BTC continues to account for the majority of outflows, reflecting cautious institutional sentiment in the current market environment.
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BTC bounced from the $58K support as expected and has reclaimed the short-term EMAs. The liquidity map shows more liquidity above, increasing the chances of a move toward $61Kโ$62.5K.
I'm still looking for strong volume and acceptance above these levels before turning bullish. Until then, this remains a relief bounce within the broader trend
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RBI crypto update | Government meeting on crypto regulation | India crypto regulation
https://youtube.com/shorts/yQkOoxspvrs?feature=share
https://youtube.com/shorts/yQkOoxspvrs?feature=share
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๐ Bank Nifty Update
Bank Nifty continues to hold its bullish structure, trading above the short-term EMAs after a strong recovery. Price is now approaching the 58,600 resistance, which is the key level to watch.
A breakout above this level could extend the rally, while rejection may lead to a pullback toward the 57,600โ57,900 support zone.
Bias remains bullish as long as support holds. ๐
Bank Nifty continues to hold its bullish structure, trading above the short-term EMAs after a strong recovery. Price is now approaching the 58,600 resistance, which is the key level to watch.
A breakout above this level could extend the rally, while rejection may lead to a pullback toward the 57,600โ57,900 support zone.
Bias remains bullish as long as support holds. ๐
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X | Instagram | YouTube
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Forwarded from Old SmartViewAi.com Premium Whales Club
๐ Bank Nifty Update
Bank Nifty continues to hold its bullish structure, trading above the short-term EMAs after a strong recovery. Price is now approaching the 58,600 resistance, which is the key level to watch.
A breakout above this level could extend the rally, while rejection may lead to a pullback toward the 57,600โ57,900 support zone.
Bias remains bullish as long as support holds. ๐
Bank Nifty continues to hold its bullish structure, trading above the short-term EMAs after a strong recovery. Price is now approaching the 58,600 resistance, which is the key level to watch.
A breakout above this level could extend the rally, while rejection may lead to a pullback toward the 57,600โ57,900 support zone.
Bias remains bullish as long as support holds. ๐
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