#BitcoinKeyZone if $BTC doesn't break 104000 it might fall | Loise Muskrat Rnzb on Binance Square

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Loise Muskrat Rnzb

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#BitcoinKeyZone if $BTC doesn't break 104000 it might fall back to 74000

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BTC

96,731.92

-0.01%

469

0

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Loise Muskrat Rnzb

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#XmasCryptoMiracles As the holiday season approaches, comes a renewed sense of hope in the crypto world. 🎄✨ During this festive period, many are wondering: Will the market experience unexpected spikes? Or will new news emerge that holds exciting opportunities for investors? 🤔💭

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#MarketPullback A market pullback is a temporary decline in stock prices, typically between 5-20%. It's a normal market correction, allowing valuations to adjust and preventing overheating. Pullbacks can be triggered by various factors, such as economic uncertainty, interest rate changes, or profit-taking. Historically, markets have recovered from pullbacks, with the S&P 500 averaging a 13.3% gain in the year following a pullback. Investors often view pullbacks as buying opportunities, as they can provide entry points into quality assets at discounted prices.

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$AVA Entry: Above $1.7991 after confirmation of breakout. Take Profit (TP): TP1: $1.8047TP2: $1.8621 Stop Loss (SL): Below $1.7640 for conservative risk management or $1.7235 for wider risk tolerance. comment gains! #TraderEducation

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There’s a common misconception that I’m going to clear up for you today. When a new coin launches, and you see a percentage increase based on the low of the first candle and the current price, like $VANA being up 2400%, many people believe that some individuals bought it at $1 and others at $25.70. Here’s the truth: When Binance adds a new coin, they must provide three prices before trading begins: 1. Opening price 2. High of the day 3. Low of the day For example, #VANA had a low of $1, a high of $25.70 on the first candle, and an opening price around $21.79. The low price is typically based on the coin's ICO or launchpad price, while the high is either random or based on CoinMarketCap if the coin is already trading on other exchanges. Sometimes, both the low and high are arbitrary numbers, depending on the market cap at the time of launch. The percentage you see is simply the difference between the ICO/launchpad price and the current market price. It reflects the returns made by ICO or seed investors. As I mentioned, Binance has to set those three prices before trading starts, so there’s no way anyone bought it at $1 or $25.70 when trading began. Everyone buys at the price where trading starts. Don’t be impressed by these numbers. Understand how things actually work—it’s important. Stay informed! $VANA #BTCNewATH #2024withBinance

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#CryptoUsersHit18M $BNB The market is booming, new coins are emerging all the time. Gems that could be the path to a future millionaire, I know, it's crazy to think like that, but a market and possibilities. $BTC has just hit the 107k mark, I'm aiming for a rise to around 125k. The market is so attractive that the number of users is growing absurdly every day, people are entering this digital market looking for profits or a way to guarantee higher returns for their capital. It's a risky market, but it's worth remembering that the higher the risk, the higher the return

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