Despite pessimistic market banter claiming Ethereum is crushing hopes once again, technical structure shows that short-term volatility and pullbacks do not break its long-term upward trend, but rather solidify a robust base support。
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Mira retweeted
$BTC remains bullish on the weekly chart.
Bulls smashed the weekly pivot on the first day of this new week. A candle close above creates a higher high.
Eventually the trending dots will be retested but it could be another 11+ weeks of up only. 👀
The bearish to bullish pivot was mid August.
It's been 3 weeks since $BTC was trending towards lower prices.
Bulls were trapped a few times in the previous 10 months but they set a nice bear trap in early August.
Eventually price will retest the green trending dots.
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Mira retweeted
$BTC had a sell signal yesterday.
We could be days away from sub $70,000 and weeks away from $90,000.
Possible?
$BTC continues to follow a similar pattern to the 2023 Bull Fractal.
If this trend continues, then we'll price back below $76,000 prior to the next move higher.
How low does this retracement go?
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Mira retweeted
bitcoin:native halving progress is 60% complete.
Price went lower in every bear market after the 60% completion.
Either this time is different or the stock market is about to crash. 🤔
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Mira retweeted
Crypto Is About To Get VERY Interesting…
0:55 - Just like 2023 breakout
1:59 - Bitcoin bottom in
4:21 - WHY so many are buying
6:53 - Blackrock is bullish
7:58 - Uber CEO
8:45 - Scott Bessent
9:41 - How high can Bitcoin go?
Don’t Miss This👇
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