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Correct
BTCUSDT
Long Entry 114,707.0000 2025-08-04 08:08 UTC
Target 120,000.0000 In 7 Days Fail 110,000.0000
Risk/Reward 1 : 1
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Final PnL
4.61%
P/L:
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BTCUSDT
Correct
Cryptocurrency
1H
Analysis Predict Range Market
The video discusses several pieces of crypto news, including Elon Musk's inquiry about quantum computing's potential to crack Bitcoin. It mentions the market's recovery over the last two days. Michael Saylor's statement suggesting the absence of a bear market is noted, along with CNBC and USA Today's positive coverage of Ethereum and XRP. The analyst expresses concern about mainstream media's positive sentiment towards crypto, viewing it as a potential indicator of a market top. He is tracking Coinbase's ranking in the App Store, which he sees as a contrarian indicator of market tops when it becomes highly ranked. The current crypto market sentiment suggest a potential range.
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