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Muhammad Irfan 001
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$BTC
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BTC
87,297.47
+0.24%
BNBUSDT
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839.35
-2.48%
ETH
2,858.88
-2.44%
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XRP HOLDERS… READ THIS BEFORE THE NEXT MASSIVE MOVE 🚨🔥
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$BTC $ETH 🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣
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Here’s a latest analysis of Bitcoin ($BTC ) — covering where things currently stand, what’s driving price action, key technical/fundamental levels to watch, and potential scenarios going forward. This is not investment advice. $BTC Bitcoin has broken below the key psychological and technical support around US$100,000 and recent reports highlight a drop to around US$98,000. There’s considerable selling pressure, including from long-term holders, which is often a warning sign. Sentiment is bearish: indicators and on-chain metrics are pointing toward elevated risk of further downside. 📊 Key Drivers & Risks Institutional flows matter: Spot BTC ETFs and large holders play a big role in Bitcoin’s valuation. Macro environment: Strength of the US dollar, interest rates, regulatory/regime risk all weigh on risk assets like Bitcoin. For example, one report noted Bitcoin’s drop amid broader liquidity and risk stress. Supply-side mechanics: Bitcoin has a capped supply and periodic halving events; these structural elements provide a long-term bullish bias. Technical & On-Chain Risks A “death cross” (50-day moving average crossing below the 200-day) is being warned about, which historically signals extended weakness. Support around ~US$100K is under threat; if broken convincingly, a sharper drop (to ~US$74K in some scenarios) is cited. On-chain: Long-term holders now selling more than usual — may mean less “floor” accumulation and higher downside vulnerability. 🎯 Key Price Levels Support: ~$100,000 is the immediate major support zone. Breach opens risk of deeper retracement. Downside risk zone: Some analyses point toward ~$74,000 if support fails. Resistance / breakout trigger: If Bitcoin can reclaim ~$104,000 and hold, that could trigger renewed upside. Potential Scenarios Bearish scenario (higher probability currently) Bitcoin fails to hold ~$100K → technical breakdown accelerates → major correction down toward ~$70-80K $BTC #MarketPullback #PowellRemarks #TrumpTariffs #CryptoIn401k
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🔥 Bitcoin Flash Drop Update — What’s Really Happening Right Now? 🚨
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