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If $BTC doesn’t break $80,000 within the next few hours, it will break it tomorrow at the NY open.
Higher prices are coming.
Get ready for a green pump week.
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$BTC
I see people saying that if open interest goes up while price moves sideways, it’s a bearish signal.
That’s simply wrong.
Rising open interest just means more people are opening positions, both longs and shorts. It does not tell you direction.
What it clearly shows is that positions are building while price is compressing. That leads to volatility expanding.
It’s not bearish or bullish, it means a bigger move is coming.
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GateUser-9d9ab749:
Bitcoin is showing increasingly strong bullish signals, bree. The upward momentum is evident from the continuously rising volume and the market interest returning to crypto assets.
US futures open in 5 hours.
Volatility is about to kick in.
We could see another shakeout, (a quick move back to $78,000) but overall I’d put a ~90% probability on continuation to the upside.
If we break $80,000, the next key level to watch is $84,000.
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The Nasdaq and S&P 500 are printing new all-time highs almost daily, while $BTC is still about 58% below its own ATH.
But yes, bears! you’re right. Bitcoin will reject here and head back to $60,000.🤡
The best ROI is currently in Bitcoin. IT IS A BUY.
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$BTC at $79,000 resistance.
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🚨 Berkshire Hathaway now holds $397,000,000,000 IN CASH, the highest amount in its history.
They are preparing for a HUGE CRASH.
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BULLISH:
$BTC ETF inflows last Friday hit $629.8 million!
The highest level we’ve seen in weeks.
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Sunday and Monday have, on average, been the most bullish days over the past year.
Will we see a bullish breakout for $BTC today or tomorrow?
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Bitcoin dominance keeps moving higher.
As long as it does, you should only look for longs on bitcoin:native.
Bitcoin is taking all the liquidity, and alts are underperforming.
Alts will get interesting when we see a rejection or consolidation in Bitcoin dominance.
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🇺🇸🇮🇷 Iranian media reports that Tehran has sent the US a plan to end war on 'all fronts'.
Stocks at ATH. Bitcoin knocking on $80K resistance.
Now imagine a deal hits and oil prices drop hard.
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Gold vs Bitcoin :
2010: 1 kg Gold = 152,267 BTC
2015: 1 kg Gold = 87 BTC
2020: 1 kg Gold = 2.1 BTC
2021: 1 kg Gold = 1.27 BTC
2023: 1 kg Gold = 1.57 BTC
2026: 1 kg Gold = 1.15 BTC
But yes, gold has definitely been the better investment… if you ignore reality.
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Once $BTC breaks above $80,000, we should see a quick move up to $84,000
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GateUser-95194dd2:
Paying close attention🔍
The NASDAQ is up 21% since April 1.
It added $6 TRILLION in just 30 days.
That’s ~4x the market cap of $BTC
and more than the GDP of Germany.
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S&P 500 is at ATH while $BTC is still far from it.
A major gap has formed in recent months.
This kind of decoupling is rare.
Bitcoin will catch up sooner rather than later.
Bears, be careful.
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$BTC didn’t break through the crucial $80,000 resistance and is now consolidating slightly above $78,000.
I still expect it’s more likely that we move higher.
If we continue to consolidate here over the weekend and remain above $77,500, I expect we’ll break resistance early next week.
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Most people don’t need more setups. They need fewer trades.
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The $80,000 is a very important level for $BTC.
It is literally a make-or-break level for Bitcoin. If we break it, the downtrend from October is officially broken.
I think we could pump in no time to $90,000 if $80,000 is broken.
Some big momentum for crypto is on the horizon, but we need to break $80,000 for that.
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GateUser-95194dd2:
Paying close attention🔍
Most people trade with their entire portfolio, but that’s not the best strategy.
Around 80% of my crypto portfolio is allocated to long-term spot holdings. The other 20% I use to trade (longs/shorts) and capitalize on sideways price action.
Any profits get reinvested into spot.
You don’t need to trade everything, markets are hard to outperform, so always keep core exposure.
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The S&P 500 reached a new ATH yesterday.
$BTC tends to follow the stock market eventually.
Most people are expecting that the high at $79,500 was the top for Bitcoin.
But why?
As long as the stock market keeps rising, the chances of Bitcoin moving higher are significant.
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$SOL is about to close its 7th consecutive red monthly candle in 2.5 hours.
Meanwhile, $BTC is up 11% this month.
Bitcoin outperforms 99.9% of altcoins over the long term.
At least 80% of your crypto portfolio should be in Bitcoin.
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