Crypto Bulls
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6 404
BTC/USDT broke below the zone, and this is also visible on the daily timeframe.
It now looks bearish; the price could push lower and move around $72,000.
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DOT/USDT is now attempting to break the consolidation, and we need to wait for the HTF candle close.
Looking at the market, it is bearish and could move further lower.
Taking shorts for short-term to swing trades will be a good call.
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📰🗞 CryptoQuant CEO Ki Young Ju warns Bitcoin's rally is futures-driven while on-chain spot demand remains negative.
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BTC/USDT closed slightly above the zone; a shallow close indicates very low buyer confidence.
Price is still following the channel pattern and reacting to the trendline support.
Now, it is breaking below, showing sellers are jumping in, or it could be a retracement phase.
Observe it carefully and manage positions accordingly.
6 404
BTC/USDT closed slightly above the zone; a shallow close indicates very low buyer confidence.
Price is still following the channel pattern and reacting to the trendline support.
Now, it is breaking below, showing sellers are jumping in, or it could be a retracement phase.
Observe it carefully and manage positions accordingly.
