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6 414
BTC/USDT is attempting a weekly close above the zone. Bearish sentiment remains intact, but the daily timeframe shows short-term bullishness.
Next, the price may move slightly up towards the resistance around $65,500 before dropping back.
6 414
LTC/USDT just delivered a quick $18,000 + Profit π°
You can catch the same move by following our signals π
@CryptoBullsAdmiin
6 414
Crypto payment card adoption is growing, with key metrics to watch including:
π³ Payment volume
π Number of transactions
π₯ Active users
Comparing these metrics across major crypto card programs helps measure real-world crypto spending and adoption. Rising usage generally signals increasing consumer engagement beyond trading.
6 414
BTC/USDT had a strong reaction from the major support area and showed a shift in market structure.
However, this does not necessarily mean the market is bullish; further confirmation is required.
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BTC at $62.3K sits 19% below TrueMarketMean at $77K β firmly in structural bear territory ππ΄.
STH cost basis declined to $71.4K, reflecting new buyers accumulating well below the True Market Mean β a constructive cyclical development πͺ.
Incoming capital being deployed at increasingly disconnected levels from cycle highs signals early bottom formation progress.
Any macro-driven leg lower would see RealizedPrice at $53.4K as the most probable bear market lower bound β‘οΈπ―π
6 414
π¨ ALERT: Altcoin sell pressure just hit a fresh multi-year low, per CryptoQuant.
6 414
Accumulation Below the Surface
BTC has fallen below $60K as ETF outflows persist.
Despite the weakness, long-term holders are absorbing supply, suggesting patient capital is returning.
6 414
BCH/USDT is strongly rejecting the key support area around $180 - $184.
Following a parabolic move, it could move up to a resistance area around $230 - $232.
6 414
BTC.D had a break below the support and is now flipping over.
However, the index looks bearish, and altcoins can still be moving sideways only.
6 414
BTC/USDT broke below the small sideways market, tapped inside the major support zone, and executed a liquidity sweep below the old support and previous low.
Right now, a small structural change has occurred, breaking the range high.
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Every time Bitcoin closed both May and June in the red, July ended up being a green month. ππ’
Of course, history does not guarantee a repeat. β οΈ
But after two weak months in a row, this is exactly the kind of seasonal setup the market will start watching closely. ππ
