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Bitcoin and Ether Up 3% as Traders Capitalize on Lower Prices
Bitcoin and Ether rebounded modestly on Tuesday after a sharp decline triggered by broader market jitters.
Bitcoin rose 3%, trading at about $55,609 as of 4:30 UTC, but is down 17% over the past week. Similarly, Ether gained 3%, reaching $2,494, though it has fallen 25% in the last week.
Analysts believe the recent price uptick signals that investors are taking advantage of the recent market downturn to purchase cryptocurrencies at lower prices. However, overall market sentiment remains wary as there are concerns that this could be the beginning of a more extensive liquidation of crypto holdings
The recent downturn in cryptocurrencies, including significant losses in the last 24 hours, accompanies a broader sell-off of risk assets over the past three days. According to Coinglass data, this resulted in about $1.1b in liquidations on Monday, marking one of the highest levels of liquidations since early March this year.
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Running running! π
GOLD SELL IN PROFITS 20+PIPSπ°
Secure your profits and ensure to set breakeven to hold some positions βοΈ
BTCUSD
Bitcoin initially tried to rally for the week, but then fell rather hard to slam into the $63,000 level. This is a market that I think continues to see a lot of volatility, but we think we also see a lot of support underneath and all that being said, this will remain a βbuy on the dipsβ type of market, and we think you will get an opportunity to pick up a few cheap coins ahead.
That being said, itβll be interesting to see how this plays out, because it almost seems like on Friday we got back to the connection between bitcoin and technology stocks that we had seen for so long.
Gold reaches the TP2, locking in those blues with 44+pips! π₯Ά
Close the trade now or, for the hold, set that breakeven and let the journey continue.
Gold entry Hit Tp1, blazing the trail with 21+pips! π
Decision time: Either lock in the win by closing all or fortify your holding position with a slick breakeven move. Your call, captain! π€
GOLD BUY NOW
@ 2427.02 - 2422.78
SL : 2419.26
TP 1 : 2429.00
TP 2 : 2431.06
EURGBP
The euro has exploded to the upside against the British pound (EUR/GBP exchange rate) during the week, and the Bank of England cut rates.
Furthermore, we have cleared the crucial 0.85 level to show signs of real strength, and therefore we think youβve got a situation where the market eventually will continue to go higher. Short-term pullbacks will almost certainly be a βbuy on the dipsβ type of event, and I think we have just turned the corner, but that doesnβt necessarily mean that we will get the occasional drop.
PAIRS IN FOCUS THIS WEEK
GBPCHF
This has been a brutal week for one of my favorite carry trade pairs. The British pound has initially tried to rally during the week but then plunged lower, breaking through the 1.13 level before accelerating through an uptrend line.
As the week is closing out, the market is hanging around the 1.10 level, which is obviously a large, round, psychologically significant figure. However, as the Bank of England cut rates and it now looks as though the entire world is running toward safety, it looks as if the sellers will continue to have the upper hand, and each short term rally will more likely than not be sold into until something fundamentally changes.
We start new Day with the name Allah.
I hope u all will be fine.
God gives us more and more success.
Insha Allah πβ€οΈ
π Only 41.53% of the Year Left! Act Now!
Time flies, and here we are with just over 41% of the year remaining. It's the perfect moment to reflect on your goals and make the most of the time we have left
π‘Why Now ?
No Time Like the Present: Procrastination is the enemy of progress. Start now, and you'll be amazed at what you can achieve in the few months.
Build Momentum: Every small step you take today will build momentum for bigger successes tomorrow.
Finish Strong: End the year on a high note by pushing yourself to achieve your goal. You'll thank yourself when you look back and see how far you've come.
π Take Action Today!
Whether it's a personal goal, a career milestone, or a new habit, there's no better time to start than now. Seize the opportunity, harness your potential, and let's make these last months count!
π£ Remember: It's never too late to make a change, set a goal, or start a new journey. Your future self will be grateful for the step you take today
Letβs finish the year strong together πͺπ»
HIGHLOW FX TRADING AND INVESTMENT SUCCESSFUL PAYOUT PROOF TO INVESTORSπ₯
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π°$60,000 USDT SUCCESSFULLY PAID
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Amounts (BITCOIN)
$47,000
Successfully Paid β
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https://www.blockchain.com/explorer/transactions/btc/690d2330620d06a44d61f1b43438518c047c811d45d9780ba72eded4aa9ca3fa
Amounts (BITCOIN)
$31,000
Successfully Paid β
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https://www.blockchain.com/explorer/transactions/btc/bd95b09d1e5be3ad36e15781b285070685d1c5aca39c8e26c09e12b552d2fbcd
Amounts (BITCOIN)
$66,000
Successfully Paid β
οΈ
https://www.blockchain.com/explorer/transactions/btc/47dcc0d4991b1c5aca97d33244703183e2fbbcd85eb2442999090ca01540a495
Amounts (BITCOIN)
$152,00
Successfully Paid β
οΈ
https://www.blockchain.com/explorer/transactions/btc/ac7ef9e3b5d1b6dd9bf6611815ce69f83a335804fc01277b88aafd6b0d71b7c9
CONTACT THE ADMIN @Brittany_CK TO GET YOUR PORTFOLIO UP AND RUNNINGπ₯
ATTENTION ATTENTIONβοΈβοΈ
For those who had their withdrawal issues sorted out kindly forward your receiving details to the companyβs mail or send to my DM for your profit to be sent to you.
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Gold buy now
@ 2416.00 - 2414.00
Sl: 2410.00
Tp1: 2417.00
Tp2: 2419.00
Tp3: 2421.00
Tp4: 2426.00
