The Analyst CRYPTO
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Technical Charts and Signals based on Sharp Analysis, Trends and Market Conditions.

Follow us to keep up with the #Crypto Markets.
Contact - @Danny820
#DYOR

Twitter :- https://x.com/techcryptoanlst?s=21
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Daily active users on #NEAR are skyrocketing.
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Binance’s Ambitious $1 Billion Crypto Industry Recovery Initiative Has Failed: Bloomberg https://coingape.com/binance-ambitious-1-billion-crypto-industry-initiative-failed-bloomberg/?utm_source=Telegram&utm_medium=Queen
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#MDT is heading towards first target & it will give huge profit like our previous calls
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#Solana flipped #XRP in Market Cap for the 1st time ever.
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Michael Saylor, executive chairman of MicroStrategy, said that the market should not underestimate the importance of the upcoming #Bitcoin spot ETF.

This may be the biggest development on Wall Street in 30 years, this new investment tool will trigger a demand shock for Bitcoin and promote Bitcoin bull market next year.
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What’s next for Bitcoin?

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We were all geared up for a snoozy Q2, thinking the halving would be as exciting as watching paint dry, and the market just chilling out.

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The second half of 2024 is likely to be very positive for crypto.

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We've got our eyes on Bitcoin, still chilling with its bullish flag, hinting at a possible surge in 2024, aiming for the $100k mark!

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Stay patient and avoid getting caught in the sideways chart!
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Eminem making a comeback ! He posted a new Crypto.com advertisement to X.

Eminem X Crypto Let’s Gooo πŸš€
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#BITCOIN🟠#FOMC🟠#CPI

⚑️As expected, the Federal Open Market Committee of the U.S. Federal Reserve Wednesday held its benchmark fed funds rate range at 5.25%-5.50%, but its economic outlook now calls for just one 25 basis point rate cut this year.

πŸ”ΆWhen interest rates lower, traditional β€œlower-risk” assets such as bonds become less attractive, and investors are more likely to turn to perceived riskier assets such as Bitcoin. The opposite occurs when interest rates rise.

β•β€œThe hawkish tone of the FOMC isn’t positive. Powell’s speech and projections are market-leading for Bitcoin.
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πŸ‡ΊπŸ‡Έ Spot #BitcoinETFs Positive inflows with +$101M (12-06-2024)

#Grayscale saw Zero Inflow/outflow
#Blackrock +$16M Inflow

Total Value Traded: $2.16 Billion (As of 12th June)
Total Net Assets ~$60 Billion in πŸ‡ΊπŸ‡Έ Spot ETFs 
Total inflows of +$101M in Spot πŸ‡ΊπŸ‡ΈBitcoin ETFs
$IBIT +$16M (+232 BTC)
$ARKB +$9M (+126 BTC)
$BITB +$15M (+215 BTC)
$FBTC +$51M (+752 BTC)
$HODL +$12M (+172 BTC)

US Bitcoin ETFs Bought 1,500  $BTC Yesterday, which is Equal to Approximately 3.30 days supply.
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Binance 🟠 Will Support the #CHZ Network Upgrade & Hard Fork - Link
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BTC/USDT

Technical Analysis


Currently, BTC price fluctuates between a narrow range of 65,000 and 72,000; a breakout will indicate future direction.

To reach new highs, the price must surpass resistance at 72,000 - 73,000 and stay secure above it, potentially leading to a new all-time high between 75,000 - 80,000, contingent on positive US inflation data.

If buyers fail to push BTC price up and it drops below dynamic support, a local correction may occur. The 65,000 - 68,000 support block with the point of control (POC) is crucial. If this level does not withstand selling pressure, BTC price could decrease to lower levels to fill buying volumes.
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After months of downturn, altcoins under $10B market cap are showing signs of potential πŸš€.

With Bitcoin and Ethereum stabilizing, opportunities in mid - and small-cap cryptos are emerging.
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