David Portnoy announced that he plans to invest up to $10 million if the Bitcoin price falls below $50,000. Portnoy made a big impact in the cryptocurrency world by sharing this strategy in his last video.

Barstool Sports and Cryptocurrency Investments

Portnoy is the owner of the popular American blog and digital media company Barstool Sports. Portnoy, who is already invested in Bitcoin, does not see the current price range as a suitable buying point. Therefore, he expects the price to drop below $50,000.

According to Portnoy, the decline in the price of Bitcoin will create a greater investment opportunity. This strategy involves using Barstool Sports' funds to make a significant purchase in the crypto market.

Latest Trends in the Cryptocurrency Market

The latest data offers in-depth insights into Bitcoin market trends and investor behavior. Long-term Bitcoin holders continue to sell their holdings before prices drop. In May 2024, these investors sold approximately $10 billion worth of Bitcoin.

Over 40,000 Bitcoins were sold in June, and although the pace of sales has slowed, this activity has contributed to recent market fluctuations and price declines. Analyzing this situation, investors expect a stronger bull market in the future.

Variable Price Movements of Bitcoin

The price of Bitcoin has been quite volatile lately. Although it briefly rose above $70,000 in March, it was unable to maintain those levels. Last month, it lost 14% in value, falling from $71,000 to approximately $60,000. At the time of writing, the price of Bitcoin was at $60,845.

#BitcoinDunyamiz

PLEASE READ CAREFULLY FOR A GIFT OF 10 DOLLARS.

My friends, you know that we, the publishers, are doing everything we can for you here. We are informing you about the services and facilities offered to us by our authorities. I have never stopped supporting both the Cryptocurrency market and you as much as I could, and on the contrary, I am trying to provide more support.

THIS 10 DOLLAR GIFT CAMPAIGN IS A CAMPAIGN MADE SPECIALLY FOR ME BY BINACE. YOU CAN GET CONFIRMATION ABOUT THIS BY CONTACTING LIVE HELP. THIS IS A 10 DOLLAR CAMPAIGN MADE TO YOU THROUGH ME.

Now I will tell you how to receive your gift. First of all, Binance users who have registered with someone's reference and actively use futures transactions will unfortunately not be able to benefit from this promotion.

So who will benefit?

Our friends who have not activated the futures section yet, while activating your FUTURES trading section, you will earn 10 dollars when you open it by entering my reference code 88623008.

I EXPLAIN IN DETAIL.

My brothers and sisters who have become a Binance member without reference, please listen carefully;

When you do what I say, you will receive 10 USDT.

Enter the Futures Section from your application,

On the next screen, open your account by entering the code 88623008 in the REFERENCE CODE section,

My brothers and sisters who want to complete this transaction and receive the 10 USDT reward by MAY 1 can do so. After activating your account, all you have to do is open your first futures transaction.

The first 1,000 brothers to open a 200 USDT transaction by MAY 1 will receive a 10 USDT reward.

So let me give you a tactic like this: Even if you open and close 20x with a $5 transaction, you will be entitled to the reward.

However, even if you do this after May 1, your reward will not come. So get it done by May 1st. In fact, right now I say you can fix it in 5 seconds.

Very simple. Go to Futures, enter my reference code 88623008 and activate the account. Afterwards, just open a total of 200 USDT transactions and get 10 USDT reward.

WHEN WILL THE AWARD COME?

Your 10 dollar reward will arrive in the REWARDS section of your Binance application within 30 days, starting from May 1st. By activating it from there, you can use your reward of 10 dollars, or more than 300 liras, in futures transactions.

You can help your friends in need by sharing this post.

BY THE WAY, MY BROTHERS, PLEASE DON'T MISS YOUR LIKES. EVERY SHARE IS FOR YOU. SO DON'T WITHHOLD YOUR SUPPORT. DON'T FORGET TO FOLLOW IF YOU HAVE NOT FOLLOWED YET. KIND REGARDS.