🚨 BREAKING 🚨 BHUTAN GOVERNMENT JUST TRANSFERRED $33.51 MI | pawan Eth on Binance Square

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🚨 BREAKING 🚨
BHUTAN GOVERNMENT JUST TRANSFERRED $33.51 MILLION WORTH OF BITCOIN TO BINANCE
THIS IS THE FIRST MAJOR #BTC MOVEMENT IN 2024 from Bhutan

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🚨 BTC ATH Signals Big Moves! Why $80K BTC Longs Could Get Wrecked📉 Bitcoin has recently hit new all-time highs, pulling in massive long positions as investors look to capitalize on a bullish rally. However, while everyone’s eyeing the top, a few crucial factors could flip the trend and leave over-leveraged positions reeling. Here's why BTC longs should be cautious now: 1. Market Euphoria & FOMO: With Bitcoin at ATH, retail and institutional investors alike are jumping in to ride the wave. This euphoria often leads to an influx of over-leveraged long positions, which can spell danger if the market corrects sharply. 2. BTC Dominance Expected to Spike (61-62%): As Bitcoin outpaces altcoins, dominance levels could rise significantly. Historically, a BTC dominance surge can strain alt positions and add selling pressure to BTC if there’s a retracement. 3. Potential for a Correction to “Shake Out Over-Extended Longs:Every bull market sees corrections, and with BTC at record highs, a pullback to lower support levels would “clean up” over-extended longs before a sustainable rally. Bottom Line: Protect Your Gains! As BTC climbs higher, safeguard your profits and watch for any signs of a pullback. This market's setting up for big moves, and taking profits or using tight stops could be key. Stay sharp, don’t get rekt! 📉 if you have open$ long position it's time to stay safe

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🚨 Protect Your Profits Now! 🚨 With the market showing signs of turbulence, now is the time to play it safe. Here are some quick pointers to help you stay ahead: 1. Lock in Gains: If you've been riding the gains, it’s time to consider taking profits. Don’t let your wins turn into losses! 2. Prepare for a Drop:Market momentum can flip quickly. Many long positions are exposed, and a sudden dump could shake things up. 3. Risk Management First:Don’t wait for the storm to hit – reduce exposure to risky trades, rebalance your portfolio, and be ready to act. Better safe than sorry! 📉🛡️ #HaveYouBinanced

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