#Bitcoin is still in the mids of this very important consoli | LARVA na Binance Square

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#Bitcoin ainda está no meio desta fase de consolidação muito importante!
Não é um conselho financeiro. 

Aviso legal: contém opiniões de terceiros. Não é um aconselhamento financeiro. Pode incluir conteúdo patrocinado. Consulte os Termos e Condições.

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Market Update After an amazing day yesterday catching a huge breakout on Bitcoin I am wanting to be a little patient here. BTC has accepted above $60.4k (DM VAH) and is holding that level as 4 hour support for now. However, there is a huge level of sell order between here and 62.8k. The heatmap for Binance shows around 10k BTC of sell orders which is one of the biggest I have seen and therefore big resistance. Any move under $60k and I will be monitoring the reaction to decide if I want to take any entries.

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Tether plans to double its workforce to 200 by mid-2025, focusing on expanding its compliance team. Despite its small size, Tether remains a financial powerhouse, generating $5.2 billion in profits in the first half of 2024. The company continues to enhance monitoring tools to prevent illicit activity involving its USDT stablecoin, which now commands nearly 70% of the stablecoin market with a $115 billion supply. #USDT

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MicroStrategy Doubles Down on Bitcoin! Acquired another 12,222 BTC in Q2!Total Bitcoin holdings now at a staggering 226,500 BTC!Introduced a new BTC yield metric, targeting 4-8% annually for the next 3 years. Is MicroStrategy setting the trend for corporate Bitcoin adoption? Share your thoughts! #MicroStrategy #Bitcoin #BTC #Binance

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#BTC is almost 1% up but the #XRP is Hot Now. Keep an eye on it. Finding out reason behind it. $XRP

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When people are extremely bearish on #BTC and place massive short positions, #BTC typically moves in the opposite direction. Have a look On chart for details. $BTC

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