#BounceBit $ | Mst Chayna Khatun na Binance Square

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Mst Chayna Khatun

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#BounceBit $

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Mst Chayna Khatun

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Bitcoin Performance Update: November 21, 2024 Bitcoin continues its impressive rally, setting a new all-time high of $97,000 today, marking a 5% increase over the past 24 hours. The cryptocurrency's market capitalization now stands at $1.91 trillion, with a dominance of 60.63% in the overall crypto market. Trading volume in the past 24 hours exceeded $89 billion, highlighting robust market activity. $BTC Bitcoin #BitcoinStrategy $BTC

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Resistance and Support Levels: Current key resistance levels for BTC are around $92,338 and $94,876, while support levels are at $85,627 and $83,089. Low market volatility in recent weeks suggests potential consolidation before the next major move【7】. $BTC Bitcoin today Performance $BTC

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Binance Coin (BNB) Market Update – November 20, 2024 Today, Binance Coin (BNB) is trading at $612.24, securing its position as the 5th largest cryptocurrency by market capitalization with a fully diluted valuation of approximately $89.37 billion. BNB continues to play a pivotal role in the Binance ecosystem, serving as a utility token for trading fee discounts, DeFi services, and participation in Binance Launchpad token sales $BNB Binance $BNB

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The Halving Event Scheduled for April 2024, Bitcoin’s halving will cut the mining reward from 6.25 BTC to 3.125 BTC per block. This event occurs every four years, reducing the rate at which new Bitcoin enters circulation. Historically, halving events have created significant deflationary pressure, often leading to substantial price increases in the months or years following the event. Analysts predict Bitcoin's price could surge past $100,000 due to reduced supply and steady or increasing demand【6】【7】【8】. #BinancePoolFractalBitcoin $BTC Bitcvoin High$BTC

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Possible Scenarios for 2024 Bullish Case: If historical patterns hold true and macroeconomic conditions favor Bitcoin, the price could reach new all-time highs, potentially exceeding $100,000 by the end of 2024. Bearish Case: On the flip side, unfavorable regulatory developments or a lack of demand growth could see Bitcoin struggling to maintain its momentum, possibly trading within the $20,000-$30,000 range. #90kCryptoZone $BTC Bitcoin market $BTC

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