$BTC Market Analysis
BTC has recently undergone a strong V-shaped recovery, signaling a potential reversal of previous bearish trends. However, it is now approaching a key horizontal resistance level.
If BTC manages to break out above this resistance and subsequently retests the level as support, this would provide a strong bullish signal.
Conversely, if BTC faces rejection at the horizontal resistance and fails to break through, this could be a warning of a potential correction.
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VIP NEWS
Blackrock's Head of Crypto Sees Bitcoin as 'Risk Off' Asset Despite Stock Correlation
Blackrock’s digital asset chief sees bitcoin as a “risk-off” asset even though it has shown a pattern aligned with U.S. stocks. He drew parallels between bitcoin and gold, pointing to its decentralized structure and limited supply as crucial factors setting it apart. Blackrock’s increasing engagement with bitcoin is also reflected in the strong performance of its spot bitcoin exchange-traded fund (ETF).
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- Bitcoin Bullets® Trading
Bitcoin Bullets® Market Analysis
SEPTEMBER 25th, 2024
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⚪️TECHNICAL (H4)
The price action of $BTC successfully bounced back from its horizontal support level, forming two highs, but failed to break through. 📉🔄
The price is respecting its resistance region, marked between $64,979 and $64,210. 📊🛑
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$BTC DAILY RANGE:
📈Upper Limit: [VIP ONLY]
📉Lower Limit: [VIP ONLY]
(+-6.01% based on moving average volatility open/endpoints)
📌SCALP ENTRIES (VIP)
(*Advanced traders only - moderate/high risk)
🔵LONG
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🔴SHORT
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📌INSIDER UPDATE
JUST IN: Caroline Ellison receives a 24-month prison sentence in connection with the FTX fraud case.
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Bitcoin Bullets® Trading
$BTC Market Analysis
BTC is currently testing a key horizontal resistance level on the daily timeframe, with indecision candles forming just below this zone. These candles signal market hesitation, as neither buyers nor sellers are establishing clear control.
If BTC successfully breaks out above this resistance and holds a retest, it would confirm bullish momentum and signal a potential upward trend continuation.
Conversely, a rejection at this level would indicate the resistance is holding strong, increasing the likelihood of a corrective move or consolidation phase before any further attempts to break higher.
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BRICS to Discuss Alternative Payment Platforms at Upcoming Summit
Russian Foreign Minister Sergey Lavrov announced that a report on alternative payment systems for BRICS nations will be presented at an upcoming summit in Kazan. The proposal, led by Brazilian President Lula da Silva, seeks to reduce reliance on traditional financial platforms. Lavrov emphasized the increasing use of national currencies in BRICS trade, particularly with China and India, and positioned the shift as part of a broader dedollarization trend, underlining the waning dominance of the U.S. dollar in global trade.
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📌$ARB/USDT (LONG)
Leverage: 5-10x
0.5234
0.5350
0.5500
0.5700
0.6000
0.6200
Profit: 209.4% (10X)🥂🔥
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📌$FTM/USDT (LONG)
Leverage: 5-10x
STATUS UPDATE
0.4394✅
0.4500✅
0.4700✅
0.5000✅
0.5200✅
0.5500✅
0.6000✅
0.6500✅
Profit: 684.1% (10x)🥂🥂
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VIP NEWS
US Indicts Two in $260M Bitcoin Heist and Laundering Scheme
Two individuals have been arrested for orchestrating a large-scale cryptocurrency heist, stealing over 4,100 bitcoins. Their complex laundering operation involved using multiple mixers and VPNs to cover their tracks. With the stolen funds, they lived lavishly, buying luxury cars and other high-end items.
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📌INSIDER UPDATE
BREAKING: 🇨🇳 China M1 money supply suffers largest decline in history
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$ETH Market Analysis
ETH is regaining momentum after retesting the horizontal support of an ascending triangle pattern, a bullish continuation formation.
As long as ETH trades above the horizontal support, the bullish outlook remains intact. This signals that buyers are likely to continue pushing the price higher.
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Bitcoin Bullets® Trading
📌$ARB/USDT (LONG)
Leverage: 5-10x
0.5234
0.5350
Profit: 57.7% (10X)🥂🔥
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- Bitcoin Bullets® Trading
$BTC Market Analysis
BTC surged following the breakout from the descending triangle pattern, showing strong bullish momentum. Currently, it is testing a key horizontal resistance level. A successful breakout and subsequent retest above this resistance would confirm a bullish trend continuation, signaling the potential for further gains.
However, a rejection at this level could indicate a temporary pullback or consolidation before the next decisive move unfolds. Traders should watch this area closely for confirmation of the next direction.
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Bitcoin Bullets® Trading
📌$BNT/USDT (LONG)
Leverage: 5-10x
0.475
0.48
0.485
0.49
0.5
Profit: 260.2% (10X)🥂🔥
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📌INSIDER UPDATE
🇺🇸 Donald Trump says he will remove US sanctions on Russia and Iran because it's hurting the dollar.
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📌$SNX/USDT (LONG)
Leverage: 5-10x
1.460
1.500
1.540
1.580
1.620
Profit: 147.3% (10X)🥂🔥
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📌$POWR/USDT (LONG)
Leverage: 5-10x
0.1907
0.1925
0.195
0.198
0.201
0.21
Profit: 340.4% (10X)🥂🔥
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Bitcoin Bullets® Market Analysis
SEPTEMBER 24th, 2024
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⚪️TECHNICAL (H4)
As expected, the price action showed an upward movement and filled the upper-side liquidity level. 📈💥
As anticipated, it has rejected that level and is playing out accordingly. 🔄📉
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$BTC DAILY RANGE:
📈Upper Limit: [VIP ONLY]
📉Lower Limit: [VIP ONLY]
(+-6.01% based on moving average volatility open/endpoints)
📌SCALP ENTRIES (VIP)
(*Advanced traders only - moderate/high risk)
🔵LONG
💲[VIP ONLY]
🔴SHORT
💲[VIP ONLY]
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📌INSIDER UPDATE
BREAKING‼️ Telegram will share users’ IP addresses and phone numbers” to governments when legally required.
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Bitcoin Bullets® Trading
$BTC Market Analysis
The price of BTC is currently consolidating just below a key horizontal resistance level, indicating a period of accumulation. A successful breakout above this resistance, followed by a retest that holds as support, would serve as a strong bullish confirmation, suggesting the continuation of an upward trend.
However, if BTC faces rejection at this level, it could signal the likelihood of a short-term corrective phase before the next upward move.
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Bitcoin Bullets® Trading
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SEPTEMBER 23rd, 2024
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⚪️TECHNICAL (H4)
The price action of $BTC on the H4 timeframe played out the compression level but successfully held its horizontal support between $62,956 to $62,430.
The price action has since bounced back from this level and is now heading towards the liquidity levels marked between $64,979 to $64,210 📈.
This could suggest a further upward movement as the price action targets these liquidity areas.
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$BTC DAILY RANGE:
📈Upper Limit: [VIP ONLY]
📉Lower Limit: [VIP ONLY]
(+-6.01% based on moving average volatility open/endpoints)
📌SCALP ENTRIES (VIP)
(*Advanced traders only - moderate/high risk)
🔵LONG
💲[VIP ONLY]
🔴SHORT
💲[VIP ONLY]
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Bitcoin Bullets® Trading
📌$SNX/USDT (LONG)
Leverage: 5-10x
1.460
1.500
1.540
1.580
1.620
Profit: 120.1% (10X)🥂🔥
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