$BTC Though BTC is showing a bullish sign today There is | cryptoking567 on Binance Square

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$BTC Though BTC is showing  a bullish sign today 
 There is a strong chance to rise again $95,800 to $97,200
In my opinion BTC next 
resistance level : $94,400

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#USJobsSurge256K U.S. December Non-Farm Payrolls Surge to 256K, Far Exceeding Expectations The seasonally adjusted non-farm payrolls in the United States for December came in at 256,000, significantly surpassing the market expectation of 160,000. This marks the highest level since March 2024.Key Figures and RevisionsDecember Actual: 256,000.Market Expectation: 160,000.Previous Value: Revised from

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#NFPCryptoImpact The release of the U.S. December non-farm payrolls data this Friday is expected to show a slowdown in job growth, with forecasts at 153K new jobs, down from November's figures. This report will likely influence market sentiment across traditional and digital assets, particularly in light of the Federal Reserve's monetary policy and ongoing labor market shifts. For the crypto market, Bitcoin could experience heightened volatility. If the data misses expectations significantly, it might signal a weakening labor market, increasing the likelihood of a more dovish stance from the Fed. This could fuel a rally in Bitcoin, as investors anticipate slower rate hikes or potential cuts, making risk assets more appealing. On the other hand, if the payroll data exceeds expectations, it could reinforce the Fed's hawkish outlook, bolstering the dollar and U.S. Treasuries while pressuring Bitcoin. A stronger labor market might dampen hopes of policy easing, potentially triggering a stumble for the leading cryptocurrency. In summary, the December payrolls data will act as a key catalyst for Bitcoin's short-term trajectory. Crypto traders should monitor this report closely, as it could define risk

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#OnChainLendingSurge On-chain lending has soared past $20 billion in active loans, breaking its December 2021 record! Could this surge signal higher liquidity and drive crypto prices upward? Or are we heading for a market correction? Let’s discuss the impact on DeFi and crypto prices! Create a post with #OnChainLendingSurge or the $BTC Coinpair to unlock a share of $5,000 in BNB token vouchers and earn Binance points. (Creator Center > Check-in) Don’t forget to Check-in at the Square task center for your participation to count. (Creator Center > Check-in)

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Share Your Trades and Split $4,500 USDC Rewards! We are excited to introduce our new Trade & PNL Sharing feature on Binance Square! With this feature, users can now share their trading performance with just one click. To celebrate, we are launching a limited-time campaign where you can share in a $4,500 USDC prize pool. Campaign Period: 2025-01-08 00:00 to 2025-01-16 59:59 (UTC) How to Participate: Ensure you have updated your Binance app to the latest version (at least v2.93). Simply make a short post on Binance Square using one of following three types of widgets. Each post must contain more than 50 characters. Daily or 30-Day Account PNL Account Portfolio Distribution Spot or Futures trades from the last 7 days Reward: Eligible creators can share in the $4,500 USDC prize pool. There are three sub-prize pools, one for each type of widget. You can maximize your chances by making three separate posts using each of the different widgets. Join us in celebrating this new feature and earn rewards by sharing your trading journey. We can't wait to see your posts and celebrate your successes! Terms and Conditions: This campaign may not be available in your region. Eligible users must be logged in to their verified Binance accounts whilst completing tasks during the campaign period eriod. Ensure you have updated your app to at least version (at least v2.93) to access to the new feature on app. Content pieces that are deleted during the campaign period or duplicated will not qualify. The individual cap per eligible creator received is 10 USDC. Rewards will be distributed in the form of token vouchers to eligible users within 21 working days after the Activity ends. Users will be able to log in and redeem their voucher rewards via Profile > Rewards Hub. Illegally bulk registered accounts or sub-accounts shall not be eligible to participate or receive any rewards. Binance reserves the right to disqualify any account acting against the Binance Square Community Guidelines or Terms and Conditions. Binance reserves the right at any time in its sole.

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#CryptoMarketDip Causes of market dip Crypto market dips occur due to a combination of factors: 1. **Regulatory Concerns**: Government crackdowns, bans, or strict regulations on cryptocurrencies can trigger sell-offs. 2. **Macroeconomic Factors**: Rising interest rates, inflation fears, or economic uncertainty often lead investors to pull out of risky assets like crypto. 3. **Market Sentiment**: Negative news, such as exchange hacks, lawsuits, or company insolvencies, can erode confidence and cause panic selling. 4. **Whale Movements**: Large holders (whales) selling significant amounts of crypto can lead to sharp price drops. 5. **Overleveraged Positions**: High leverage in derivatives markets can lead to liquidations during price drops, amplifying declines. 6. **Speculative Nature**: Crypto's volatile and speculative nature makes it prone to rapid price fluctuations. 7. **Global Events**: Geopolitical tensions, pandemics, or war can reduce investor appetite for risky assets. These factors combined often lead to sharp corrections in the crypto market.

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