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You Will Lose $200 in Binance (Warning for Beginners)
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#BTCOutlook The Bitcoin market experienced a sharp drop early Friday but found support around the 50-day EMA indicator. Despite the current volatility, the long-term outlook for Bitcoin remains bullish. Recent movements suggest that the market is trying to recover from this decline. On Friday, Bitcoin bounced back after dropping significantly, losing around 15% at one point. This recovery near the 50-day EMA suggests that traders may see this as an opportunity to buy Bitcoin at a lower price. Over time, it seems likely that Bitcoin will establish a trading range. A possible range could be between $90,000 at the lower end and $110,000 at the higher end. This situation looks like a classic “buy on the dip” scenario, with investors anticipating further upward movement.
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