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@bluesky2710

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🚨 WE’RE HERE — The Emotional Phase of the 2024 Bitcoin Cycle 🚨 Every crypto cycle follows the same emotional rollercoaster — and this chart nails it. From disbelief to hope, from belief to euphoria… and now? We’re in the denial-to-panic zone. Bitcoin hit $120K, and many thought it would keep flying. But the market always moves in cycles — and emotions often drive it more than logic. 📉 We are likely entering the panic → anger → depression stages. Historically, this is when the weak hands sell, the noise fades, and only the smart money stays. It’s uncomfortable. It feels wrong. But it’s exactly during this phase that opportunities are born. Remember: The next disbelief phase often marks the beginning of the next major rally. Will you be ready, or will you repeat the cycle? ⏳ This is not the time to give up. It’s the time to zoom out, stay rational, and position wisely. #Bitcoin #CryptoCycle #EmotionsInMarkets #BTC2024 #BearMarket #HODL #CryptoInvesting #CryptoMindset
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Short-term Forecast for Next Week (Bitcoin/USDT): Bitcoin is likely to face continued selling pressure around the $104,000 resistance zone. Unless there is a strong breakout with volume above this level, the price may retrace toward the $98,000 support zone early in the week. If bearish momentum continues, a deeper pullback toward $95,000–$97,000 is possible mid-week. Watch for buyer reaction in this area — it’s a key short-term support. Key levels to watch: • Resistance: $104,000 – $104,200 • Support: $97,971 → if broken, next zone is $95,000–$92,000 • Critical support: $82,231 (unlikely to reach next week but important to monitor) RSI remains under downtrend pressure, suggesting upside is limited unless strong momentum returns. The overall bias for next week is cautiously bearish to neutral.
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Bitcoin and Crypto Market Today (June 19, 2025) Bitcoin (BTC) Price: $104,381 - $104,834 USD, down 0.08% - 0.21% in 24 hours. Market cap: $2,074.53B - $2,083.28B USD, trading volume down 12.1% - 14.5% ($30.82B USD). BTC trades in an ascending channel, with support at $100,000 USD and resistance at $110,000 USD. Breaking $118,000 USD could trigger a surge; otherwise, it may drop to $92,000 USD. Market Sentiment: Fear & Greed Index at 61 (cautious optimism). Israel-Iran tensions and Fed rate policies cause volatility. Institutions accumulate heavily (e.g., Metaplanet holds 10,000 BTC). Trump’s pro-crypto stance boosts confidence. Altcoins: Ethereum sees ETF inflows ($17.5M - $125M), XRP up 3.63%, Cardano slumps, Pi Network ($0.5) and Sonic ($0.316) fluctuate. Key News: Miners hold 1.8M BTC, Mt. Gox prepares repayments, sustainable Bitcoin mining rises. Outlook: Monitor geopolitical news, technical charts, and use CoinGecko for updates. Risks: High volatility; research thoroughly before investing.
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