Category: bottom
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Chart Art: Spot Gold (XAU/USD) Is at the Bottom of a Range!
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Spot gold (XAU/USD) is testing the bottom of the technical support area! Will gold experts benefit from the deal? Or will fundamentals keep buyers away? Gold (XAU/USD) daily Chart by TradingView In case you missed it, gold prices fell sharply on Friday after a stronger-than-expected US non-farm payrolls report. This…
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AUDUSD Technical Analysis – We are back at the bottom of the range
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Basic overview The US dollar returned strongly last Friday after the release of the strong US non-farm payrolls report, where the data surprised with strong growth in jobs and wages. There were also negatives such as high unemployment, but overall, we can say it was a good report. The data…
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Is The Bitcoin Bottom In? Buy The Dip Sentiment Erodes Amid Drop Toward $60,000
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Bitcoin has It was slid down Since it reached an all-time high last March. This has largely led to dip-buying sentiment among cryptocurrency traders, with many believing that the correction will end once it is over and Bitcoin will rise back to its all-time highs. Related reading According to cryptocurrency…
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Gas Gone Cheap! Ethereum Fees Plunge 93% To Rock Bottom Prices
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Ethereum users are rejoicing at the significant drop in gas fees, as the network saw its lowest level since early 2020. This translates into much cheaper transactions, making the platform more accessible to everyday users and developers. However, experts warn that this fee fest may be temporary, raising questions about…
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Bitcoin Local Bottom In? Analyst Offers Insights
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In the ever-evolving world of cryptocurrency markets, identifying the bottom of a Bitcoin price correction is an endeavor that attracts the attention of both investors and analysts. Cryptocurrency analyst and trader MilkyBull joins the fray ideas On this topic, claiming that the local bottom of Bitcoin has developed due to…
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Arthur Hayes foresees market bottom, predicts gradual uptrend
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Bitcoin billionaire and former BitMEX CEO Arthur Hayes shared a mix of cautious optimism and strategic moves for Bitcoin following the weekly decline. Hayes’ insights are evident as weekly red candles appear on multiple cryptocurrency charts. These candles reflect the market decline earlier this week, which is thought to be…