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A crypto strategist who accurately called Bitcoin’s collapse below $80,000 believes that BTC’s long-term uptrend will remain intact if it stays above a key price area.
In a new strategy session, pseudonymous analyst Cheds tells his 49,800 YouTube subscribers that Bitcoin appears to have broken out of a W pattern on the four-hour chart.
A W pattern is typically seen as a bullish reversal structure, as it suggests that an asset has printed a price floor after bouncing from a key support level twice.
“We had a break of the W and then a throwback, a throwback being a bullish retest from above. This looks pretty conducive, and this type of price action tells me, ‘Okay, we might be front running $72,000.’
Giving me a little bit of a confidence was a shift in equities markets, and the idea that price was at the MA (moving average) 50, and that’s been support.”
Cheds also says that Bitcoin will likely see higher prices as long as its immediate support level between $78,500 and $81,000 holds.
“Regain $81,000 and we’re back in business… Back above $81,000, we’re back with the idea of regaining that low time frame pivot corresponding with the high time frame support at the MA50, and with the idea that the bulls are going to recapture the trend, which is the rising MA200.”
At time of writing, Bitcoin is trading at $85,301.
 
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The fight for survival continues as Legon Cities, deep in the relegation zone, host defending champions Samartex 1996 in a must-win encounter at the University of Ghana Stadium on Sunday.
It’s another season of struggle for the Royals, who currently sit 17th on the Ghana Premier League table with just 22 points from 25 games. Their record of six wins, four draws, and 15 defeats leaves them with little margin for error as the campaign enters its final stretch.
Home form has been their saving grace—every one of their six victories this season has come at home, including a memorable triumph over Asante Kotoko on matchday six.
However, they’ve also drawn four and lost four times on home turf. On the road, they’ve been dismal—no wins, two draws, and 11 losses.
In their last five matches, Legon Cities have managed five points, but dropped points against struggling side Accra Lions, Karela United, and Young Apostles have severely dented their survival hopes.
Samartex, meanwhile, are six points off the top four. It’s been a season of mixed fortunes for the reigning champions, who have drawn more games (11) than they’ve won (8).
Their away form hasn’t been convincing either, with only two wins in 12 outings (W2 D6 L4), though they head into this game motivated by a 2-0 win over Accra Lions last weekend.
The Timber Giants will hope to make back to back wins against Legon Cities this season as they defeated them by a narrow 1-0 win at home on matchday 10.
Cities are three points adrift of 15th-placed Karela United and will be keeping a close eye on their fixture against Aduana FC.
For Legon Cities, this is more than just another fixture—it’s a fight for survival. For Samartex, it’s an opportunity to add to their away tally and edge closer to the top four.
Kick-off is at 15:00 GMT at the University of Ghana Stadium.
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Updated: June 8, 2024 12:04 PM IST
By Sumaila Zaman | Edited by Sumaila Zaman
Kerala Lottery Result Today 07-06-2024 Updates: Kerala Lottery results for Nirmal NR.383 Result ticket number will be declared today, June 07, 2024, at 3:00 PM. The live results for today’s Kerala Lottery Result will begin at 3:00 PM, and the official results will be published at 4:00 PM on Friday. The Kerala lottery result 2024 for the Nirmal NR.383 ticket number Lottery Result draw on June 06, 2024, will be held at Gorky Bhavan, Near Bakery Junction, Palayam, Thiruvananthapuram. Check the prize breakup here:-

LIVE Updates Kerala Lottery Result 
Disclaimer: Lottery participation can be addictive, and it is crucial to engage in it responsibly. The information presented on this page is for informational purposes exclusively and should not be interpreted as advice or encouragement. 
Kerala Lottery Result Today 07-06-2024(DECLARED): 7th Prize Rs.100/-

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Kerala Lottery Result Today 07-06-2024(DECLARED)4th Prize Rs.5,000/-

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Kerala Lottery Result Today 07-06-2024(DECLARED): 2nd Prize Rs.10,00,000/- [10 Lakhs]

2nd Prize Rs.10,00,000/- [10 Lakhs]
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Kerala Lottery Result Today 07-06-2024(DECLARED):Consolation Prize Rs.8,000/-

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NV 450891
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NN 585205
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NX 585205
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Nigerian food delivery startup Chowdeck has hired Henry Whyte, formerly senior operations manager at Bolt Ghana, to lead its expansion into Ghana.
The move marks a significant step in Chowdeck’s international growth, as it prepares to compete directly with Bolt Food in Accra.
It also highlights a pattern of poaching talent from rivals to drive expansion.
In July 2024, Chowdeck hired Umar Nas’ir, another senior Bolt exec, to head its Nigerian operations. Nas’ir previously led Bolt Nigeria across 20+ cities.
Together, Whyte and Nas’ir bring 13+ years of operational experience from Bolt—a strategic boost as Chowdeck builds out its asset-light logistics network alongside food delivery.
Source: TechCabal
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Bitcoin’s sell-side risk ratio shows steadfastness among long-term holders and volatility among the less committed short-term holders.
Cover art/illustration via CryptoSlate. Image includes combined content which may include AI-generated content.
As Bitcoin faces a market turbulence reminiscent of a rollercoaster, the sell-side risk ratio becomes a lens into investor reactions. Long-term holders appear unperturbed by geopolitical tensions and recent market fluctuations, viewing current conditions as ripe for accumulation. Their positivity is mirrored in their 30-day net position change, reinforcing a belief in the cryptocurrency’s future. But how does the volatile behavior of short-term holders influence this landscape? Could their influence potentially sway the market’s course or is there more beneath the surface? Discover the interplay shaping Bitcoin’s current saga.
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With the WINkLink listing on Kraken, the TRON ecosystem sees momentum through major fiat market integration and a $90,000 WIN airdrop.
Bitcoin, a decentralized currency that defies the sway of central banks or administrators, transacts electronically, circumventing intermediaries via a peer-to-peer network.
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Bitcoin Whale Demand Accelerating, Is BTCUSD Ready For $90,000?  99Bitcoins
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