Can we expect a bearish month ahead? What are your thoughts. | Albe Lee on Binance Square

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Bearish

Can we expect a bearish month ahead? What are your thoughts. How m7ch these 6 hours to monthly closing can be brutal 

Disclaimer: Includes thrid-party opinions. No financial advice. May include sponsored content. See T&Cs.

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"IF" btc falls 51k then there is no way back until 38.

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21 may btc analysis

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Here are some recent news about Bitcoin ¹: - Bitcoin declined by 0.82% on Tuesday, ending the session at $42,977. - BTC-spot ETF-related updates contributed to the loss. - SEC activity and BTC-spot ETF-related updates warrant investor attention. - Net inflows totaled $1,015 million after 12 days of trading, with trading volumes of $27,124.3 million. While net inflows were a positive BTC price signal, recent flows have been mixed. - A rebound in GBTC trading volumes on Tuesday increased the chances of net outflows on day 13 of trading. However, iShares Bitcoin Trust (IBIT) and Fidelity Wise Origin Bitcoin Fund (FBTC) saw trading volumes within the range of GBTC that could counter GBTC outflows.

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Hold your nerves. Patience always win. Its ok until we hit 59k. Remember never follow the news when you are in mess just listen to your instinct. You already know that nobody can predict stock market exactly so its a double way game. #dyor #hodl #bitcoin #Binance #dump #monthlyclosing $BTC

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BinaryX ($BNX): From Derivatives to GameFi Domination BinaryX #BNX started as a platform focused on decentralized derivatives trading. Recognizing the explosive growth of GameFi (Gaming + DeFi) and the allure of metaverse experiences, they strategically pivoted towards becoming a comprehensive GameFi platform. Here's a breakdown: DAO Governance: The BinaryX DAO empowers $BNX token holders to actively participate in shaping the platform's future. Through voting, they can influence decisions regarding game development, resource allocation, and potentially even future IGO projects. GameFi Platform: BinaryX has transitioned into a full-fledged GameFi platform, offering a suite of solutions for aspiring GameFi developers. This includes: Infrastructure Support: BinaryX provides the necessary infrastructure for developers to build and launch their GameFi projects. IGO Launchpad: Their Initial Game Offering (IGO) service acts as a launchpad for promising GameFi projects. This bridges the gap between Web2 developers and the Web3 gaming space, allowing them to leverage the power of blockchain technology. Community Building: BinaryX fosters a vibrant community of gamers and developers, providing a platform for collaboration and mutual growth within the GameFi ecosystem. Beyond the Basics: Security: While details are unavailable here, it's crucial to research which blockchain BinaryX utilizes and if they've undergone audits by reputable security firms like Certik. Games: BinaryX has already launched several games, including: CyberDragon: A popular play-and-earn game with a focus on strategic monster collection and battling. CyberArena: Another game offering unique experiences within the BinaryX universe. CyberChess: Their latest offering, inspired by Auto Chess, emphasizes strategic gameplay and a robust in-game economy. IGO Services: BinaryX's IGO service allows $BNX holders to potentially invest in upcoming GameFi projects with high growth potential. This provides early access and fosters a strong connection between the BinaryX community and the broader GameFi landscape.

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