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Previously, thanks for following me, if you like, please vote for me, my friends đđ You can click the link below Vote saya đ Thanks for the vote đđđ #marketdownturn #TipsTradingFutures #Write&Earn #Write2Earn! $BTC
market sentiment is increasingly positive, hopefully it can continue to rise and the market will improve đđđ #TipsTradingFutures #marketdownturn $BTC
âą That price coincides with the event where there was talk of ETFs in Bitcoins, the January price that touched a maximum of 49k (approx.), and from there the price fell to 39k. After the correction it rose to historical highs at 73k.
âą So this could be a possible explanation of why it stopped at 49k.
âą A tip if you are going to invest is to learn what DCA is and how to use it.
âą Please note that no analysis can predict what will happen, be very careful â ïž with influencers who guarantee a result.
âą This brief analysis is aimed at participating in event #MarketDownturn proposed by @Binance Square Official .
In the uncertain global market conditions and the influence of the US presidential election, I am optimistic that BTC will rise again this week, and my prediction is that BTC will close today with an increase of $ 58,000 đđđ #marketdownturn #TipsTradingFutures #Write2Earn! #Write&Earn $BTC
In the uncertain global market conditions and the influence of the US presidential election, I am optimistic that BTC will rise again this week, and my prediction is that BTC will close today with a gain of $ 58,000 đđđ #marketdownturn #TipsTradingFutures $BTC
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Fibo retracement is a must check TA instrument after this kind of moves! I believe #BTC will set a local range high between 0.618 and 0.5 Fibo levels!
After range high establishes, #BTC is likely to go down to recent lows. Thus I wouldn't buy just yet, just let the range form to understand the lows and highs!
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Can the weekly closing price of Bitcoin this week remain above $52,500? If it can maintain this point or above, it is a weekly bottom divergence from a purely technical point of view, which means that there is at least an increase at the weekly chart level. But what is more entangled is that there is no bottom divergence between the 1-day line and the 2-day line, which means that the daily and weekly lines have not seen resonance for the time being. If resonance is formed, then there is a high probability that 49,000 is the stage bottom. At present, a short-term pressure level of Bitcoin is around $62,000, which is a relatively large gap. The key point is the weekly closing price this week! There is also a short-term pressure level of ETH at $2,800 to $3,000, but in the long run, it is only a matter of time for ETH to break through the new high of $4,500.
This article is sponsored by Binance Square with a 200USDC bonus! Activity topic rulesđ: Quote this article I am publishing now and express your thoughts on the current market and trend of the currency circle. Is Bitcoin $49,000 the lowest point this year? Is the bull market over? Be sure to cite this article and post a comment and quote with your logic and opinions!
There is sun behind the rain, there is green behind the red, everyone is happy because the market is back to being excited thanks to the CEO and Binance đđđ #marketdownturn #TipsTradingFutures #Write2Earn! #Write&Earn $BTC $ETH $BNB
LIVE
Richard Teng
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Amid the macroeconomic climate and yesterday's market downturn, #Binance recorded a net inflow of US$1.2 billion in the past 24 hours, according to @DefiLlama's CEX Transparency metrics.
This marks one of the highest net inflow days of 2024, indicating strong investor confidence.
Yesterday also saw one of the highest trading volumes on Binance year-to-date.
We are now witnessing a rebound in major token prices, with current market trends validating this. đ
oh Bitcoin......oh bitcoin đđ The beginning of the month of August was very surprising, everyone hoped it would be good but what happened in these weeks......Hopefully it doesn't get worse đđ #TipsTradingFutures #Write2Earn! #Write&Earn #marketdownturn
LIVE
Richard Teng
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Recent sharp drops in crypto & equity prices are influenced by macroeconomic factors. We do NOT believe itâs indicative of a long-term negative trend.
With potential Fed rate cuts & geopolitical volatility, there's still significant potential for market fluctuations.
Reminder to always DYOR & stay informed. Keep building! đȘ