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$USDT.D is right at its resistance zone. A correction here could give a relief rally in $BTC and alts.

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Ted

307,134 subscribers

58,696 Aufrufe • vor 1 Monat •via X (Twitter)

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$BTC looks promising for a relief rally this month. What do you guys think?
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$BTC is breaking to the upside and $USDT.D is breaking to the downside. This exact thing happened in Jan 2023, which started a multi-year bull market. Do you understand?
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$80,000 BTC is the most popular bet for this month. The most popular bet for the end of Q3 is a $BTC price range of $50,000 to $60,000. It seems like big money is expecting a Bitcoin relief rally this month and then a new bottom.
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$ETH has formed a liquidity cluster around the $1,870-$1,900 level. With markets showing slight correction, Ethereum could sweep this liquidity zone. But after this, a rally towards $1,980-$2,000 would start to look interesting.
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$BTC looks good for a rally here. Send it to $70K.
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