Binance Square
FollowYourBrotherForMore
88,040 views
60 Posts
Hot
Latest
LIVE
LIVE
Maher Ūmār
--
Bullish
There are many ways to earn free cryptocurrency using Binance. Here are a few avenues you can explore: 1. Referral Program Binance offers a referral program to reward users who bring in new traders. When people sign up through your referral link and trade, you can earn a percentage. 2. Binance Staking Binance offers staking rewards for some cryptocurrencies. You can earn more coins by staking your tokens. Discover the various staking options on the platform. 3. Binance Launchpad Binance Launchpad hosts token sales from time to time for new projects. These sales can be a great way to get new tokens early. 4. Binance Savings Binance Savings offers users the opportunity to earn interest on idle cryptocurrency. Binance Savings allows you to deposit certain cryptocurrencies and earn passive income. 5. Airdrops, promotions and airdrops: Binance will announce airdrops, promotional events, and other news. Binance sometimes partners with projects in order to give tokens away to users. 6. Binance Earn: Binance Earn provides a variety of financial products, including flexible savings, fixed-term deposits, and fixed-rate deposits. These products allow users to earn interest on their cryptocurrency deposits. 7. Take part in Binance contests Binance hosts trading competitions and other challenges that offer cryptocurrency rewards. You can earn free tokens by participating and performing well at these competitions. 8. Binance Affiliate Program Binance offers an affiliate program for those who have websites or significant online presence. You can earn commissions by referring users to Binance through your affiliate link. Important Considerations: -Security : Prioritize the security of Binance accounts. Be cautious about phishing and use two-factor authentication. : Research before participating in a program or promotion. Be familiar with the regulations in your area. Certain services may be restricted based on where you are located. #FollowYourBrotherForMore #learntoearnmay #BinanceReferralProgram #BinanceLaunchpool #free_reward
There are many ways to earn free cryptocurrency using Binance. Here are a few avenues you can explore:
1. Referral Program

Binance offers a referral program to reward users who bring in new traders. When people sign up through your referral link and trade, you can earn a percentage.

2. Binance Staking

Binance offers staking rewards for some cryptocurrencies. You can earn more coins by staking your tokens. Discover the various staking options on the platform.
3. Binance Launchpad

Binance Launchpad hosts token sales from time to time for new projects. These sales can be a great way to get new tokens early.

4. Binance Savings

Binance Savings offers users the opportunity to earn interest on idle cryptocurrency. Binance Savings allows you to deposit certain cryptocurrencies and earn passive income.

5. Airdrops, promotions and airdrops:

Binance will announce airdrops, promotional events, and other news. Binance sometimes partners with projects in order to give tokens away to users.

6. Binance Earn:

Binance Earn provides a variety of financial products, including flexible savings, fixed-term deposits, and fixed-rate deposits. These products allow users to earn interest on their cryptocurrency deposits.

7. Take part in Binance contests

Binance hosts trading competitions and other challenges that offer cryptocurrency rewards. You can earn free tokens by participating and performing well at these competitions.

8. Binance Affiliate Program

Binance offers an affiliate program for those who have websites or significant online presence. You can earn commissions by referring users to Binance through your affiliate link.

Important Considerations:

-Security : Prioritize the security of Binance accounts. Be cautious about phishing and use two-factor authentication.

: Research before participating in a program or promotion.

Be familiar with the regulations in your area. Certain services may be restricted based on where you are located.
#FollowYourBrotherForMore
#learntoearnmay #BinanceReferralProgram #BinanceLaunchpool #free_reward
LIVE
--
Bullish
Here We Go!!! 15-MAY-2024 🔥🔥🔥🔥 Z5OVYY0C 🔥🔥🔥🔥 S76K4HI5🏖️V300RLCG🏖️MWWHWA47🏖️KHWUK5E0🏖️1PLFCXK1🏖️foawiwlo🏖️L0G1KY5F🏖️94GGJIEX🏖️7I6R246P🏖️YC8O3BF9🏖️H8I47IKP🏖️M1YQDBZR🏖️VP6ZUL75🏖️K95P5N5L🏖️SGTUNNT8🏖️89YENJ0F🏖️TSRF3REW🏖️9RMYPCKO🏖️G4XCI6UV🏖️ Copy the code and paste on the red packet🧧🧧🧧 you will get something hurry🚴三🚴三🚴三🚴三 up guys #Megadrop #Follow_Like_Comment #FollowYourBrotherForMore
Here We Go!!!

15-MAY-2024

🔥🔥🔥🔥 Z5OVYY0C 🔥🔥🔥🔥

S76K4HI5🏖️V300RLCG🏖️MWWHWA47🏖️KHWUK5E0🏖️1PLFCXK1🏖️foawiwlo🏖️L0G1KY5F🏖️94GGJIEX🏖️7I6R246P🏖️YC8O3BF9🏖️H8I47IKP🏖️M1YQDBZR🏖️VP6ZUL75🏖️K95P5N5L🏖️SGTUNNT8🏖️89YENJ0F🏖️TSRF3REW🏖️9RMYPCKO🏖️G4XCI6UV🏖️

Copy the code and paste on the red packet🧧🧧🧧

you will get something

hurry🚴三🚴三🚴三🚴三 up guys

#Megadrop
#Follow_Like_Comment
#FollowYourBrotherForMore
LIVE
TIGRE_48
--
#ETFvsBTC
• ¿ Que sera mejor ? invertir en ETF de Bitcoin o directamente comprar Bitcoin ( #ETFvsBTC )

• 🐯_Aquí esta la respuesta :
• Los ETF de Bitcoin son una ventaja para quienes se sienten seguros con más regulaciones , en líneas generales esta es una ventaja para aquellos que ya estaban invirtiendo en ETF y se sienten cómodos y seguros con este método de inversión .

• Puntos importantes :
Ventajas de invertir en ETF de BTC:
• Mas regulación
• Facilidad de inversión

•🐯_ Pero se puede considerar una desventaja para aquellos que valoran la independencia y la participación directa en el mundo de las criptomonedas. , Es decir, para aquellos usuarios que ya son inversiones de cryptomonedas y se sienten cómodos siendo los propietarios de la crypto BTC .

• Puntos importantes :
Desventajas de invertir en ETF de BTC :
• Elimina la propiedad directa de BTC .
• Comisiones de gestión

•🐯_ Todo depende del inversor, para algunos es una ventaja y para otros desventajas .

• 🐯_ La única intención de este Artículo es participar en #ETFvsBTC , que fue anunciado por @Binance Square Official en Esta publicación ( 🔗🔍👀 ) • ✅_ Abordamos la consigna de hablar sobre Las ventajas y desventajas de invertir en ETF de Bitcoin frente a la compra directa de BTC .• ✅_ Cumplíamos también con las reglas de que el contenido sea original, informativo y esté basado en incidentes reales . • 🐯_ Aclaración: En ningún momento aconsejo una inversión , siempre haga su propia investigación ( DYOR ) • 🖼️_ Las imágenes de este artículo fueron extraídas del blog de Binance academy • 🔍_ La information de este artículo fue extraída de blogs de Binance y otros medios oficiales .
LIVE
--
Bullish
🚀🚀🚀🚀BOOM BOOM BOOM🚀🚀🚀🚀 Crypto Market Enters The Greed Zone: Start Of Bull Run? 1/2 $BTC $ETH $BNB Is It The Start Of The Bull Run? Today marks the first day of a greedy zone after weeks, but concluding it the beginning of a bull zone will be going too far. However, this is the first all-green day for all cryptocurrencies, and if the trend continues, the upcoming days might mark the beginning of a bull rally for cryptocurrencies. More importantly, the RealVision founder and CEO, Raoul Pal has hinted toward the upcoming banana zone, which is a phase of a Bull run. He believes that the super bullish banana zone is just weeks away and will begin by June middle. And the banana zone will make the cryptocurrency prices go crazy for good. He also claimed the market cap will quadruple by the end of this bull cycle in 2025. Raoul Pal says that Bitcoin halving is usually followed by a consolidation period where the market drops around 20%. But then a free rise occurs, which is the transition of the crypto market from macro spring to macro summer. This transition period is what brings the banana zone. Final Thoughts The historical evidence does support Raoul’s prediction, but the exact movement of the crypto market is hard to predict. The summer rally hasn’t continued every single year, but in 2013 and 2017, the crypto market followed this banana zone. If 2024 turned out similar to the following two, a bull rally might be witnessed by the investors. #FollowYourBrotherForMore #Memecoins #BinanceLaunchpool
🚀🚀🚀🚀BOOM BOOM BOOM🚀🚀🚀🚀

Crypto Market Enters The Greed Zone: Start Of Bull Run?

1/2

$BTC
$ETH
$BNB

Is It The Start Of The Bull Run?

Today marks the first day of a greedy zone after weeks, but
concluding it the beginning of a bull zone will be going too far.
However, this is the first all-green day for all cryptocurrencies, and if the trend continues, the upcoming days might mark the beginning of a bull rally for cryptocurrencies.

More importantly, the RealVision founder and CEO, Raoul Pal
has hinted toward the upcoming banana zone, which is a phase of a Bull run. He believes that the super bullish banana zone is just weeks away and will begin by June middle. And the banana zone will make the cryptocurrency prices go crazy for good. He also claimed the market cap will quadruple by the end of this bull cycle in 2025.

Raoul Pal says that Bitcoin halving is usually followed by a consolidation period where the market drops around 20%. But then a free rise occurs, which is the transition of the crypto market from macro spring to macro summer. This transition period is what brings the banana zone.

Final Thoughts

The historical evidence does support Raoul’s prediction, but the exact movement of the crypto market is hard to predict. The summer rally hasn’t continued every single year, but in 2013 and 2017, the crypto market followed this banana zone. If 2024 turned out similar to the following two, a bull rally might be witnessed by the investors.

#FollowYourBrotherForMore
#Memecoins
#BinanceLaunchpool
Lido Finance Achieves Major Milestone in Ethereum Network 1/2 In Brief 1. Lido Finance surpasses one million validators on Ethereum. 2. Staked ETH by Lido represents 28.5% of total Ethereum staked. 3. Concerns grow about centralization risks with Lido's dominance. Ethereum‘s largest decentralized finance (DeFi) protocol, Lido Finance,has reached an important milestone by surpassing one million validators. Maintaining its leading position among liquid staking protocols, Lido has made staking on the Ethereum network more accessible, significantly accelerating this mechanism. Significant Achievement from Lido Finance According to information announced by Lido Finance, the protocol has now successfully exceeded one million validators on the Ethereum network. This news was made public in a post dated April 29. Liquid staking protocols like Lido play a crucial role by simplifying staking for individual users who need substantial capital to run their own validator nodes on Ethereum. According to Dune data, Lido Finance currently represents 28.5% of the total ETH staked. This impressive figure shows that more than 27% of the total Ethereum supply is staked on the Ethereum network. Additionally, major exchanges like Coinbase also support Lido with a 13.6% share. Liquid staking protocols are recording rapid growth by offering liquidity advantages to users. Lido users stake their ETH with the protocol and receive staked ETH (stETH) in return. This staked ETH can also be used in other DeFi protocols. However, in regular staking, tokens remain locked and unusable as long as they are staked. Significant Growth in Total Locked Value The growth of the DeFi ecosystem continues to increase with the influence of key players like liquid staking protocols. Protocols like Lido hold a significant share in the total DeFi TVL. According to DeFiLlama, liquid staking protocols have surpassed a total TVL of $47.7 billion, with Lido leading at $29.9 billion. #Megadrop #FollowYourBrotherForMore #write2earn🌐💹
Lido Finance Achieves Major Milestone in Ethereum Network

1/2
In Brief

1. Lido Finance surpasses one million validators on Ethereum.
2. Staked ETH by Lido represents 28.5% of total Ethereum staked.
3. Concerns grow about centralization risks with Lido's dominance.

Ethereum‘s largest decentralized finance (DeFi) protocol, Lido Finance,has reached an important milestone by surpassing one million validators. Maintaining its leading position among liquid staking protocols, Lido has made staking on the Ethereum network more accessible, significantly accelerating this mechanism.

Significant Achievement from Lido Finance

According to information announced by Lido Finance, the protocol has now successfully exceeded one million validators on the Ethereum network. This news was made public in a post
dated April 29. Liquid staking protocols like Lido play a crucial role by simplifying staking for individual users who need substantial capital to run their own validator nodes on Ethereum.

According to Dune data, Lido Finance currently represents 28.5% of the total ETH staked. This impressive figure shows that more than 27% of the total Ethereum supply is staked on the Ethereum network. Additionally, major exchanges like Coinbase also support Lido with a 13.6% share.

Liquid staking protocols are recording rapid growth by offering
liquidity advantages to users. Lido users stake their ETH with the
protocol and receive staked ETH (stETH) in return. This staked ETH can also be used in other DeFi protocols. However, in regular staking, tokens remain locked and unusable as long as they are staked.

Significant Growth in Total Locked Value

The growth of the DeFi ecosystem continues to increase with the influence of key players like liquid staking protocols. Protocols like Lido hold a significant share in the total DeFi TVL. According to DeFiLlama, liquid staking protocols have surpassed a total TVL of $47.7 billion, with Lido leading at $29.9 billion.

#Megadrop
#FollowYourBrotherForMore
#write2earn🌐💹
how to don't lose money in #REZ ? First you can lose money like you did with $SAGA & $OMNI launchpool or you can earn money as i did with $ENA launchpool 🚀🚀🚀🚀🚀🚀🚀 if the price if rez was a 0.$ so you buy till you see it hits it's maximum top then sell but if it was more than 5$ don't be rush just wait to see how it's act after maybe 1 hour you can see it's dropping down or stable then buy and make a stop loss guys don't get fooled as what happened in omni some people buy it at 50$ and now it's price is 20$ so take care my friends follow me🥰🥰 #BinanceLaunchpool #Megadrop #BullorBear #FollowYourBrotherForMore
how to don't lose money in #REZ ?
First you can lose money like you did with $SAGA & $OMNI launchpool
or you can earn money as i did with $ENA launchpool
🚀🚀🚀🚀🚀🚀🚀
if the price if rez was a 0.$ so you buy till you see it hits it's maximum top then sell
but if it was more than 5$ don't be rush just wait to see how it's act after maybe 1 hour you can see it's dropping down or stable then buy and make a stop loss guys
don't get fooled as what happened in omni some people buy it at 50$ and now it's price is 20$ so take care my friends
follow me🥰🥰
#BinanceLaunchpool #Megadrop #BullorBear #FollowYourBrotherForMore
LIVE
--
Bullish
🚀🚀🚀🚀BOOM BOOM BOOM🚀🚀🚀🚀 Crypto Market Enters The Greed Zone: Start Of Bull Run? 1/2 $BTC $ETH $BNB Finally, after weeks, the crypto market has bounced to the greed zone, favoring the cryptocurrency gains today. But is it the start of a bull run? Let's explore. After weeks of falling market with declining cryptocurrency gains, the crypto market has finally recovered from the neutral market conditions. 2024 started with a super greed zone, which initiated the weeks-long bull market conditions before witnessing a fall last month. The declining conditions continued till a day earlier, while today, the market has again entered the greed zone with the recovery in multiple cryptocurrency prices. So is it the start of a bull run or what? Let us discuss that in this blog. Overall Crypto Market Conditions The crypto market has received its boost today after the reveal of the Consumer Price Index (CPI) data, highlighting the decline in the inflation rate. Moments after the CPI report, the Bitcoin price started to boom, and it rose to a high of $66,458. Bitcoin is currently trading at $66,184.23 while maintaining bullish sentiments. The direct impact is also visible on the altcoins, including Ethereum, which has surged to $3,019 after its yesterday’s decline. The Bitcoin price surge has aided the entire market recovery as the crypto market heat map is all green. The global market cap has also surged to $ 2.38 trillion, jumping 5.3% from yesterday. More importantly, the trading volume is about to hit the $ 100 billion mark with a 40% jump, the highest position for this month. The meme market already had steady growth even in the sluggish market conditions, but today, the market cap has surged 6.34%, and the same is true for its trading volume. Talking of the Solana network, the trading volume is up by 24%, but the market cap has declined a little. However, the demand is still for the Solana meme coins. #MicroStrategy #FollowYourBrotherForMore #write2earn🌐💹
🚀🚀🚀🚀BOOM BOOM BOOM🚀🚀🚀🚀

Crypto Market Enters The Greed Zone: Start Of Bull Run?

1/2

$BTC
$ETH
$BNB

Finally, after weeks, the crypto market has bounced to the greed zone, favoring the cryptocurrency gains today. But is it the start of a bull run? Let's explore.

After weeks of falling market with declining cryptocurrency gains, the crypto market has finally recovered from the neutral market conditions. 2024 started with a super greed zone, which initiated the weeks-long bull market conditions before witnessing a fall last month. The declining conditions continued till a day earlier, while today, the market has again entered the greed zone with the recovery in multiple cryptocurrency prices.

So is it the start of a bull run or what? Let us discuss that in this blog.

Overall Crypto Market Conditions

The crypto market has received its boost today after the reveal of the Consumer Price Index (CPI) data, highlighting the decline in the inflation rate. Moments after the CPI report, the Bitcoin price started to boom, and it rose to a high of $66,458. Bitcoin is currently trading at $66,184.23 while maintaining bullish sentiments. The direct impact is also visible on the altcoins, including Ethereum, which has surged to $3,019 after its yesterday’s decline.

The Bitcoin price surge has aided the entire market recovery as the crypto market heat map is all green. The global market cap has also surged to $ 2.38 trillion, jumping 5.3% from yesterday. More importantly, the trading volume is about to hit the $ 100 billion mark with a 40% jump, the highest position for this month.

The meme market already had steady growth even in the sluggish market conditions, but today, the market cap has surged 6.34%, and the same is true for its trading volume. Talking of the Solana network, the trading volume is up by 24%, but the market cap has declined a little. However, the demand is still for the Solana meme coins.
#MicroStrategy
#FollowYourBrotherForMore
#write2earn🌐💹
🚀🚀🚀💥💥$BNB 💥💥🚀🚀🚀 BNB Price Soars 3% Amid Binance’s Latest Spot Trading Update 1/2 Binance Coin (BNB) surged 3% following Binance's announcement of tick size adjustments to enhance market liquidity and trading experience. Discover how these changes impact BNB's performance and market outlook. Highlights - BNB experienced a 3% price surge following Binance's announcement of tick size adjustments aimed at enhancing market liquidity and trading experience. - The adjustments are scheduled for May 23, 2024, and will refine the precision of price changes without impacting ongoing spot trading activities. - BNB's current live price is $582.70, with bullish signals suggesting potential further gains, while traders monitor the price movement relative to the symmetrical triangle pattern. BNB experienced a notable 3% price surge following Binance’s recent announcement, which has generated significant excitement and speculation among traders. This update, aimed at increasing market liquidity and enhancing the trading experience, involves adjustments to the tick size,or the minimum price movement of a trading pair. Such changes are expected to lead to more precise and efficient trading, reflecting Binance’s commitment to continuously improving its platform’s functionality. Details of Binance’s Spot Trading Tick Size Update BNB soared 2.29% within 24 hours, indicating heightened buy pressure from the bulls in response to Binance’s latest spot trading update. The primary focus of this update is to enhance market liquidity and improve the overall trading experience by adjusting the tick size for certain trading pairs. These adjustments are scheduled to be implemented on May 23 between 05:00 (UTC) and 07:00 (UTC). #write2earnonbinancesquare #FollowYourBrotherForMore #Follow_Like_Comment
🚀🚀🚀💥💥$BNB 💥💥🚀🚀🚀

BNB Price Soars 3% Amid Binance’s Latest Spot Trading Update

1/2

Binance Coin (BNB) surged 3% following Binance's announcement of tick size adjustments to enhance market liquidity and trading experience. Discover how these changes impact BNB's performance and market outlook.

Highlights

- BNB experienced a 3% price surge following Binance's announcement of tick size adjustments aimed at enhancing market liquidity and trading experience.

- The adjustments are scheduled for May 23, 2024, and will refine the precision of price changes without impacting ongoing
spot trading activities.

- BNB's current live price is $582.70, with
bullish signals suggesting potential further gains, while traders
monitor the price movement relative to the symmetrical triangle pattern.

BNB experienced a notable 3% price surge following Binance’s recent announcement, which has generated significant excitement and speculation among traders. This update, aimed at increasing market liquidity and enhancing the trading experience, involves adjustments to the tick size,or the minimum price movement of a trading pair. Such changes are expected to lead to more precise and efficient trading, reflecting Binance’s commitment to continuously improving its platform’s functionality.

Details of Binance’s Spot Trading Tick Size Update

BNB soared 2.29% within 24 hours, indicating heightened buy pressure from the bulls in response to Binance’s latest spot trading update.
The primary focus of this update is to enhance market liquidity and improve the overall trading experience by adjusting the tick size for certain trading pairs. These adjustments are scheduled to be implemented on May 23 between 05:00 (UTC) and 07:00 (UTC).

#write2earnonbinancesquare
#FollowYourBrotherForMore
#Follow_Like_Comment
These cryptocurrencies could face selling pressure according to an analyst: STRK, ENA, OMNI, JUP, ONDO 2/2 Add this to the scheduled unlocks from 2023 and prior, several cliffs are ending this year. Cliff unlocks refer to the release of tokens held in a locked state on a specific date. Several altcoins will see their cliffs ending in 2024, meaning a large supply of these tokens will enter circulation, in a market that is already flooded with consistent liquidity injections.  Prominent assets among the above are JUP, END, ONDO and W, the top four cryptocurrencies with market value that exceeds $1 billion. Several other assets in the list are Binance Initial Exchange Offering (IEO) tokens.  Market participants need to take a note of these altcoins and watch for increase in circulating supply, rising selling pressure could push prices lower.  #FollowYourBrotherForMore #FollowAndRetweet #write2earn🌐💹
These cryptocurrencies could face selling pressure according to an analyst: STRK, ENA, OMNI, JUP, ONDO

2/2

Add this to the scheduled unlocks from 2023 and prior, several cliffs are ending this year. Cliff unlocks refer to the release of tokens held in a locked state on a specific date. Several altcoins will see their cliffs ending in 2024, meaning a large supply of these tokens will enter circulation, in a market that is already flooded with consistent liquidity injections. 

Prominent assets among the above are JUP, END, ONDO
and W, the top four cryptocurrencies with market value that exceeds $1 billion. Several other assets in the list are Binance Initial Exchange Offering (IEO) tokens. 

Market participants need to take a note of these altcoins and watch for increase in circulating supply, rising selling pressure could push prices lower. 

#FollowYourBrotherForMore
#FollowAndRetweet
#write2earn🌐💹
Bitcoin Bull Trap: BTC Price Still At Risk of Dropping 20% in Coming Days!! Analyst Kyledoops recently talked about #Bitcoin’s crucial position is below $60,000 and the importance of the $58,000 to $60,000 range. He warned viewers about a possible trap in the market and shared tips to avoid it. He noticed a bit of relief in the market, with many top coins bouncing back on hourly and daily charts. Altcoins were doing better than Bitcoin, with some even making big gains. “Where are we within the cycle? We’ve spoken a lot about the diminishing volume which tends to happen in a corrective phase. Now, I give a slight edge to the Bulls just to give you full disclosure over there. I am very, very, very cautiously on a fine line on thin ice bullish, right? But that ice is cracking and we’re about to fall through,” he said. However, the bullish edge was hanging by a thread, with the potential for a major bear trap if Bitcoin closes above $60,000. The Analyst highlighted the significance of the 21 exponential moving average on the weekly timeframe and cautioned against losing it as it could signal a deviation back into the old trading range. Despite hitting those levels, there was historical precedence for a rebound, especially between the 100 and 150-day moving averages within the bull market. While there might be short-term spikes, the overall trend remains bullish, though correction phases can last up to 8 to 12 weeks with drawdowns of 20 to 40%. Bitcoin has seen a 23% drop, with a potential further decline to around $44,000. However, any such move is expected to be brief, with a swift rebound anticipated. The analyst added, “If the weekly candle starts to close above $60,000, well, you can see very quickly how a major bear trap would have unfolded over there. So currently we’re putting in a little bit of a wick.” #buythedip #FollowYourBrotherForMore #write2earn🌐💹
Bitcoin Bull Trap: BTC Price Still At Risk of Dropping 20% in Coming Days!!

Analyst Kyledoops recently talked about

#Bitcoin’s crucial position is below $60,000 and the importance of the $58,000 to $60,000 range. He warned viewers about a possible trap in the market and shared tips to avoid it.

He noticed a bit of relief in the market, with many top coins bouncing back on hourly and daily charts. Altcoins were doing better than Bitcoin, with some even making big gains.

“Where are we within the cycle? We’ve spoken a lot about the diminishing volume which tends to happen in a corrective phase. Now, I give a slight edge to the Bulls just to give you full disclosure over there. I am very, very, very cautiously on a fine line on thin ice bullish, right? But that ice is cracking and we’re about to fall through,” he said.

However, the bullish edge was hanging by a thread, with the potential for a major bear trap if Bitcoin closes above $60,000. The Analyst highlighted the significance of the 21 exponential moving average on the weekly timeframe and cautioned against losing it as it could signal a deviation back into the old trading range. Despite hitting those levels, there was historical precedence for a rebound, especially between the 100 and 150-day moving averages within the bull market.

While there might be short-term spikes, the overall trend remains bullish, though correction phases can last up to 8 to 12 weeks with drawdowns of 20 to 40%. Bitcoin has seen a 23% drop, with a potential further decline to around $44,000. However, any such move is expected to be brief, with a swift rebound anticipated.

The analyst added, “If the weekly candle starts to close above $60,000, well, you can see very quickly how a major bear trap would have unfolded over there. So currently we’re putting in a little bit of a wick.”

#buythedip
#FollowYourBrotherForMore
#write2earn🌐💹
LIVE
--
Bullish
🚀🚀🚀🚀TON Network DeFi on Fire! TON Just crossed $200M Total Value Locked (TVL) 🚀🚀🚀🚀 - TON just surpassed the $200 million mark in Total Value Locked. - Since the Open League began on March 1st, TVL stood at $22 million and has grown by 900% to $206.74 million. - USDT circulating on TON  increased from $100 million to $200 million in just a few days, signaling the bullet speed growth within the ecosystem.  The TON network is rapidly expanding, and the recent launch of the Open League has seen the network’s Total Value Locked skyrocket. On Monday, the TON network just surpassed the crucial $200 million in TVL attributed to the Open League.  The rapid growth and expansion of the TON Network can partly be attributed to DeFi protocols within the system, such as The Open League. The surge in growth could potentially be a result of the growing interest and bullishsentiments towards Toncoin and the entire TON Network’s DeFi ecosystem.  #FollowMeAndGetReward #FollowYourBrotherForMore #Megadrop
🚀🚀🚀🚀TON Network DeFi on Fire! TON Just crossed $200M Total Value Locked (TVL) 🚀🚀🚀🚀

- TON just surpassed the $200 million mark in Total Value Locked.
- Since the Open League began on March 1st, TVL stood at $22 million and has grown by 900% to $206.74 million.
- USDT circulating on TON  increased from $100 million to $200 million in just a few days, signaling the bullet speed growth within the ecosystem. 

The TON network is rapidly expanding, and the recent launch of the Open League has seen the network’s Total Value Locked skyrocket. On Monday, the TON network just surpassed the crucial $200 million in TVL attributed to the Open League. 

The rapid growth and expansion of the TON Network can partly be attributed to DeFi protocols within the system, such as The Open League. The surge in growth could potentially be a result of the growing interest and bullishsentiments towards Toncoin and the entire TON Network’s DeFi ecosystem. 
#FollowMeAndGetReward
#FollowYourBrotherForMore
#Megadrop
Explore the lastest crypto news
⚡️ Be a part of the latests discussions in crypto
💬 Interact with your favorite creators
👍 Enjoy content that interests you
Email / Phone number