$65686 (200 Weekly EMA) is a extream worst case floor price | Malik Israr Ahmad on Binance Square

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Malik Israr Ahmad

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$65686 (200 Weekly EMA) is a extream worst case floor price and end of 4 Year BTC Cycle .

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BTC

89,174.51

-1.34%

256

0

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Malik Israr Ahmad

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$BTC has made a new fresh support around $89K region. This support will act as key role in coming days. It will be a bounce zone in coming days, months. $BTC is currently facing strong Resistance around $94K area. This resistance is apparently weaker but due futures positions exchanges shorting this zone massively.

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Whales are playing,we can't do anything. We as a retailers should wait patiently. 2026 is coming. BlackRock and Michael saylor are currently leaders of Crypto arena. We need to understand their phycology.

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S&P 500 Index is looking for a support on 1H. 50EMA ($6770) is most immediate Support for this index.

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$BTC Major support is present around $84000. Hope $89K will hold $BTC.

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$ETH has crashed more than $BTC due to Black Rock's $ETH inflows to Coinbase.

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