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RayHan bros
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Bitcoin
is trading around $60k but still the market is as fearful as it was at the bottom.
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Market Update - $BTC finally broke above the $58.5k resistance, accepting above the DM VAH and 4hr EMA200. Right now the support is $59.8k (Prev Week High.) If we start to see consolidation here then we could break out above $62k next week. But the obvious downside move would be a retest of the $58.5k level which was resistance for 2 days. On the higher timeframe, it looks like BTC may have just made its first higher low since the downtrend from the ATH- this is a good sign for the medium term at least. #Write2Earn! #BinanceLaunchpoolCATI
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đđđčđčđ¶đđ” đ§đ¶đ±đČđ: đđ”đźđ¶đ»đčđ¶đ»đž'đ đŁđżđ¶đ°đČ đđŒđżđČđ°đźđđ đźđ»đ± đ đźđżđžđČđ đđ»đźđčđđđ¶đ Chainlink ($LINK) is showing signs of life, trading around key support levels with a hint of bullishness. Despite the ongoing struggles for dominance between bulls and bears, $LINK's trading pattern suggests a consolidation phase, as the market finds its footing. After a remarkable recovery, Chainlink and other cryptocurrencies are flashing green. While challenges persist, $LINK's price action indicates a cautious optimism. As currently, $LINK hovered at $11.42, up 6% in 24 hours, after bouncing back from $10.66 to $11.45. This uptick comes amidst a volatile week marked by significant price swings. Chainlink's trading activity has spiked, with volume surging 75% to $402 million and open interest rising 14% to $168 million. This increased attention and speculative interest could fuel further gains. The Chainlink price forecast faces resistance at $12.159, but if bulls keep pushing, $LINK could reach $14.771. If momentum builds, we might even see a surge to $20. While predictions are tricky, one thing's clear: Chainlink's got investors' attention. With its unique layer-2 blockchain solution, $LINK's well-positioned for growth. As investors weigh their options, one thing's clear: $LINK's potential is undeniable. #Write2Earn! #BinanceLaunchpoolCATI
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Crypto Mistakes to Avoid: A Beginner's Guide
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$BTC update: đđ Dump before FOMC Rate cut 25bps Pump to Valhalla If 50bps, priced in, back to 51.3k #BinanceLaunchpoolCATI #Write2Earn!
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đšđ»đ±đČđżđđđźđ»đ±đ¶đ»đŽ đđ§đ & đđ§đ đđ§đđ đłđŒđż đđČđŽđ¶đ»đ»đČđżđ đ 𧔠Let's talk about BTC & ETH ETFs! If you're new to investing, have a look into it. I'll break down what they are and why they matter. 1. What's an ETF? An ETF (Exchange-Traded Fund) is a type of investment fund that trades on stock exchanges, just like stocks. ETFs hold assets like stocks, commodities, or bonds. Think of it as a basket of various investments. 2. BTC & ETH ETFs $BTC (Bitcoin) and $ETH (Ethereum) ETFs are funds that track the price of Bitcoin and Ethereum, respectively. Instead of buying the actual cryptocurrencies, you can invest in these ETFs to get exposure to their price movements 3/ Why ETFs? ETFs are popular because they're easy to buy and sell, offer diversification, and can be more stable compared to owning individual assets directly. Plus, you don't need a crypto wallet 4. Safety & Regulation ETFs are regulated by financial authorities, which can provide an added layer of security. Investing in a BTC or ETH ETF means you're investing in a regulated financial product 5. How to Invest You can buy BTC and ETH ETFs through most brokerage accounts, just like you would with stocks. Popular platforms include Robinhood, E*TRADE, and Fidelity 6. đ Pros of BTC & ETH ETFs Easy to trade Regulated No need for a crypto wallet Access to professional fund management 7. â ïž Cons of BTC & ETH ETFs Management fees Doesn't provide actual ownership of the cryptocurrency Limited to market hours for trading 8/ đ Global Impact BTC & ETH ETFs are making crypto investing more accessible to everyone, helping bridge the gap between traditional finance and the crypto đ If you find this information helpful, consider supporting me.Follow me and like,share,quotes this post.. Your generosity helps me provide quality content. #Write2Earn! $BTC
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