A Small Dump On Market Due To This News. 🇺🇸 US Government | Chaudhary Sanaullah on Binance Square

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Chaudhary Sanaullah

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A Small Dump On Market Due To This News. 🇺🇸 US Government seeks 3 year prison sentence for ex-Binance CEO Changpeng Zhao (CZ).

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BTC UPDATE 99.9k is very important resistance area for btc and Recent Higher High if btc broke that area than it will go for 107-108k if rejected form current price or before 99.9k than first support area is 90-91k which is now weak support . # $BTC $ETH $XRP

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Bitcoin Market Update *Price:* Bitcoin's current price is $62,704, a slight decrease from yesterday's high of $64,370. *Market Sentiment:* The market is experiencing a mix of emotions, with some investors taking profits and others buying the dip. The fear and greed index is at 45, indicating a neutral sentiment. *Key Impact:* - *Increased Adoption:* Bitcoin's price surge is attributed to increased adoption and institutional investment. More companies are adding Bitcoin to their balance sheets, driving demand and price growth. - *Regulatory Clarity:* Recent regulatory clarifications have boosted investor confidence, leading to increased trading volume and price stability. - *Global Economic Uncertainty:* The ongoing global economic uncertainty has led to increased interest in safe-haven assets like Bitcoin, driving up demand and price. *News:* - *Institutional Investment:* BlackRock, the world's largest asset manager, has launched a Bitcoin trust, signaling increased institutional investment in the cryptocurrency. - *Adoption:* Twitter has announced plans to integrate Bitcoin into its platform, allowing users to send and receive Bitcoin tips. - *Regulation:* The US SEC has clarified its stance on Bitcoin, stating it is a commodity, not a security, paving the way for increased adoption and investment. *Technical Analysis:* - *Support:* $62,000 - *Resistance:* $65,000 - *Trend:* Bullish *Conclusion:* Bitcoin's price may be experiencing a slight correction, but the overall trend remains bullish. Increased adoption, regulatory clarity, and global economic uncertainty are driving demand and price growth. As more institutions and companies invest in Bitcoin, the price is likely to continue its upward trajectory. $BTC $ETH $BNB

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We are currently standing at 64K but its weekend started , and no volume in the market saying again and again they will try to through us out from market , kay wo sirf profit enjoy karein ALT session mai, so relex chill seat belt baand lein, 2 month baad apny kehna kaash hum bhi is market mai hutay. #BTC #bnb $ETH $SOL $USDC

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AFTER 5 days Hongkong ETF will start trading , on April 30 IA you will see good upwords moves in BTC , way to 80/85k$ #btc #bnb #ethereum

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Crypto Summer Season. It is expected that from now till September BTC might print 2 big moves only. Daily BTC fluctuation causes up/down 5%. Whole market turned "Boring Mode" Many retailers might leave market Major Alts remain slowly bleeding or sideway mode. If you want to earn in this season, you have to look for "one of them is not like others" Altcoins #btc #cryptomarketupdate

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