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i just sold the chair to buy the dip..🥹
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📉BTC Price Analysis: Here's the First Critical Support if Bitcoin Drops Below $60K Bitcoin has seen a significant decline recently, dropping below key levels after failing to sustain above $70K. Here’s a breakdown of what’s happening: 📈 Technical Analysis On the daily chart, BTC has been trending downwards since early June after hitting resistance near $72K. It’s now approaching a critical support at $60K, with the 200-day moving average around $58K. A break below $60K could lead to further downside towards the moving average. On the 4-hour chart, BTC broke a large falling wedge pattern to the downside and is now testing the $60K support zone. The Relative Strength Index (RSI) suggests oversold conditions, hinting at a possible short-term rebound or consolidation around $60K. 📊 On-Chain Analysis The Short-Term Holder SOPR (Sell On Profit Ratio) reflects investor sentiment. As BTC’s price drops, many short-term holders are seeing their profits shrink, potentially leading to market exits and realized losses if prices dip below $60K. However, such lows could mark opportunities, especially in a continuing bull market scenario. 💬 Market Outlook While current indicators suggest caution with BTC approaching critical support levels, market sentiment remains pivotal. Traders are closely watching how BTC reacts around $60K, anticipating either a bounce or further downside towards $58K. Stay tuned for more updates as the market dynamics unfold. Remember, volatility in cryptocurrency markets offers both risks and opportunities. #Bitcoin #CryptoUpdate #MarketAnalysis #bitcoin #BTC☀️ ℹ️ Remember, trading cryptocurrencies involves risks. Always do your research and consider your risk tolerance before making investment decisions.
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🚀 Binance Labs Invests In Infrared To Grow Proof of Liquidity We're thrilled to announce that Binance Labs has invested in Infrared, a cutting-edge protocol focused on revolutionizing decentralized finance (DeFi) on Berachain. Infrared's mission is to simplify access to Berachain's Proof of Liquidity (PoL) mechanism through innovative liquid staking solutions for BGT and BERA. With this investment, Infrared plans to enhance Berachain's infrastructure, ensuring top-notch security and efficiency. Their liquid staking solutions like "iBGT" and "iBERA" will empower users to maximize the utility of their assets while retaining liquidity, fostering a vibrant DeFi ecosystem around BGT and iBGT. Yi He, Co-Founder of Binance, expressed excitement: "We look forward to supporting Infrared in driving the future growth of decentralized finance." Raito, Founder of Infrared, added: "This investment validates our vision. With Binance Labs' support, we're confident in building the infrastructure to propel Berachain forward." Stay tuned as Infrared continues to innovate and expand the possibilities of DeFi on Berachain! 🌟 #Infrared #BinanceLabs #DEFİ #Binance #BinanceSquareFamily
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I am telling you the names of some coins. If you buy them at this price, then in the coming time, the chances of making 10x-20x or 50x or 100x profit will be very high and there is only one condition to take this profit from here, you should have patience along with holding powers, if you hold these coins even for 1 year, then you will be able to earn very good profit. 1.OM 2.MANTA 3.JUP 4.ETHFI 5.PYTH 6.DYM 7.ONDO 8.ARB 9.OP 10.APT 👍
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🚨 Important Update from Mt. Gox Trustee 🚨 Great news for those affected by the Mt. Gox debacle! According to Bloomberg, the Mt. Gox trustee has announced that refunds in Bitcoin (BTC) and Bitcoin Cash (BCH) will begin from July 2024 onwards. Here are the key details: - Refunds will be issued as part of the Rehabilitation Plan. - The trustee has completed necessary preparations for the refunds. - Payments will be made in Bitcoin and Bitcoin Cash. Stay tuned for further updates as the process unfolds. This marks a significant step towards resolving one of the major issues in crypto history. 🌐💸 #MtGox #Bitcoin❗ #BitcoinCash #CryptoNews🚀🔥 #Binance
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🚨Why Terra Luna Classic (LUNC), USTC Prices Crashed Amid Massive 6.5 Bln LUNC Burn In the last 24 hours, Terra Luna Classic has seen significant developments impacting the community. Over 6.5 billion LUNC tokens were burned following announcements from Terraform Labs CEO Chris Amani. This move, aimed at reducing supply and increasing community pool holdings, has sparked intense trading activity. 🔥 **Key Highlights:** - **Token Burn:** Terraform Labs initiated a substantial burn of LUNC and USTC tokens from their wallets, totaling over 6.5 billion LUNC tokens. - **Market Impact:** This led to a sharp decline in LUNC's total and circulating supply, accompanied by a surge in trading volumes, which rose by over 600%. - **Price Movement:** LUNC experienced a significant price drop of over 19%, currently trading at $0.00007486, with fluctuations indicating active trader interest. - **Community Response:** Despite the sell-off, confidence remains high among Terra Luna Classic members, buoyed by upcoming developments like Tax2Gas implementation. 🌍 As the situation evolves, we continue to monitor market dynamics closely. Stay tuned for more updates and join the conversation on the future of Terra Luna Classic! #TerraformLabs c #LUNC #CryptoNews🚀🔥
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