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BTCMarketPanic
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The crypto market is experiencing significant turmoil, with Bitcoin plunging below $52K and Ether erasing all its 2024 gains. Over the past week, BTC has dropped 20%, while ETH has fallen 30%, driven by factors like Japan's interest rate hike and market uncertainty. The broader market sentiment is also affected by economic data, stock market declines, and upcoming U.S. elections.What are your thoughts on the current market situation? Let's discuss it! 💬🔍
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Bitcoin and Ether Plunge Amid Crypto Market Selloff and US Election UncertaintyAccording to The Block: Bitcoin and Ether experienced significant declines on Monday morning, with Bitcoin dropping 16.53% and Ether falling 23.75%. This selloff brought Bitcoin to its lowest level since February, trading at $49,883, and Ether to its lowest level since January, trading at $2,186. The broader cryptocurrency market saw a decline of 18.2%, with major tokens like BNB and XRP also experiencing significant losses.Key Factors Behind the DropSeveral factors contributed to the market's downturn:Market Sentiment: The selloff appears to be led by Ether, as large investors unwind their positions in the Grayscale Ethereum Trust (ETHE) amidst growing uncertainty.Economic Data: Recent payroll numbers revealed only 114,000 jobs added, stoking fears of a recession. This news, combined with significant stock market declines, including a 2.43% drop in the Nasdaq and a 1.84% drop in the S&P 500, added to market anxiety.Global Market Reactions: Japan's Nikkei 225 and Topix indices dropped around 7% amid rising concerns about global economic conditions.Jump Crypto Activity: Over the weekend, Jump Crypto moved large amounts of crypto assets, including Ether and USDT. Speculation suggests this may be linked to a U.S. Commodity Futures Trading Commission investigation, potentially indicating a broader market exit.US Election ImpactUncertainty surrounding the upcoming U.S. presidential election also weighs on the crypto market. Vice President Kamala Harris has seen increasing approval ratings, while former President Donald Trump, a known crypto supporter, sees declining influence. The addition of David Plouffe, a former Binance advisor, to Harris's campaign team signals potential engagement with the crypto community, though investor sentiment currently favours Trump.Market OutlookInvestors are closely monitoring the Jump Trading situation, election developments, and potential market corrections. With economic and political uncertainties looming, the crypto market's near-term outlook remains uncertain.

Bitcoin and Ether Plunge Amid Crypto Market Selloff and US Election Uncertainty

According to The Block: Bitcoin and Ether experienced significant declines on Monday morning, with Bitcoin dropping 16.53% and Ether falling 23.75%. This selloff brought Bitcoin to its lowest level since February, trading at $49,883, and Ether to its lowest level since January, trading at $2,186. The broader cryptocurrency market saw a decline of 18.2%, with major tokens like BNB and XRP also experiencing significant losses.Key Factors Behind the DropSeveral factors contributed to the market's downturn:Market Sentiment: The selloff appears to be led by Ether, as large investors unwind their positions in the Grayscale Ethereum Trust (ETHE) amidst growing uncertainty.Economic Data: Recent payroll numbers revealed only 114,000 jobs added, stoking fears of a recession. This news, combined with significant stock market declines, including a 2.43% drop in the Nasdaq and a 1.84% drop in the S&P 500, added to market anxiety.Global Market Reactions: Japan's Nikkei 225 and Topix indices dropped around 7% amid rising concerns about global economic conditions.Jump Crypto Activity: Over the weekend, Jump Crypto moved large amounts of crypto assets, including Ether and USDT. Speculation suggests this may be linked to a U.S. Commodity Futures Trading Commission investigation, potentially indicating a broader market exit.US Election ImpactUncertainty surrounding the upcoming U.S. presidential election also weighs on the crypto market. Vice President Kamala Harris has seen increasing approval ratings, while former President Donald Trump, a known crypto supporter, sees declining influence. The addition of David Plouffe, a former Binance advisor, to Harris's campaign team signals potential engagement with the crypto community, though investor sentiment currently favours Trump.Market OutlookInvestors are closely monitoring the Jump Trading situation, election developments, and potential market corrections. With economic and political uncertainties looming, the crypto market's near-term outlook remains uncertain.
How We are Going on 🚀 congratulations lovely members hope u in Heug profit prefect time perfect entry ⛔ Show Your Love ❣️ Follow me For more #BTCMarketPanic $ETH
How We are Going on 🚀
congratulations lovely members
hope u in Heug profit
prefect time perfect entry ⛔

Show Your Love ❣️
Follow me For more #BTCMarketPanic $ETH
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Eth short

Entry 2460 / 2560 Limit order

Sell In Rip Tp
30% 50% 100%

Move your stoploss when your in Profit

Stoploss 2821

Use low margin
2% 3% wallet size only

#Team Helping Hands
Stay Tuned Always
Don't penic
#BTCMarketPanic #RecessionOrDip? #BTCMarketPanic $ETH
Reasons behind market👎 Crash 💝 THAN HTAY Myint #MarketDownturn n't worry... Panic. 👉 #MarketDownturn There are four reasons behind #MarketDownturn market crash.You know middle east conflict Israel attack on Iran and killed a leader of a specific group. After that I want gave statement he will retailiate. This conflict is a man and major reason behind #MarketDownturns market crash.Second is Japanese stock market, and interest rate increase by Japanese government. From the past 30 years Japanese finans institutes gave loan to his businessman investors and Japanese community @ 0% now he is increase 0.25%. this is second reason.On the other hand in Bangladesh and United Kingdom faces some protest. In Bangladesh protest or very serious condition protesters stand to remove the government of ''sheikh haseena wajid'' that is prime minister of Bangladesh. In UK a person killed by terrorist the local communities blame this murdered by a Muslim so local community protest there that is little built impact of Uk market.All over United States stock market Nasadaq was also in downtrend in previous week. Tesla company owner and ward number 1 billionaire businessman alone musk also in whose lose the loss is almost 2.70$ billion. So how we will save from heavy lost here are some instructions, the patience don't worry and invest more if you have now investment to invest more than you should hold your owns and wait. Within a week less than a week market will start there recovery inshallah. stay update #BTCMarketPanic $BTC {future}(BTCUSDT)
Reasons behind market👎 Crash 💝
THAN HTAY Myint

#MarketDownturn n't worry... Panic.

👉

#MarketDownturn There are four reasons behind #MarketDownturn market crash.You know middle east conflict Israel attack on Iran and killed a leader of a specific group. After that I want gave statement he will retailiate. This conflict is a man and major reason behind #MarketDownturns market crash.Second is Japanese stock market, and interest rate increase by Japanese government. From the past 30 years Japanese finans institutes gave loan to his businessman investors and Japanese community @ 0% now he is increase 0.25%. this is second reason.On the other hand in Bangladesh and United Kingdom faces some protest. In Bangladesh protest or very serious condition protesters stand to remove the government of ''sheikh haseena wajid'' that is prime minister of Bangladesh. In UK a person killed by terrorist the local communities blame this murdered by a Muslim so local community protest there that is little built impact of Uk market.All over United States stock market Nasadaq was also in downtrend in previous week. Tesla company owner and ward number 1 billionaire businessman alone musk also in whose lose the loss is almost 2.70$ billion. So how we will save from heavy lost here are some instructions, the patience don't worry and invest more if you have now investment to invest more than you should hold your owns and wait. Within a week less than a week market will start there recovery inshallah. stay update #BTCMarketPanic $BTC
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#BTCMarketPanic Bitcoin deeping below 50k......we might hit 33k or 29k...BEFORE regaining straight up to infinity.
#BTCMarketPanic
Bitcoin deeping below 50k......we might hit 33k or 29k...BEFORE regaining straight up to infinity.
Bitcoin is experiencing a sharp decline without showing any signs of strength. The price broke below the key level of $50,000 but quickly rebounded. For a positive outcome, $BTC needs to close the candle above $50,000; otherwise, things will take a turn for the worse. It's advisable to keep accumulating during dips.Key Support Area: $50,000-$51,000 #BearishPhase #BTCMarketPanic #MarketDownturn #Write2Earn!
Bitcoin is experiencing a sharp decline without showing any signs of strength.

The price broke below the key level of $50,000 but quickly rebounded.

For a positive outcome, $BTC needs to close the candle above $50,000; otherwise, things will take a turn for the worse. It's advisable to keep accumulating during dips.Key Support Area: $50,000-$51,000
#BearishPhase #BTCMarketPanic #MarketDownturn #Write2Earn!
#BTCMarketPanic #RecessionOrDip? 😎Bitcoin decreased by more than 15% in the last 24 hours and fell below the level of $53,530. The fall has been stronger than before, and the previous support level has also been broken. The probability of the price continuing to fall to $50,000 is now very high because this is the next level of demand. In the current situation, it is better to stay away from trading and value your capital. {future}(BTCUSDT) $BTC
#BTCMarketPanic
#RecessionOrDip?
😎Bitcoin decreased by more than 15% in the last 24 hours and fell below the level of $53,530.

The fall has been stronger than before, and the previous support level has also been broken.

The probability of the price continuing to fall to $50,000 is now very high because this is the next level of demand.

In the current situation, it is better to stay away from trading and value your capital.
$BTC
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Bitcoin Recovers — Is The Storm Over? Thankfully, U.S. investors did not add to the ongoing sell pressure but initiated a sharp recovery today. Once the U.S. woke up and the markets opened, Bitcoin and the entire crypto market started rebounding. Certainly, most tokens are still down massively, but compared to the day's early morning, the situation has relaxed slightly. At the time of writing, Bitcoin is down 6% and Ethereum 8%. Some altcoins are still down double-digits while others have recovered almost completely (e.g. Solana), or have even turned green (Brett). The most important question is whether the storm is over or if this is just a bull trap before we start the next leg down. Unfortunately, no one can answer this with certainty. However, here's my view on it: If Bitcoin can close the day at the current level, it has achieved two important successes: 1️⃣ It showed strength and recovered strongly after its dip. The bulls showed that they haven't capitulated, and there's massive buying pressure below 50k. 2️⃣ Although we had a wick below the channel trendline, BTC did not close below the trendline. As mentioned in today's live session, I consider this super important to continue the pattern. In my post earlier today, I already highlighted that this was not the first time (and won't be the last time) we have seen such price actions. And yes, we might see another retest of the lower trendline and the 50k levels. However, I won't bet 1 cent on doom scenarios predicting Bitcoin at <30k (or even 20k). Conversely, I think two scenarios are possible: 1 - Bitcoin and the market move sideways during the weeks, testing the lower trendline a few times before ascending again. 2 - We will see a V-shaped recovery and pump back to the 60k level quickly. One thing is for sure: The next few days will remain exciting. Remember the most important rules: 1) No margin trades and 2) Never trade without stop loss! {spot}(BTCUSDT) {future}(ETHUSDT) $BTC $ETH #BTCMarketPanic #BTCMarketPanic
Bitcoin Recovers — Is The Storm Over?
Thankfully, U.S. investors did not add to the ongoing sell pressure but initiated a sharp recovery today. Once the U.S. woke up and the markets opened, Bitcoin and the entire crypto market started rebounding.
Certainly, most tokens are still down massively, but compared to the day's early morning, the situation has relaxed slightly.
At the time of writing, Bitcoin is down 6% and Ethereum 8%. Some altcoins are still down double-digits while others have recovered almost completely (e.g. Solana), or have even turned green (Brett).
The most important question is whether the storm is over or if this is just a bull trap before we start the next leg down. Unfortunately, no one can answer this with certainty.
However, here's my view on it:
If Bitcoin can close the day at the current level, it has achieved two important successes:
1️⃣ It showed strength and recovered strongly after its dip. The bulls showed that they haven't capitulated, and there's massive buying pressure below 50k.
2️⃣ Although we had a wick below the channel trendline, BTC did not close below the trendline. As mentioned in today's live session, I consider this super important to continue the pattern.
In my post earlier today, I already highlighted that this was not the first time (and won't be the last time) we have seen such price actions. And yes, we might see another retest of the lower trendline and the 50k levels.
However, I won't bet 1 cent on doom scenarios predicting Bitcoin at <30k (or even 20k).
Conversely, I think two scenarios are possible:
1 - Bitcoin and the market move sideways during the weeks, testing the lower trendline a few times before ascending again.
2 - We will see a V-shaped recovery and pump back to the 60k level quickly.
One thing is for sure: The next few days will remain exciting. Remember the most important rules: 1) No margin trades and 2) Never trade without stop loss!
$BTC $ETH #BTCMarketPanic #BTCMarketPanic
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Post about #MarketDownturn to win up to 1000 USDC!
Participate in our #MarketDownturn campaign for a chance to win up to 1000 USDC! Share your thoughts on the crypto market drop, its causes, and your strategies for making the most out of it. Let's stay strong and navigate this market together!
Campaign Period: 2024-08-05 00:00 to 2024-08-11 23:59 (UTC)

To Participate: 
Post your insights on the crypto market drop using the hashtag #MarketDownturn on Binance Square.
Include:
Analysis of what's causing the market drop;Your strategies for capitalizing on the downturn;Tips for staying strong and resilient during market fluctuations.
Make sure your post has a minimum length of 200 characters.

Guidelines:
Make certain your shared content is original and filled with insightful information. Posts with high engagement lacking original content may be disqualified.

Winner Selection: 
Twenty posts generating the most unique engagement will each be rewarded with 50 USDC.

Terms and Conditions:
This campaign may not be available in your region.Submissions will be evaluated by a panel from the Binance Square team, based on topic relevance, formatting, research quality, factual sourcing, and originality. Content must also align with Campaign Rules. Only content no shorter than 200 characters will qualify for the rewards.Posts that attempt to boost engagement by exploiting Red Packets and giveaways will be disqualified.Should a creator be declared a winner and be rewarded in any campaign, but subsequent findings reveal a violation of the campaign's rules on their part, their eligibility for future rewards will be suspended. The suspension period will commence from the end date of the campaign where the violation occurred and will last for 30 days.The content needs to be posted in Binance Square organically to qualify for the reward.In order to be eligible for a reward, your account must be completely configured, which includes a properly set up username and a profile picture. Winners of the week will be notified within 14 days via a push notification under Creator Center > Square Assistant. Entries by Media & Project partners will not be considered for this campaign.The FDUSD token voucher rewards will be distributed within 30 working days after the activity ends. Users may check their rewards via Profile > Rewards Hub. The validity period for the token voucher is set at seven days from the day of distribution. Learn how to redeem a voucher.Illegally bulk registered accounts or sub-accounts shall not be eligible to participate or receive any rewards. Binance reserves the right to disqualify any account acting against the Binance Square Community Guidelines or Terms and Conditions.Binance reserves the right at any time in its sole and absolute discretion to determine and/or amend or vary these terms and conditions without prior notice, including but not limited to canceling, extending, terminating or suspending this activity, the eligibility terms and criteria, the selection and number of winners, and the timing of any act to be done, and all participants shall be bound by these amendments.Binance reserves the right of final interpretation of this activity.Where any discrepancy arises between the translated versions of this announcement and the original English version, the English version of this announcement shall prevail.Additional promotion terms and conditions can be accessed here.
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😎Bitcoin decreased by more than 15% in the last 24 hours and fell below the level of $53,530. The fall has been stronger than before, and the previous support level has also been broken. The probability of the price continuing to fall to $50,000 is now very high because this is the next level of demand. In the current situation, it is better to stay away from trading and value your capital. Do your own research before trading. {spot}(BTCUSDT) #BTCMarketPanic
😎Bitcoin decreased by more than 15% in the last 24 hours and fell below the level of $53,530.

The fall has been stronger than before, and the previous support level has also been broken.

The probability of the price continuing to fall to $50,000 is now very high because this is the next level of demand.

In the current situation, it is better to stay away from trading and value your capital.

Do your own research before trading.
#BTCMarketPanic
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After a heavy dip in the price of BTC it has finally started to regain the 60k mark. In the last 2 hours $BTC Gained 2%. All those who bought BTC in dip are in profit. Follow me for more#BTCMarketPanic {spot}(BTCUSDT)
After a heavy dip in the price of BTC it has finally started to regain the 60k mark. In the last 2 hours $BTC Gained 2%. All those who bought BTC in dip are in profit. Follow me for more#BTCMarketPanic
Good Morning Friends, many people wondering what is going on the markets. Here is a few point which I think are important. Unfortunately its bad news, at least temporarily, but it really doesn't matter for us. We as traders should not be bullish or bearish. We should be able to make money on both sides market movements. And also, if you member 2020 corona out break was looking as end of the world and BTC pump Bull run started. BTC just likes every crisis ... Considering all economical problems as Inflation, Growing 35 trillions debet of the US, huge government spendings. high interest rates. The rise in the unemployment is the last thing needed for the recession. Technically we are already in the recession for some time. But its never official until the markets really feels it. Now unemployment has risen to 4.3 % in the 5% interest rates environment. and they will have to cut fast and sharply , let me show what has happen when they cutter sharply in last 3 cases. Above you can see a chart of the interest rates, you just add it to the charts of DJ30 or SP500 and you will see what happen. And same cut is coming now. We dont like it but BTC is still corelated to the stocks, so it will might drop also. But as mentioned. BTC likes crisis and all this crisis comes with the liquidity injections. Which means more currency debasement and when the printer goes brrrr.... Bitcoin pumps. I don't think BTC will crash further.. huge pump is coming soon... 🚀 Se descer abaixo dos $60.000... a pressão sobre as vendas de quem comprou em 2022, 2023 e 2024 vai aumentar abruptamente e podemos ter uma descida abaxo dos $40.000só esperando um missil no rabo do netanyahu pra melhorar...#BTCMarketPanic $BTC
Good Morning Friends,
many people wondering what is going on the markets. Here is a few point which I think are important.
Unfortunately its bad news, at least temporarily, but it really doesn't matter for us. We as traders should not be bullish or bearish.
We should be able to make money on both sides market movements.
And also, if you member 2020 corona out break was looking as end of the world and BTC pump Bull run started.
BTC just likes every crisis ...
Considering all economical problems as Inflation, Growing 35 trillions debet of the US, huge government spendings. high interest rates.
The rise in the unemployment is the last thing needed for the recession.
Technically we are already in the recession for some time. But its never official until the markets really feels it.
Now unemployment has risen to 4.3 % in the 5% interest rates environment.
and they will have to cut fast and sharply , let me show what has happen when they cutter sharply in last 3 cases.
Above you can see a chart of the interest rates, you just add it to the charts of DJ30 or SP500 and you will see what happen.
And same cut is coming now.
We dont like it but BTC is still corelated to the stocks, so it will might drop also.
But as mentioned. BTC likes crisis and all this crisis comes with the liquidity injections. Which means more currency debasement and when the printer goes brrrr.... Bitcoin pumps.
I don't think BTC will crash further.. huge pump is coming soon... 🚀 Se descer abaixo dos $60.000... a pressão sobre as vendas de quem comprou em 2022, 2023 e 2024 vai aumentar abruptamente e podemos ter uma descida abaxo dos $40.000só esperando um missil no rabo do netanyahu pra melhorar...#BTCMarketPanic $BTC
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Post about #MarketDownturn to win up to 1000 USDC!
Participate in our #MarketDownturn campaign for a chance to win up to 1000 USDC! Share your thoughts on the crypto market drop, its causes, and your strategies for making the most out of it. Let's stay strong and navigate this market together!
Campaign Period: 2024-08-05 00:00 to 2024-08-11 23:59 (UTC)

To Participate: 
Post your insights on the crypto market drop using the hashtag #MarketDownturn on Binance Square.
Include:
Analysis of what's causing the market drop;Your strategies for capitalizing on the downturn;Tips for staying strong and resilient during market fluctuations.
Make sure your post has a minimum length of 200 characters.

Guidelines:
Make certain your shared content is original and filled with insightful information. Posts with high engagement lacking original content may be disqualified.

Winner Selection: 
Twenty posts generating the most unique engagement will each be rewarded with 50 USDC.

Terms and Conditions:
This campaign may not be available in your region.Submissions will be evaluated by a panel from the Binance Square team, based on topic relevance, formatting, research quality, factual sourcing, and originality. Content must also align with Campaign Rules. Only content no shorter than 200 characters will qualify for the rewards.Posts that attempt to boost engagement by exploiting Red Packets and giveaways will be disqualified.Should a creator be declared a winner and be rewarded in any campaign, but subsequent findings reveal a violation of the campaign's rules on their part, their eligibility for future rewards will be suspended. The suspension period will commence from the end date of the campaign where the violation occurred and will last for 30 days.The content needs to be posted in Binance Square organically to qualify for the reward.In order to be eligible for a reward, your account must be completely configured, which includes a properly set up username and a profile picture. Winners of the week will be notified within 14 days via a push notification under Creator Center > Square Assistant. Entries by Media & Project partners will not be considered for this campaign.The FDUSD token voucher rewards will be distributed within 30 working days after the activity ends. Users may check their rewards via Profile > Rewards Hub. The validity period for the token voucher is set at seven days from the day of distribution. Learn how to redeem a voucher.Illegally bulk registered accounts or sub-accounts shall not be eligible to participate or receive any rewards. Binance reserves the right to disqualify any account acting against the Binance Square Community Guidelines or Terms and Conditions.Binance reserves the right at any time in its sole and absolute discretion to determine and/or amend or vary these terms and conditions without prior notice, including but not limited to canceling, extending, terminating or suspending this activity, the eligibility terms and criteria, the selection and number of winners, and the timing of any act to be done, and all participants shall be bound by these amendments.Binance reserves the right of final interpretation of this activity.Where any discrepancy arises between the translated versions of this announcement and the original English version, the English version of this announcement shall prevail.Additional promotion terms and conditions can be accessed here.
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Post about #MarketDownturn to win up to 1000 USDC!
Participate in our #MarketDownturn campaign for a chance to win up to 1000 USDC! Share your thoughts on the crypto market drop, its causes, and your strategies for making the most out of it. Let's stay strong and navigate this market together!
Campaign Period: 2024-08-05 00:00 to 2024-08-11 23:59 (UTC)

To Participate: 
Post your insights on the crypto market drop using the hashtag #MarketDownturn on Binance Square.
Include:
Analysis of what's causing the market drop;Your strategies for capitalizing on the downturn;Tips for staying strong and resilient during market fluctuations.
Make sure your post has a minimum length of 200 characters.

Guidelines:
Make certain your shared content is original and filled with insightful information. Posts with high engagement lacking original content may be disqualified.

Winner Selection: 
Twenty posts generating the most unique engagement will each be rewarded with 50 USDC.

Terms and Conditions:
This campaign may not be available in your region.Submissions will be evaluated by a panel from the Binance Square team, based on topic relevance, formatting, research quality, factual sourcing, and originality. Content must also align with Campaign Rules. Only content no shorter than 200 characters will qualify for the rewards.Posts that attempt to boost engagement by exploiting Red Packets and giveaways will be disqualified.Should a creator be declared a winner and be rewarded in any campaign, but subsequent findings reveal a violation of the campaign's rules on their part, their eligibility for future rewards will be suspended. The suspension period will commence from the end date of the campaign where the violation occurred and will last for 30 days.The content needs to be posted in Binance Square organically to qualify for the reward.In order to be eligible for a reward, your account must be completely configured, which includes a properly set up username and a profile picture. Winners of the week will be notified within 14 days via a push notification under Creator Center > Square Assistant. Entries by Media & Project partners will not be considered for this campaign.The FDUSD token voucher rewards will be distributed within 30 working days after the activity ends. Users may check their rewards via Profile > Rewards Hub. The validity period for the token voucher is set at seven days from the day of distribution. Learn how to redeem a voucher.Illegally bulk registered accounts or sub-accounts shall not be eligible to participate or receive any rewards. Binance reserves the right to disqualify any account acting against the Binance Square Community Guidelines or Terms and Conditions.Binance reserves the right at any time in its sole and absolute discretion to determine and/or amend or vary these terms and conditions without prior notice, including but not limited to canceling, extending, terminating or suspending this activity, the eligibility terms and criteria, the selection and number of winners, and the timing of any act to be done, and all participants shall be bound by these amendments.Binance reserves the right of final interpretation of this activity.Where any discrepancy arises between the translated versions of this announcement and the original English version, the English version of this announcement shall prevail.Additional promotion terms and conditions can be accessed here.
#BTCMarketPanic 😎Bitcoin Triple Threat: Three Signals for a BTC Price Rebound! A top analyst has identified three key signals suggesting a potential Bitcoin price rebound. Are you ready for the next BTC surge? ☑️Bullish Divergence: BTC's price shows a bullish divergence, indicating a possible upward movement. ☑️On-Chain Metrics: Strong on-chain metrics support a positive trend for Bitcoin. ☑️Market Sentiment: Improving market sentiment hints at a brighter future for BTC. #BTCMarketPanic $BTC {spot}(BTCUSDT)
#BTCMarketPanic
😎Bitcoin Triple Threat: Three Signals for a BTC Price Rebound!

A top analyst has identified three key signals suggesting a potential Bitcoin price rebound. Are you ready for the next BTC surge?

☑️Bullish Divergence: BTC's price shows a bullish divergence, indicating a possible upward movement.

☑️On-Chain Metrics: Strong on-chain metrics support a positive trend for Bitcoin.

☑️Market Sentiment: Improving market sentiment hints at a brighter future for BTC.
#BTCMarketPanic $BTC
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Post about #MarketDownturn to win up to 1000 USDC!
Participate in our #MarketDownturn campaign for a chance to win up to 1000 USDC! Share your thoughts on the crypto market drop, its causes, and your strategies for making the most out of it. Let's stay strong and navigate this market together!
Campaign Period: 2024-08-05 00:00 to 2024-08-11 23:59 (UTC)

To Participate: 
Post your insights on the crypto market drop using the hashtag #MarketDownturn on Binance Square.
Include:
Analysis of what's causing the market drop;Your strategies for capitalizing on the downturn;Tips for staying strong and resilient during market fluctuations.
Make sure your post has a minimum length of 200 characters.

Guidelines:
Make certain your shared content is original and filled with insightful information. Posts with high engagement lacking original content may be disqualified.

Winner Selection: 
Twenty posts generating the most unique engagement will each be rewarded with 50 USDC.

Terms and Conditions:
This campaign may not be available in your region.Submissions will be evaluated by a panel from the Binance Square team, based on topic relevance, formatting, research quality, factual sourcing, and originality. Content must also align with Campaign Rules. Only content no shorter than 200 characters will qualify for the rewards.Posts that attempt to boost engagement by exploiting Red Packets and giveaways will be disqualified.Should a creator be declared a winner and be rewarded in any campaign, but subsequent findings reveal a violation of the campaign's rules on their part, their eligibility for future rewards will be suspended. The suspension period will commence from the end date of the campaign where the violation occurred and will last for 30 days.The content needs to be posted in Binance Square organically to qualify for the reward.In order to be eligible for a reward, your account must be completely configured, which includes a properly set up username and a profile picture. Winners of the week will be notified within 14 days via a push notification under Creator Center > Square Assistant. Entries by Media & Project partners will not be considered for this campaign.The FDUSD token voucher rewards will be distributed within 30 working days after the activity ends. Users may check their rewards via Profile > Rewards Hub. The validity period for the token voucher is set at seven days from the day of distribution. Learn how to redeem a voucher.Illegally bulk registered accounts or sub-accounts shall not be eligible to participate or receive any rewards. Binance reserves the right to disqualify any account acting against the Binance Square Community Guidelines or Terms and Conditions.Binance reserves the right at any time in its sole and absolute discretion to determine and/or amend or vary these terms and conditions without prior notice, including but not limited to canceling, extending, terminating or suspending this activity, the eligibility terms and criteria, the selection and number of winners, and the timing of any act to be done, and all participants shall be bound by these amendments.Binance reserves the right of final interpretation of this activity.Where any discrepancy arises between the translated versions of this announcement and the original English version, the English version of this announcement shall prevail.Additional promotion terms and conditions can be accessed here.
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