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BTC Price Teases Breakdown — or Major Takeoff Next?

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Explore our platform for exclusive crypto trading strategies and receive expert assistance with your cryptocurrency trades. Visit https://telegram.me/freebitmexsignals . BTC is down by over $20,000 since its early October ATH. The question is - what's next? The promise of a bullish October materialized only in the first week, when bitcoin skyrocketed to a new all-time high of over $126,000. What followed was an extremely painful month, in which it slumped by twenty grand before it staged some sort of recovery. In contrast, the expectations for November, based on historical performance, have been quite bearish, and so far, they have come to fruition. BTC dumped to a multi-month low earlier today of just over $103,500, which meant a nearly $23,000 decline since the ATH marked less than a month ago. Now, analysts debate on X whether this is the beginning of the end or just another buy-the-dip opportunity. The Bull Corner Merlijn The Trader believes in the bounce-off narrative, indicat...

Bitcoin Breaks Strong Floor, Buyers Show Low Confidence

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Visit this link and make consistent profit in Binance futures trading, receive free bitcoin trading signals and Cornix trading Bot for the best automated trades –  https://telegram.me/btctradingclub BTC's major support is gone, but self-custody activity is rising. Buyers appear active. Is it active enough to stop further bleeding? As markets remained choppy, Bitcoin (BTC) suffered a fresh decline of almost 3% on Tuesday as it fell below the critical support zone at $107,000, a major trading range that had remained intact for 130 days. CryptoQuant noted that this failure could expose the market to further downside momentum. Bitcoin’s Line of Defense Breached According to the analysis, the established range between approximately $107,000 and $123,000 has served as the battlefield for buyers and sellers since mid-June, and price action reflected high vulnerability at the range floor. However, while the price continued to show weakness and remains under pressure near the bottom of this...

Long-Term Holders Sell 400K BTC — How Low Can Bitcoin Go?

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Get Daily altcoins signals and trade with the professionals trading strategy –  https://telegram.me/binancefuturesignal Selling by long-term Bitcoin holders, capitulation by short-term holders and a weakening technical structure could fuel BTC’s price drop to $72K. Long-term Bitcoin holders have sold 400,000 BTC over the past 30 days. Short-term Bitcoin holders panic-sell $3 billion in BTC at a loss. Bitcoin’s rising wedge targets $72,000 price as traders say BTC could drop as low as $60,000. Bitcoin declined on Tuesday, falling more than 3.5% over the last 24 hours to trade at $104,000. This brings the weekly and 30-day losses to 8% and 17%, respectively. This drawdown has been accompanied by selling from long-term holders, who have offloaded more than 400,000 BTC over the past month. #ZK/USDT has covered all the target to give a Profit of 77% Thinking of using Cornix trading bot? If yes, then get ready for setting the standard for automated trading. Automate your trading based on...

Long-Term Bitcoin Holders Cash Out $42 Billion

Visit this link and make consistent profit in Binance futures & SPOT trading – https://telegram.me/cryptosignalalert Visit – https://play.google.com/store/apps/details?id=com.freecryptosignals.app Bitcoin long-term holders (LTHs), entities holding coins for at least six months without selling, offloaded after the BTC price hit new all-time highs above $126,000 in early October. Analyzing the LTH supply change, CryptoQuant analyst Maartunn said that on a rolling 30-day basis, the supply had decreased by a net 405,00 BTC, worth around $42.3 billion at current market prices as of Tuesday. TFTC founder Marty Bent said, “The fact that the market can absorb this amount of sell pressure without nuking 30%-50%” is a positive signal for Bitcoin. Still, short-term holders were also under pressure as they sent over 26,800 BTC (worth about $3 billion) to exchanges at a loss over the last three days. This activity highlights a familiar behavioral pattern in which STHs, often referred to as “wea...

Zcash Explodes to 7-Year High, Bitcoin Holds Weak

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Visit Our Most Successful Binance Futures channel for FREE crypto trading strategy –  https://telegram.me/binancefuturesignal Bitcoin’s price instability continued in the past 24 hours as the asset failed at over $111,500 and slipped back down to familiar territory of around $110,000. Most altcoins are with minor gains within the same timeframe, aside from TAO and ZEC, which have exploded by double digits, and Figure Heloc, which has skyrocketed by more than 300%. BTC Unstable at $110K The macro perspective received several positive news in the past ten days or so, starting from the lower-than-expected inflation numbers for September announced last Friday. Then, the US Federal Reserve cut the interest rates on Wednesday, as expected, while China and the US reached some preliminary consensus on trade frictions. Huge profits made from this call We are the Number# 1 Binance Futures Signals Pro Group due to the fact that our signals have high success ratio. You will receive everything ...

Bitcoin Demand Weakens as Uptober Ends

Visit this link to consistently profit in Binance futures trading, receive free bitcoin trading signals, and access the Cornix trading Bot for optimal automated trades:  https://telegram.me/cryptosignalalert Download our free app to receive signals on your mobile device:  https://play.google.com/store/apps/details?id=com.freecryptosignals.app BTC price was recovering losses from Friday’s Wall Street trading session. This began with sell pressure — a frequent phenomenon throughout the week — involving both US exchanges and the spot Bitcoin exchange-traded funds (ETFs). Onchain analytics platform Glassnode said that ETF outflows highlight “rising sell pressure from TradFi investors and renewed weakness in institutional demand.” Data from UK-based investment company Farside Investors put Friday’s tally at $191 million, which followed $488 million in outflows for Thursday. Our team of experts diligently examines the markets every day to pinpoint the best trading prospects. If you ...

Bitcoin Enters $100K Capitulation Zone Amid Volatility

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Visit this link to make money with cryptos with our Expert trading team and get a chance to win Free bitcoin and other cryptocurrencies –  https://telegram.me/btctradingclub Bitcoin fell nearly 4% in October as ETF outflows closed out the month, but Bollinger Bands BTC price volatility odds hit record levels. Bitcoin seals its worst October performance since 2018 as traders flip cautious on the outlook. ETF outflows return as derivatives traders hedge risk despite macro tailwinds. Bollinger Bands data suggests that BTC price volatility is due to make a sweeping comeback. Bitcoin traded around $110,000 on Saturday as traders stayed bearish after “Uptober” failed to deliver. 97% Profit on #TAO/USDT We don’t charge any commissions or any tips – We simply believe in providing the highest quality signals for the trading community. Trading on #Binance Futures is very profitable and traders from across tQQhe globe knows it. Be amongst the TOP Binance Futures Trading Group like other huge ...