supplyreductionstrategy
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$BTTC BULLISH TECHNICAL ANALYSIS - LONG ENTRY*
Based on the chart discussing the impact of an 80% supply burn of $BTTC , leading to a reduced supply of 198 trillion coins with a potential market cap of $600 billion, implying a value of 0.3 cents per $BTTC token, the technical analysis suggests a potential bullish move. Burning tokens reduces supply, increasing scarcity, which can positively impact price and investor confidence.
*Entry:* Long Entry on breakout above resistance levels post-burn announcement or on signs of increased investor confidence.
*Targets (TP):*
1. Initial target: 0.35 cents
2. Extended target: 0.4 cents
*Stop Loss (SL):* Below 0.25 cents to manage risk in case of breakdown.
#TokenBurnImpact #BTTCAnalysis #BullishSetup #CryptoTechnicalAnalysis #SupplyReductionStrategy
$BTTC
Based on the chart discussing the impact of an 80% supply burn of $BTTC , leading to a reduced supply of 198 trillion coins with a potential market cap of $600 billion, implying a value of 0.3 cents per $BTTC token, the technical analysis suggests a potential bullish move. Burning tokens reduces supply, increasing scarcity, which can positively impact price and investor confidence.
*Entry:* Long Entry on breakout above resistance levels post-burn announcement or on signs of increased investor confidence.
*Targets (TP):*
1. Initial target: 0.35 cents
2. Extended target: 0.4 cents
*Stop Loss (SL):* Below 0.25 cents to manage risk in case of breakdown.
#TokenBurnImpact #BTTCAnalysis #BullishSetup #CryptoTechnicalAnalysis #SupplyReductionStrategy
$BTTC
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