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### Bitcoin is Dropping! What Should You Do? Hey everyone, it's been a while. I hope you're all doing well. Recently, we've seen the price of Bitcoin ($BTC) fall significantly, leaving many to wonder what's going on. "We thought this was the bull year," and "Experts said the bull run comes after the halving." So, what's really happening? Let me explain: Bitcoin is currently in a strong cycle and a critical phase. The highest resistance point has been its all-time high (ATH), where bears typically make significant profits. Bitcoin is undoubtedly profitable, but only strategic positions yield gains. Right now, bears are overtaking bulls. Many people have lost faith in the crypto market because it’s always a gamble. The key is to calculate and manage your losses, though I don't generally advise focusing on losses. Remember, it’s neither a profit nor a loss until you sell. Do what's best for you. The most crucial thing is to always have funds to buy the dip and average out your investment. Dollar-cost averaging (DCA) into buying back the bottom can be a good strategy. Bitcoin controls the market, so it’s wise to use it as a guide when making trading decisions on any crypto asset. Hopefully, by the end of the year, the bulls will be strong, and the market will rise. Don't panic sell; that’s never a good idea. We’re at a critical support level now. If it goes lower, continue to DCA. There's a high chance you’ll average well. Stay calm and strategic! #BinanceTurns7 #SOFR_Spike #US_Job_Market_Slowdown #MtGoxJulyRepayments #ETH_ETFs_Approval_Predictions
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$BTC is showing strong momentum and is close to breaking its significant resistance at 62,057. A break above this level could see it reaching 63k. It remains in the consolidation phase. Technical Analysis Report for $BTC/USDT: - Current price: $61,934.02, down 4.23% - 24-hour high: $65,524.01 - 24-hour low: $60,505.00 - Resistance level: $62,324.01 - Support level: $61,005.00 For long trades, consider entering above $62,104.01 with targets at $62,410.00 and $62,670.00. For short trades, enter below $61,205.00, targeting $61,005.00 and $60,780.00. Keep a close watch on the substantial trading volume, with 38,661.36 BTC and 2.43B USDT traded in the last 24 hours. #Write2Earn! #BTC☀ #EarnFreeCrypto2024 #BinanceTurns7 #BullBanter
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How often do you get a chance to consistently earn significant profits on every trade Here's another bold statement on $BTC prediction analysis. compare my predictions with other Binance Square experts. No one matches the accuracy of many of you asked for trade signals 2-3 hours in advance. I provided signals 12 hours ago predicting that $BTC would drop to 60-61k. As predicted, $BTC followed the exact path laid out for you. #Write2Earn! #BinanceTurns7
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**Latest Updates on $PEPE, $FIL, and $ARB** **Pepe (PEPE)** Pepe is currently priced at $0.00000978, down by 4.31%. The key support level is $0.000009, a critical point for buyers. On the resistance side, $0.000011 is the crucial level to watch. A break above this could lead to more gains, while a dip below $0.000009 might result in a pullback to $0.000008. **Filecoin (FIL)** Filecoin is trading at $3.92, reflecting a decrease of 4.97%. The major support level is at $3.50, which has been strong during recent market corrections. The key resistance level to monitor is $4.50. Breaking above this could trigger further upward movement, but if FIL drops below $3.50, it might decline to $3.00. **Arbitrum (ARB)** Arbitrum is priced at $0.6128, down by 4.26%. The major support level is $0.60, a crucial point for buyers. The key resistance level to watch is $0.70. If ARB breaks above this, it could see more gains, but a drop below $0.60 might lead to a pullback to $0.55. #BTC☀ #MtGoxJulyRepayments #Write2Earn! #Babylon_Mainnet_Launch
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If $BTC drops to $10,000, $BNB to $180, or $ETH to $700, many will seize the opportunity to profit significantly. 🐺⚡️ Whether the market is surging or plummeting, thousands are making money, and so can you. 🐺⚡️ When you witness $BTC or $BNB declining, don't panic. Remember, as $BTC falls, numerous traders are capitalizing on the downturn. Those who shorted $BTC at $70,047 are enjoying substantial gains. Continued drops in $BTC or other coins mean continued profits for these traders. To benefit from all market movements, it's essential to understand how to trade futures. This knowledge provides a significant advantage over spot traders. Soon, we will offer free resources to help you analyze markets and improve your trading skills. You don't need to trade constantly; a well-timed trade based on a solid setup is key. Follow us for upcoming materials and notifications. #xmucan #meme #BinanceTurns7 #July_NonFarmPayrolls_Shock #SOFR_Spike
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