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[coinexpansionblog]

Bitcoin collapse !!!!!! Check it out https://coinexpansion.com/crypto-news-bitcoin-btc-plunged-11-since-last-week/ #crypto, #cryptocurrency, #cryptocurrencies, #btcprice, #bitcoinprice, #bitcointrading, #btctrading, #investment

[btcmemes]

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[gshaurya-blog]

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[ilucyliu-blog]

"Data Reveals BTC Traders Currently Engaging in Transactions at a Negative Profit Margin"

BTC Traders Are Currently Transacting at a Loss, According to Data BTC’s price has experienced a minor setback, with a 0.33% loss in the past 24 hours, as per CoinMarketCap’s latest update. This has resulted in a weekly price performance of +0.49% at present. As a result, BTC’s current trading price is $27,937.95. BTC’s price experienced a 24-hour decline; however, its market dominance…

[bitsevenenglish-blog]

Bloomberg: Key Indicators Show Bitcoin Price Could be Losing Steam

Key price movement indicators show that Bitcoin (BTC) could be heading for another move downward, according to a recent report from Bloomberg on March 12.

The report states, “Technical gauges signaling long-term buying demand for Bitcoin are deteriorating” and as such, buying pressure could increase. Bloomberg notes that the seminal crypto’s Moving Average Convergence Divergence (MACD) indicator has been moving downward since mid-February.

The MACD is a trend-following indicator of momentum that shows the relationship between two moving averages of the price of a security.

Bitcoin has tested the $4,000 mark several times in previous weeks, but has as of yet been unable to break above it for a meaningful period of time. Bloomberg states that, until Bitcoin can break through that level, it is likely to face selling pressure. Bloomberg analyst Mike McGlone said:

“The entire industry is ripe to resume a path to lower prices. Conditions are akin to November [2018], just prior to the collapse. Prices are consolidating within narrowing ranges, with a few sharp bear-market rallies that appear fleeting.”

Other industry experts have suggested that investors are forgoing Bitcoin to move their money into altcoins. EToro senior market analyst Mati Greenspan said:

“It’s just that investors are seeing more potential in some of the smaller tokens at the moment. As we approach the culmination of the crypto winter, we’re actually seeing some of the altcoins delivering spectacular gains in the last few weeks. We are now in what industry insiders like to call alt-season.”

At press time, data from TradingView shows that the Bitcoin MACD is at 44.3, pointing to a “sell” recommendation. The coin is currently trading at $3,910.57, up a modest 0.48 percent on the day according to CoinMarketCap.

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[tradinglevelsnpatterns]

Bitcoin Analysis & Prediction. Bitcoin Important Levels, Trading & Scalping Setup & Strategy

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[cryptocurrencyinvestment2024]

Our mission is to help investors achieve financial freedom and like we say when it's done "Problem solve. Learn BTC trading and build your future

ACU Senior Analysts are committed to providing full compensation and accurate trading signals

24/7 to produce signals (calculated predictions) that are sent out each day

We are provide 1v1 services. 1v1 service promises 100% compensation for losses

We are best Trading platform , Invest and earn profits massively

So, you can join our WhatsApp group and observe the experience and success rate of our members

[tinayang886]

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[btcmemes]

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[pmbuysell]

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[mihaitrader]

#Bitcoin- Dips under 35k seem to be bought Yesterday I draw attention that a recovery could happen for Bitcoin . Looking at the chart and at how it reacts under 35k, dips seem to be bought, although there is not high volume so far. At this moment a temporary bottom seem to be found and BtcUsd can rise to test 38k zone Although I will remain bearish in the mid-term, for speculative purposes, buying under 35k can be a good strategy. A new low under 34k would negate this scenario. #bitcoin #btc #btctrading #bitcointrading #crypto #cryptomarket https://www.instagram.com/p/CZECedKoLZI/?utm_medium=tumblr

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