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CRYPTO DAWAR
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🚨 Market Update - 👀 Yesterday Bitcoin accepted under the DM VAH and is now facing resistance at the Weekly Open at $69.4k. Once again we are seeing consolidation around the 2021 ATH ($69.1k,) and this is not a bad thing. We will continue to pick our entries carefully, but remember that we can expect increased volatility and liquidations today with CPI in a few hours and FOMC minutes released tonight. I am looking to see how the day closes, after these events, and whether we are above or below the 2021 ATH. #HotTrends #BTC #Write2Earn #TradeNTell #TrendingTopic $BTC

🚨 Market Update - 👀

Yesterday Bitcoin accepted under the DM VAH and is now facing resistance at the Weekly Open at $69.4k. Once again we are seeing consolidation around the 2021 ATH ($69.1k,) and this is not a bad thing.

We will continue to pick our entries carefully, but remember that we can expect increased volatility and liquidations today with CPI in a few hours and FOMC minutes released tonight. I am looking to see how the day closes, after these events, and whether we are above or below the 2021 ATH.

#HotTrends #BTC

#Write2Earn #TradeNTell #TrendingTopic

$BTC

Disclaimer: Includes third-party opinions. No financial advice. See T&Cs.
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🚨Market Update - 👀 Yesterday afternoon we saw Bitcoin make another move to the Weekly Open area at $65k which was strongly rejected once again. The Monday Low at $64.4k is now strong resistance too. The price has now started to move towards the DM VAL as mentioned yesterday, and this does look more and more likely that it will be tested in the $61.9k area. Careful in leverage positions over the weekend. #HotTrends #BTC $BTC #Write2Earn #TradeNTell #TrendingTopic
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FET Analysis- 👀 FET attempted a fakeout to trigger stop losses before reversing course. The price is now slowly moving toward the lower support area. Consider opening a small long position when it reaches the support area. Support Area: $1.85-$1.95 Resistance Area: $2.30-$2.50 #FET $FET
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NFP Analysis: 👀 After a breakout, the price is now retesting the zone. You can open small long positions with a tight stop loss. We may see a bounce from here towards the resistance area. Support Area: $0.45-$0.47 Resistance Area: $0.605-$0.648 #NFP $NFP
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My Experience with Crypto Scams Encountering a Crypto Scam While I haven't personally been a victim of a crypto scam, I'm familiar with common tactics used by scammers. Here's a detailed breakdown of a typical investment scam: Initial Contact: Scammers often reach out through social media, messaging apps, or cold calls, posing as investment advisors or representatives from reputable platforms. They might promise high returns on cryptocurrency investments. Building Trust: To gain credibility, scammers may create fake profiles with seemingly positive reviews or endorsements. They might also use stolen logos or impersonate legitimate Binance personnel. Investment Pitch: The scammer presents an enticing investment opportunity, often involving a new or unknown cryptocurrency with guaranteed high returns. They might pressure you into acting quickly to avoid missing out. Fake Rebates: To sweeten the deal, scammers might offer initial rebates on your investment to make you feel comfortable and encourage you to invest more. Request for Additional Funds: Once you've invested a certain amount, the scammer might invent reasons to request more funds, such as "transaction fees," "upgrades," or "minimum investment requirements." Disappearance Act: Once they have your money, scammers often vanish, blocking communication and taking your invested funds with them. Expectations from Binance I believe Binance can play a crucial role in combating crypto scams by: User Education: Continuously educating users about common scams through targeted warnings, articles, and awareness campaigns. Enhanced Security Features: Implementing multi-factor authentication (MFA) and other security measures to make it harder for scammers to steal accounts. Prompt Scam Reporting: Providing a user-friendly system for reporting scams and taking swift action to investigate and address them. Collaboration with Law Enforcement: Working with law enforcement agencies to track down and prosecute scammers. #ScamRiskWarning @Binance Risk Sniper
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