Bitcoin daily updates 🔥 . . Bitcoin is currently running at | Hamza Ikram on Binance Square

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Bitcoin daily updates 🔥
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Bitcoin is currently running at the level of 62k 63k. According to my prediction , this market may get rejected again from 65.5k level.
#BTC☀ #Update #DailySignals #dailyanalysis 

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BTC

60,323.28

+2.68%

2.9k

0

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**Solana Set to Rally Ahead of Breakpoint Conference** Solana (SOL) has seen a significant rise in daily active addresses, marking a 5.4 million increase just days before the upcoming Breakpoint conference on September 20-21. Investors are expecting another rally, as SOL has historically surged before the event. In previous years, SOL saw gains of 35% in 2021 and 2022, and 60% in 2023 before Breakpoint. Recently, Solana's daily transactions jumped by 22%, with network activity reaching 40.3 million. This surge may help SOL recover from August's dip in DEX trading and fees. As SOL hovers around the $136 resistance level, a sustained breakout could push the price up to $163. However, failure to maintain this level might lead to a drop below $120. #SolanaUpdate #CryptoRally #SOL

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BTC .....Updates🔥 According to my prediction and analysis BTC will go from 61 to 62 level . . #BTC☀ #Update #dailyanalysis

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The recent liquidation of over $100 million in leveraged Bitcoin positions indicates significant market volatility. This could be a critical moment for both long-term investors and short-term traders. Here's why: 1. **Market Volatility**: With the price of Bitcoin dropping from $62,000 on July 2 to a low of $57,043 on July 4, the market is demonstrating high volatility. This could present both risks and opportunities for traders. 2. **Long-term Perspective**: For those with a long-term investment strategy, this dip might be a good buying opportunity, considering the potential for future recovery. However, caution is advised as the market could drop further. 3. **Short-term Trading**: Traders should manage risk carefully with tight stop-loss orders given the unstable market conditions. Leveraged positions should be handled with extra caution to avoid substantial losses. 4. **Market Sentiment and Panic Selling**: It's crucial to monitor the behavior of ETF investors and overall market sentiment. Increased panic selling could drive prices down further, while stabilization could signal a recovery. 5. **Technical and Fundamental Analysis**: Utilizing technical indicators like support and resistance levels, moving averages, and RSI, along with staying updated on fundamental factors like regulatory news and adoption rates, can aid in making informed decisions. In conclusion, both spot and futures traders need to approach the current market with a well-thought-out strategy and robust risk management. $BTC #BTC☀

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$100M Bitcoin Liquidated as BTC Drops: Will ETF Investors Panic Sell?

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The market capitalization of Bitcoin surpasses that of the three largest banks in the world combined: - **Bitcoin:** $1.37 trillion - **JPMorgan Chase:** $574 billion - **Bank of America:** $311 billion - **Industrial and Commercial Bank of China (ICBC):** $268 billion When added together, the market cap of these top three banks is $1.153 trillion, which is less than Bitcoin's market cap. #marketcap #BTC☀ #Write2Earn!

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