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Coin Signals
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CoinSignals is a group of expert traders and analysts.

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💰 Short-term holders, investors who have held Bitcoin for less than 155 days, transferred 65,000 Bitcoins in profit to exchanges on Mar. 6.

According to data from Glassnode, this marks one of the highest amounts of profit sent in Bitcoin terms in the past five years.

Closing above the highs might take longer time.
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🚨🚨🚨 BTC $70k to $66k, Longs and Shorts have been liquidated in one candle.

Today total liquidations comes in at $310.20 million.

A 20% correction is expected unless the weekly candle closes above the all-time high.
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🚨🚨🚨 Nvidia, $NVDA, the 3rd biggest company in the world, just fell 10% in 30 minutes.

That's a company with $2.3 trillion in market cap trading like an altcoin.
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Coin Signals
📊 Historically, the average drop is -20% after hitting the ATH or nearing it. There is a very low possibility of the weekly candle closing above $69.4k (ATH) or even hitting $69.4k (ATH) before a -20% drop.
💰 Bitcoin hasn't closed a weekly candle above its all-time high of $69,400 after three tries.

We previously warned about a correction from the all-time high, and so far, we've seen declines of 5%, 14%, and 6% from $69.4k.

Failing to close weekly candle above this level $69.4k (approx $70k) could lead to a 20% pullback.

However, closing above it may signal further major price increases, like past bull runs.
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Forwarded from Crypto News
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⚡️⚡️⚡️BREAKING: Blackrock CEO Larry Fink on live TV:

"If you're in a country where you're fearful of your future, fearful of your government of you're frightened that your government is devaluing its currency by too much deficits, you can say this is a great potential long term store of value. 💰"

@News_Crypto
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Coin Signals
💰 Bitcoin hasn't closed a weekly candle above its all-time high of $69,400 after three tries. We previously warned about a correction from the all-time high, and so far, we've seen declines of 5%, 14%, and 6% from $69.4k. Failing to close weekly candle…
💰 Another attempt to close the weekly candle above the previous ATH of $64,900 has failed, marking the fourth failed attempt.

If we successfully close a weekly candle above the ATH consider approx $70,000, we can expect a 20% increase in price. Otherwise 20% dump.

Historically, Buying after a Successful breakout above the previous ATH has led to big price increase.
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Forwarded from Crypto News
💰 Days it took #Bitcoin to double after previous breaks of all-time highs:

March 2013: 18 days
Nov 2013: 10 days
March 2017: 84 days
Dec 2020: 18 days

@News_Crypto
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💰 Bull Market Max and Average Correction :

2010-11: -51.28% | -18.41%
2012-14: -70.28% | -21.71%
2015-18: -32.93% | -10.93%
2018-21: -60.24% | -19.39%

2023: -19.11% | -5.47%.

In the current Bitcoin bull cycle, the market has witnessed relatively minor corrections, attributing to ETF buying pressure and hype so far.
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💰 After the weekly candlestick closes above the previous ATH, we observed parabolic price action.

Currently, the weekly candlestick is trading above the previous ATH, but it hasn't closed yet.

If it closes above the previous ATH => Parabolic Move 📈
(Historically, this has been a good buy)

However, if it closes below the previous ATH => Major Correction 📉
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💰 Bitcoin has flipped silver. To overtake the rest, #Bitcoin  needs to hit the following targets to overtake :

- Alphabet (Google) : $88,842.
- Amazon: $95,842.
- Saudi Aramco: $108,000.
- NVIDIA: $115,158.
- Apple: $138,737.
- Microsoft: $158,842.
- $Gold: $772,474.
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🚨🚨🚨 US CPI data will be announced in a couple of hours.

High volatility in the markets is expected.

Be Careful with the leverage.
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JUST IN : BREAKING: 🇺🇸 US inflation rises to 3.2%, higher than expectations.
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⚡️ With less than an 20 mins to go, #Ethereum 💰 Dencun upgrade is set to enhance user experience and reduce transaction fees for the network’s L2 blockchains through EIP-4844.
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Biggest Market Maker in the crypto industry calling for a correction 📉
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Forwarded from Crypto News
🚨🚨🚨 I Don't Think Bitcoin💰 Will Go Back Below $55K-$50K: Mike Novogratz

Mike Novogratz believes a major #Bitcoin correction should be expected but it will not take BTC far down.

@News_Crypto | link
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🥇 Bitcoin has printed a bearish pattern a rising wedge on the 4-hour chart.

If it plays out then price could drop to between $69,000 and $66,000.

Main target 200 EMA on 4hr Chart.
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Coin Signals
🥇 Bitcoin has printed a bearish pattern a rising wedge on the 4-hour chart. If it plays out then price could drop to between $69,000 and $66,000. Main target 200 EMA on 4hr Chart.
💰 Bitcoin has reached our target of $69k and $66k from $73k.

Now there will be a small bounce from $65k to $66k (100EMA) before it drops to the 200 EMA on the 4-hour chart, which is at $60k.
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💰 If ETF holders begin selling their ETFs, it could create significant selling pressure on #Bitcoin.

It's important to observe how they respond to this correction, whether by selling or by purchasing more.
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📊 More than $1.2 billion has been liquidated in the last two days.

Longs: $890,38M

Shorts: $312,99M
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