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Take your Ramadan offer free spin and win Dollar 300 now. With this link- https://s.binance.com/88jKYzf1?utm_medium=web_share_copy
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Bitcoin experienced a 2.88% price drop in the last 24 hours, influenced by macro policy and significant outflows, leading to further analysis. 2. 3. Bearish Technical Indicators: Bitcoin's price dropped by approximately 2.88% in the last 24 hours, with EMA, MACD, and Bollinger Bands signaling a strong bearish trend supported by high selling volume. Macro Policy Underperformance: The expected positive impact of the Fed's rate cut was negated as the market had already priced it in, resulting in a "sell the news" event and a negative price reaction. Whale & ETF Outflows: Significant outflows of BTC from exchanges by large holders and net negative flows from Bitcoin Spot ETFs indicate a predominant selling pressure from institutional and large individual investors. #FOMCMeeting $BTC $BNB $BNB #MarketPullback #FranceBTCReserveBill
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Bitcoin experienced a 2.88% price drop in the last 24 hours, influenced by macro policy and significant outflows, leading to further analysis. Bearish Technical Indicators: Bitcoin's price dropped by approximately 2.88% in the last 24 hours, with EMA, MACD, and Bollinger Bands signaling a strong bearish trend supported by high selling volume. 2. Macro Policy Underperformance: The expected positive impact of the Fed's rate cut was negated as the market had already priced it in, resulting in a "sell the news" event and a negative price reaction. 3. Whale & ETF Outflows: Significant outflows of BTC from exchanges by large holders and net negative flows from Bitcoin Spot ETFs indicate a predominant selling pressure from institutional and large individual investors. $BTC $BNB #FOMCMeeting #MarketPullback
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