Bitcoin Drops Below 200-Day Average, Brings Bull Market Tren | alsjhqg alnjt on Binance Square

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Bitcoin Drops Below 200-Day Average, Brings Bull Market Trendline Into FocusMarkets that consistently trade below the 200-day moving average are said to be in a downtrend.
Jul 4, 2024 at 10:07 a.m.

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Le $BMX prend de l’ampleur, ce qui est indispensable. Cette fois, il a confirmé le support à 0,30$ et poursuit son mouvement haussier avec un volume énorme. Le prochain stop sera 0,58$ si Bitcoin reste haussier pendant cette période. Lors du dernier rallye, nous avons surveillé des bénéfices de 270 %.

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Bitcoin (BTC) traders on the cryptocurrency exchange Binance have shown a bullish bias, with 75% of the 24-hour open positions being long. This hints at a positive sentiment from retail traders, but the volume remains neutral with a balanced long/short ratio. Finbold retrieved data from CoinGlass on June 30, which shows the imbalance between unique account traders going long on Bitcoin. In particular, three in every four accounts opening derivatives positions have gone long, betting the price will increase from here. This ratio refers to the last 24 hours for BTC/USDT perpetual contracts on Binance. Notably, this is, by a large margin, the most traded pair in the cryptocurrency market. Binance has over 50% of Bitcoin’s global volume, while the USDT makes over $1 trillion daily. #BTC☀ #bitcoin☀️ #DailTrade

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