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Cryptocurrency News Articles
Bitcoin (BTC) Primed for a Massive Upward Movement, Altcoins Set to Soar
Dec 24, 2024 at 03:06 am
This analysis suggests BTC/USDT is currently at a crucial support level that coincides with the Value Area Low (VAL)—a significant price level
Coin Name: BTC
Coin Type: Long
This analysis suggests that BTC/USDT is currently at a crucial support level that coincides with the Value Area Low (VAL)—a significant price level based on historical volume. The expectation is that Bitcoin will dip slightly below the previous low to take liquidity, setting the stage for a strong bullish reversal. Major resistances lie at $102,000, but traders are advised to build long positions near the $92,000 support level. This is a prime opportunity to prepare for a massive upward movement, with the potential for an "insane pump" soon.
BTC Dominance has been rejected from the resistance line. Also, close the daily candle below it. We are insanely bullish on Altcoins now.( Join my Binance live for premium crypto signals )
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TP: 115k
SL: 88k
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