#BTC Actualización BTC 1W: #HotTrends #Btc-halving #Marke | LARVA en Binance Square

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#BTC 
Actualización BTC 1W:
#HotTrends #Btc-halving #MarketWatch2024 

Aviso legal: Se incluyen opiniones de terceros. Esto no respresenta una asesoría financiera. Puede haber contenido patrocinado. Lee los TyC.

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Crypto Update: BTC Support and Resistance Levels Bitcoin (BTC) is currently eyeing crucial support around the 52k to 53k range, where a bullish harmonic pattern is forming. It's imperative for BTC to defend this support to avoid potential downtrends. Meanwhile, the 57k level has emerged as a formidable resistance, complicating BTC's current market dynamics. Given the volatility, traders are advised to exercise caution and implement stop-loss measures. Stay vigilant in the crypto markets! #Bitcoin #CryptoUpdate #MarketAnalysis

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#Bitcoin Open Interest Drops $1.2 Billion in 2 Days Over the past two days, Bitcoin's open interest has shed roughly ~$1.2 billion. This isn't due to a single liquidation event, but rather a gradual sell-off as traders close positions with each new price dip. While less dramatic than a sudden crash, this slow bleed can be more painful in the long run. #SOFR_Spike #US_Job_Market_Slowdown #BTC

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Binance Square Post: Bitcoin Plunges Below $59k! SOL and Doge Lead Crypto Bloodbath Hey Binancians! Get ready for some not-so-great news. Bitcoin took a nosedive today, dropping below $59,000 for the first time since April. Fears of selling pressure from the infamous Mt. Gox hack repayments and possible miner sales are spooking investors. Here's the Breakdown: Bitcoin (BTC): Down 3.3% in 24 hours.Ether (ETH): Feeling the heat too, down 4%.Solana (SOL) & Dogecoin (DOGE): Leading the losses with an 8% plunge each.Overall Market: The CoinDesk 20 index (tracks major tokens) is down a chunky 4.8%. But Wait, There's More! Over $230 million in longs liquidated on futures in the past 24 hours. That means some leveraged traders got burned betting on prices going up.Binance cleaned up the most with over $110 million in liquidations. Silver Lining (Maybe?) This liquidation frenzy could indicate a short-term dip in price volatility.Trading firm QCP Capital predicts a subdued market in the next quarter due to Mt. Gox uncertainty. ¯_(ツ)_/¯ Stay tuned for more updates! What are your thoughts on the Bitcoin price drop? #Bitcoin #Cryptocrash #MtGox #Binance #StaySAFU

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Bitcoin Reigns Supreme: Top Performer in 2024 (So Far)

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ETF Volumes Slide: Below $3 Billion Since Mid-May Attention crypto traders! ETF trading volumes are showing signs of a slowdown, failing to surpass the $3 billion mark since mid-May. This comes after Farside reported the first outflow of July for Bitcoin (BTC) ETFs on July 2nd. The outflow totaled $13.7 million, snapping a five-day streak of inflows. Leading the decline was Grayscale's GBTC, experiencing a significant $32.4 million outflow, pushing its total net outflow to a hefty $18.5 billion.

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