?#BITCOIN BEARISH ALERT Market Status: Bearish Key Observations: Pattern Breakdown: Bullish Pennant formation has been compromised. Trend Line Status: Currently trading below the key trend line. Targets: $50,000 Condition: This target is set under the condition that #BTCUSDT remains below $65,500. Keep a close eye on the price movement. A sustained position below $65,500 could confirm the bearish momentum towards our target. Stay tuned for further updates! CRYPTOCAP:BTC #Cryptocrash
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by CryptoPatel
Bitcoin Symmetrical Triangle Fake breakout#BitcoinUpdate | CRYPTOCAP:BTC Trading Insights Current Formation: CRYPTOCAP:BTC is sculpting a Symmetrical Triangle, suggesting a pivotal movement ahead. Recent Activity: Noticed a Fake Breakout with $BTC/USDT, reverting to trade within the Symmetrical Triangle. Bearish Alert: Caution if #BTC plunges below $65k. This level is a critical juncture for future trends. Strong Support: Steadfast at $65,000. Bulls dominate above this threshold. Trading Strategy: Hold your trades until a clear Symmetrical Triangle Breakout. Patience is key. Bullish Outlook: An upward breakout could signify a monumental bull run for Bitcoin. Engage & Share: RT/Like if you find this setup aligned with your market expectations. Let’s ride the wave together!
by CryptoPatel
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#Bitcoin Big Fight: Bulls vs. Bears ( Fresh Update )#Bitcoin Big Fight: Bulls vs. Bears ( Fresh Update ) Hey everyone! Right now, Bitcoin is at $66,233 Key Points: Big Move Alert: If Bitcoin jumps over $70,500, we might just see it hit $100,000 super fast. Bulls' Hope: Watch out for $62,500. If we stay above this, the bulls have a chance to keep the party going. Bears' Target: If we fall under $62,500, we could be heading down to $50,000. Important Levels: Support (Bulls' Floor): $62,500 Resistance (Wall to Break): $71,000
by CryptoPatel
Charting the Future: $BTC HTF Analysis (2024-2026)Bitcoin recently hit a new ATH of around $74k and is now showing signs of forming a local top before a potential correction. There is a significant amount of liquidation expected below $50,700. The next $Bitcoin halving is predicted to occur on April 21, 2024. The first support level is at 60k, followed by support around 40k. A correction to 50k is expected before potentially reaching 100k. Buying below 60k could be a good opportunity. Sell after the second quarter of 2025. In my opinion, do your own research before making any decisions. Good Luck! CRYPTOCAP:BTC
COINBASE:BTCUSDLong
by femtoxbt
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BTC Bitcoin Sell-Off and COIN Coinbase potential HackIf you haven`t bought BTC before the rally: Then you need to know that today Coinbase's trading engine experienced a disruption during ETF trading hours, causing a significant impact on individuals actively trading Bitcoin on the platform and leading to a substantial drop in its price. The aftermath of the incident saw the price recovery after ETFs purchased actual Bitcoin for the next trading day (T+1). However, questions arose regarding the cause of the price decline. While Coinbase's outage played a role, suspicions arose about other exchanges possibly exerting considerable selling pressure. The speculation was whether Coinbase was the main stabilizing force and if there were other irregularities in play. Concerns escalated, leading to speculation about a potential Hack on Coinbase. Users reported missing assets, and both phone and chat support were inaccessible during a critical market moment. The situation highlighted the vulnerability of relying on centralized exchanges, emphasizing the importance of having control over one's private keys to ensure ownership and security of crypto assets. The overall consequence was a market downturn, signaling a potential local top. My Price Target for Bitcoin is $51K.
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by TopgOptions
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