$BTC back above 40k Can grandpa hold above 40k? Or is this | smallasianboy on Binance Square

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$BTC back above 40k
Can grandpa hold above 40k? Or is this just a small dead cat bounce before a big dip? Interesting times ahead📈📉
Personally, I can see a potential green candle to 41k, but straight back down before 40k. NFA.
#BTC #40K

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📣 MARKET ALERT: China Regulators Restrict Short Selling in Stock Index Futures - Reuters Key Details: 📍 China's securities regulators urge hedge funds to limit short selling in stock index futures. 📍 The move aims to stabilize the stock market amid declining values. 📍 Hedge fund managers report receiving calls from China's financial futures exchange, warning against reckless and "naked" short selling. 📍 The exchange informally requested firms to avoid short selling for speculative purposes. 📍 These measures reflect China's proactive approach to maintaining market stability. Context/Background: For those tracking global financial markets, China's intervention in short selling practices highlights its efforts to stabilize and control market fluctuations amidst economic challenges. Why This Matters: 👉 China's move to restrict short selling could impact market dynamics, affecting investor strategies and confidence in Chinese stock markets. 👉 The decision is crucial for stock traders and analysts, reflecting the government's stance on market regulation and investor behavior. Market Insights: 📊 This intervention by Chinese regulators may influence market trends, potentially leading to adjustments in global investment strategies concerning Chinese stocks. Impact & Recommendations: 📍 How this could change Financial Markets: China's restrictions on short selling might prompt a reassessment of risk and investment strategies in Chinese markets. 📍 Recommendations: Investors and market analysts should closely monitor the impact of these regulatory measures on market stability and investor behavior in China. Markets looking choppy out there. Stay #SAFU everybody! #Write2Earn

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$BNB update $BNB up or down? BNB trading sideways between the $320 and $290 ranges and is currently moving towards the downside. Break the support and I fear we see a big drop to around $260📉 However, RSI looking as low as an ant’s castle so let’s hope we go up from here🚀 To my fellow bulls out there, let’s hope the $290 support line stays strong!💪🐂 #Write2Earn #BNB #Sideways #Bullish

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Grayscale $BTC Update Grayscale has just moved another 15,222 $BTC to Coinbase. Stay safe out there everybody! Tread carefully!

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Skill I’ve gained as a crypto noob🧠 (Quite a long read but hopefully it’s insightful) As someone who is not experienced in technical analysis, ie drawing squiggly lines, adding indicators with weird names, understanding said indicators, spotting bullish/bearish patterns etc, I’ve gained what I believe to be one of the most important technical analysis method in price prediction. That is to read the room. Spotting the support zone, resistance zone etc can be hard and confusing as a newcomer, so what I would recommend picking up is to understand that it’s probably a good time to sell when others are posting screenshots of the godly green candle (assuming you’re in profit) and especially a good time to DCA in when everyone is panicking. As Warren Buffett once said, “Be fearful when others are greedy, and be greedy when others are fearful.” Going against the crowd has been a trustworthy indicator to me but as always, this is not financial advice. Find what’s best for you, immerse yourself into the crypto community, and notice the patterns. What works best for someone isn’t always what will work best for you. Remember, time in the market beats timing the market most of the time. I hope this helped and good luck on your journey ahead! #Write2Earn #skill #TechnicalAnalysis101

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In light of this scary dip we’re witnessing, let’s talk about our own strengths and stay positive! What are some of your strengths you’re proud of? Mine is being able to speak four languages (English, Mandarin, Japanese and Malay) fluently whilst taking on a new language (Russian)💪 #PositiveMindset #communitybuilding #strength

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