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Bearish
Told you guys $BTC will sweep liquidities from top and bottom few days ago and exactly same thing happened. 400M+ liquidated in last 24h hours we can consider this one of the last dumps/corrections before the parabolic run and the expected bias of this month is #BearishPhase so trade accordingly. We can consider this another opportunity to buy coins for long term. #Binance55thProject(IO) #BnbAth #TopCoinsJune2024 #BTCDROPING
Told you guys $BTC will sweep liquidities from top and bottom few days ago and exactly same thing happened. 400M+ liquidated in last 24h hours we can consider this one of the last dumps/corrections before the parabolic run and the expected bias of this month is #BearishPhase so trade accordingly. We can consider this another opportunity to buy coins for long term.

#Binance55thProject(IO) #BnbAth #TopCoinsJune2024 #BTCDROPING
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Bullish
$BTC Flash Crashed to $8.9K on #BitMex Large sell orders worth $55.49 million drove bitcoin’s price down to $8,900 on BitMEX. The overnight crash was short-lived. The price crash on BitMEX occurred on the #XBT/USD spot market late Monday. BitMEX said on #X that it is investigating the large sell orders that caused the flash crash. Yes, you read the title right. Late Monday, bitcoin (BTC) suffered a brief crash to as low as $8,900 on cryptocurrency exchange BitMEX, while prices on other exchanges held well above $60,000. The slide began at 22:40 UTC, and within two minutes, prices fell to $8,900, the lowest since early 2020, according to data from the charting. #Write2Erarn #HotTrends
$BTC Flash Crashed to $8.9K on #BitMex Large sell orders worth $55.49 million drove bitcoin’s price down to $8,900 on BitMEX. The overnight crash was short-lived.
The price crash on BitMEX occurred on the #XBT/USD spot market late Monday.
BitMEX said on #X that it is investigating the large sell orders that caused the flash crash.
Yes, you read the title right. Late Monday, bitcoin (BTC) suffered a brief crash to as low as $8,900 on cryptocurrency exchange BitMEX, while prices on other exchanges held well above $60,000.
The slide began at 22:40 UTC, and within two minutes, prices fell to $8,900, the lowest since early 2020, according to data from the charting.

#Write2Erarn #HotTrends
🚨🚨Ether Tumbles 6% as ETH ETF Hopes Dim Amid Regulatory Probe Reports‼️‼️ Ether $ETH tumbled as much as 6% Wednesday as hopes dimmed for regulatory approval of a spot-based exchange-traded fund #EthereumETF in the U.S. The second-largest crypto asset by market capitalization sank to $3,200. Bitcoin $BTC the largest, dropped to around $62,000 after bouncing to near $64,000 earlier. The broad-market #CoinDesk 20 Index (CD20) fell 3%. Ether's slide occurred after CoinDesk reported that network development organization #Ethereum(ETH) Foundation was under investigation by a "state authority." Shortly after, Fortune reported that the U.S. Securities and Exchange Commission (SEC) is waging a campaign to classify the Ethereum blockchain's native token as a security and started probing after Ethereum moved to a proof-of-stake network.... follow for more info ☝️☝️™ #Write2Erarn #HotTrends
🚨🚨Ether Tumbles 6% as ETH ETF Hopes Dim Amid Regulatory Probe Reports‼️‼️

Ether $ETH tumbled as much as 6% Wednesday as hopes dimmed for regulatory approval of a spot-based exchange-traded fund #EthereumETF in the U.S.

The second-largest crypto asset by market capitalization sank to $3,200. Bitcoin $BTC the largest, dropped to around $62,000 after bouncing to near $64,000 earlier. The broad-market #CoinDesk 20 Index (CD20) fell 3%.

Ether's slide occurred after CoinDesk reported that network development organization #Ethereum(ETH) Foundation was under investigation by a "state authority." Shortly after, Fortune reported that the U.S. Securities and Exchange Commission (SEC) is waging a campaign to classify the Ethereum blockchain's native token as a security and started probing after Ethereum moved to a proof-of-stake network....

follow for more info ☝️☝️™

#Write2Erarn #HotTrends
In August 2020, #MicroStrategу made its first bitcoin purchase, buying 21,454 bitcoin for $250 million. Fast forward three and a half years and the company now owns over 1% of all the bitcoin that's been mined. MicroStrategy has steadily bought more of the digital token ever since its first purchase. The company bought another 9,245 tokens for $623 million between March 11 and March 18, according to an SEC filing. That takes its total stash to 214,246 tokens, which is just over 1% of the roughly 19.7 million tokens issued so far. MicroStrategy's crypto craze has been driven by co-founder Michael Saylor, a long-time bitcoin bull who has recently said the #crypto will "eat gold," the asset that it's most often compared to. His bets seem to have paid off as bitcoin has taken off on a blockbuster rally in the last 12 months. MicroStrategy's stock is up around 380% in the past year, while $BTC has jumped more than 150% in that time. Almost a quarter of MicroStrategy's bitcoin purchases have been made in 2024 alone, Bloomberg noted. According to the original bitcoin white paper by Satoshi Nakamoto, the total amount of bitcoin that's possible to be mined is capped at 21 million. That ceiling is expected to be hit in 2140 as every four years, the amount of bitcoin that miners are rewarded with for adding new tokens to the blockchain halves. #Write2Erarn #HotTrends #Satoshi_Nakamoto
In August 2020, #MicroStrategу made its first bitcoin purchase, buying 21,454 bitcoin for $250 million.

Fast forward three and a half years and the company now owns over 1% of all the bitcoin that's been mined.

MicroStrategy has steadily bought more of the digital token ever since its first purchase. The company bought another 9,245 tokens for $623 million between March 11 and March 18, according to an SEC filing.

That takes its total stash to 214,246 tokens, which is just over 1% of the roughly 19.7 million tokens issued so far.

MicroStrategy's crypto craze has been driven by co-founder Michael Saylor, a long-time bitcoin bull who has recently said the #crypto will "eat gold," the asset that it's most often compared to.

His bets seem to have paid off as bitcoin has taken off on a blockbuster rally in the last 12 months. MicroStrategy's stock is up around 380% in the past year, while $BTC has jumped more than 150% in that time.

Almost a quarter of MicroStrategy's bitcoin purchases have been made in 2024 alone, Bloomberg noted.

According to the original bitcoin white paper by Satoshi Nakamoto, the total amount of bitcoin that's possible to be mined is capped at 21 million. That ceiling is expected to be hit in 2140 as every four years, the amount of bitcoin that miners are rewarded with for adding new tokens to the blockchain halves.

#Write2Erarn #HotTrends #Satoshi_Nakamoto
Dollar-Cost Averaging (DCA) in Crypto Trading ‼️‼️Dollar-cost averaging (DCA) is a popular investment strategy that involves investing a fixed amount of money into a particular cryptocurrency at regular intervals, regardless of the asset's current price. This approach aims to reduce the impact of market volatility on the overall investment cost. How DCA Works in Crypto Imagine you decide to invest $100 every week into Bitcoin (BTC). Over time, you'll purchase $BTC at various price points, averaging out your total cost per unit. When the price of BTC is high, you'll buy fewer coins; conversely, when the price dips, you'll acquire more coins for the same $100. Benefits of DCA in Crypto Reduces Risk: #DCAStrategy mitigates the risk of investing a lump sum at the wrong time. Lowers Emotional Trading: DCA removes the emotional urge to time the market, leading to more disciplined investing. Builds Long-Term Portfolio: DCA fosters consistent portfolio growth through regular purchases. Binance DCA Updates Recognizing the growing popularity of DCA, #Binance has introduced several features to streamline the process: Recurring Buy Orders: Schedule recurring buy orders for your preferred cryptocurrencies at set intervals and amounts. Binance Earn: Earn interest on your holdings while you DCA. Staking platforms like Binance Earn allow you to gain passive income on your crypto while you continue to accumulate assets through DCA. Conclusion DCA is a sound strategy for crypto investors, particularly those new to the market or seeking a long-term approach. By consistently investing fixed amounts, DCA helps reduce risk and build a crypto portfolio over time. Binance's DCA features make it even easier to implement this strategy.

Dollar-Cost Averaging (DCA) in Crypto Trading ‼️‼️

Dollar-cost averaging (DCA) is a popular investment strategy that involves investing a fixed amount of money into a particular cryptocurrency at regular intervals, regardless of the asset's current price. This approach aims to reduce the impact of market volatility on the overall investment cost.
How DCA Works in Crypto
Imagine you decide to invest $100 every week into Bitcoin (BTC). Over time, you'll purchase $BTC at various price points, averaging out your total cost per unit. When the price of BTC is high, you'll buy fewer coins; conversely, when the price dips, you'll acquire more coins for the same $100.
Benefits of DCA in Crypto
Reduces Risk: #DCAStrategy mitigates the risk of investing a lump sum at the wrong time. Lowers Emotional Trading: DCA removes the emotional urge to time the market, leading to more disciplined investing. Builds Long-Term Portfolio: DCA fosters consistent portfolio growth through regular purchases.
Binance DCA Updates
Recognizing the growing popularity of DCA, #Binance has introduced several features to streamline the process:
Recurring Buy Orders: Schedule recurring buy orders for your preferred cryptocurrencies at set intervals and amounts. Binance Earn: Earn interest on your holdings while you DCA. Staking platforms like Binance Earn allow you to gain passive income on your crypto while you continue to accumulate assets through DCA.
Conclusion
DCA is a sound strategy for crypto investors, particularly those new to the market or seeking a long-term approach. By consistently investing fixed amounts, DCA helps reduce risk and build a crypto portfolio over time. Binance's DCA features make it even easier to implement this strategy.
Negotiations between Pakistan and the IMF on a $3 billion standby arrangement will conclude today. #IMF asks #Pakistan to impose capital gains tax on #cryptocurrency investments. If negotiations go well, the IMF will pay out the remaining $1.1 billion or so of the bailout package. The IMF has always had a negative stance on cryptocurrencies. #Write2Erarn #HotTrends
Negotiations between Pakistan and the IMF on a $3 billion standby arrangement will conclude today. #IMF asks #Pakistan to impose capital gains tax on #cryptocurrency investments. If negotiations go well, the IMF will pay out the remaining $1.1 billion or so of the bailout package. The IMF has always had a negative stance on cryptocurrencies.

#Write2Erarn #HotTrends
#Bitcoin top has NOT yet to come 🚨 ✍️🏼According to historical behavior of RSI (M2), BTC is used to top out at above the Top Signal Line🟠 For now RSI🟣 is still under the line with a distance. It means BTC still has the room to climb higher and finally will reach the BLUE dot🔵 on the chart. #Write2Erarn #HotTrends #BullishMovement
#Bitcoin top has NOT yet to come 🚨
✍️🏼According to historical behavior of RSI (M2), BTC is used to top out at above the Top Signal Line🟠
For now RSI🟣 is still under the line with a distance.
It means BTC still has the room to climb higher and finally will reach the BLUE dot🔵 on the chart.

#Write2Erarn #HotTrends #BullishMovement
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