$BTC #BITCOIN #longpositions The risk-to-reward ratio for | Alex Atashkar on Binance Square

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$BTC #BITCOIN #longpositions 
The risk-to-reward ratio for Bitcoin's rise in the 4-hour timeframe is highly positive.

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$BTC Oh, wouldn't it be just wonderful if Binance Square stopped letting people delete their posts? That way, we could bask in the glory of all the "brilliant minds" sharing their fake analysis and absolutely invaluable zero-value content. What a treasure trove of wisdom we'd have on display! #Sqaure #Binance

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$BTC Welcome to the 6-digit club! 🚀 Bitcoin just hit $100,000! 🌟 The future is here. #Bitcoin100K #CryptoMilestone

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$BTC Bhutan's significant move of 367 BTC to Binance is sparking debates over governmental Bitcoin trading strategies. #watchout

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$BTC Bitcoin is currently facing two significant resistance zones that could impact its upward momentum. The first major selling zone is around the $90,000 mark, which presents substantial selling pressure. However, an even stronger resistance level awaits at approximately $103,000, which I believe will be the heaviest hurdle for Bitcoin’s price to overcome. As we approach these critical levels, it’s essential to remain cautious. It’s always wise to secure profits incrementally rather than holding out for an ideal peak. Overconfidence and greed can be detrimental, as we saw in 2021 when many held onto their assets too long, hoping for even higher returns, only to face sudden drops when the market turned. The key is to approach this rally strategically, taking profits along the way to protect gains and avoid potential losses if the market shifts unexpectedly. #WillBTCBreak100KSoon

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$BTC BTC has retraced to the 0.618 Fibonacci level, often referred to as the "golden pocket," following its recent bullish breakout. This level typically serves as strong support and could signal potential for a further upward move. However, no clear bullish reversal pattern has emerged at this stage, suggesting that while there is potential, confirmation of a sustained upward trend is still needed. #BTC☀

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