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Things you should not do in a bearish Bitcoin market
Don't sell out when panicked
Your first thought may be to sell what you hold. If you are thinking about panic selling, we recommend that you stop for a moment to calm down. The problem with selling immediately after a drop is that you are actually realizing your losses when the price of Bitcoin drops. The answer to the question “should I sell my Bitcoin or not?” is no, no and no.
#binance $BTC
This logic is quite reasonable when we look at the long history of Bitcoin's value, when this coin continuously breaks old price peaks after a period of creating lower lows. However, this is easier said than done, and although HODL seems perfect, those who follow this strategy face extreme anxiety when watching the price continuously decline.
Don't focus on all-time price peaks
Bitcoin's all-time price peaks show that BTC's value has been improving over the past decade, but the truth is that high price peaks are not the most stable times.
All-time highs can distract you. These price peaks do not last long. Like bear markets, Bitcoin's highs and lows are just temporary price points in price history.
Don't trade right away
Bearish markets are notorious for being abyss of extreme anxiety. This leads many traders and investors to start thinking about trading what they have left to cut their losses.
Don't sell out when panicked
Your first thought may be to sell what you hold. If you are thinking about panic selling, we recommend that you stop for a moment to calm down. The problem with selling immediately after a drop is that you are actually realizing your losses when the price of Bitcoin drops. The answer to the question “should I sell my Bitcoin or not?” is no, no and no.
#binance $BTC
This logic is quite reasonable when we look at the long history of Bitcoin's value, when this coin continuously breaks old price peaks after a period of creating lower lows. However, this is easier said than done, and although HODL seems perfect, those who follow this strategy face extreme anxiety when watching the price continuously decline.
Don't focus on all-time price peaks
Bitcoin's all-time price peaks show that BTC's value has been improving over the past decade, but the truth is that high price peaks are not the most stable times.
All-time highs can distract you. These price peaks do not last long. Like bear markets, Bitcoin's highs and lows are just temporary price points in price history.
Don't trade right away
Bearish markets are notorious for being abyss of extreme anxiety. This leads many traders and investors to start thinking about trading what they have left to cut their losses.
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5 useful tips for new traders
Tip 1: Don't use margin too early
If this is your first time entering the market, stay calm and don't rush to trade too early. When starting to trade, don't use leverage too early. Using Margin can help you amplify profits but also risks heavy losses if the market goes against predictions.
Tip 2: Start trading seriously
If your ambition is to become a professional trader, you must invest in it seriously. You cannot have the rich life you desire with arbitrary work habits. Make a list of your priorities and align them with your daily tasks.
If this is your first time entering the market, stay calm and don't rush to trade too early. When starting to trade, don't use leverage too early. Using Margin can help you amplify profits but also risks heavy losses if the market goes against predictions.
Tip 2: Start trading seriously
If your ambition is to become a professional trader, you must invest in it seriously. You cannot have the rich life you desire with arbitrary work habits. Make a list of your priorities and align them with your daily tasks.
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Macroeconomic events driving cryptocurrency market sentiment this week
Bitcoin price has just surpassed the $70,000 mark for the first time since June 10, after two weeks of strong inflows into Bitcoin ETFs in the United States. In this context, thorough preparation and adjustment of trading strategies will be necessary. Many traders also point out that Bitcoin is forming a “golden cross” – a bullish chart pattern. Below are four macroeconomic events in the United States to watch for predicting upcoming market sentiment.
1. Q3 GDP
The U.S. Department of Commerce’s Bureau of Economic Analysis will release the Gross Domestic Product (GDP) report for Q3 on October 30. The median GDP growth is forecasted to be 3.2%, a slight increase from the previous quarter's 3%. Based on reliable models from the Federal Reserve (Fed) Atlanta, economic growth could expand and reach an annualized rate of 3.3%.
If this happens, it will be nearly double the median forecast in July when the quarter began.
2. Non-Farm Payrolls
Non-Farm Payrolls (NFP) published on the first Friday of each month is the main highlight in the economic event calendar of the United States this week.
3. Earnings of mega-cap companies
Earnings of mega-cap companies are also among the economic events in the United States impacting cryptocurrency this week.
4. U.S. Presidential Election
On the other hand, these events are taking place just days before the U.S. election, further reinforcing expectations of increased volatility. The people of the land of the free have just over a week left to vote for the 47th President.
$BTC $ETH
Bitcoin price has just surpassed the $70,000 mark for the first time since June 10, after two weeks of strong inflows into Bitcoin ETFs in the United States. In this context, thorough preparation and adjustment of trading strategies will be necessary. Many traders also point out that Bitcoin is forming a “golden cross” – a bullish chart pattern. Below are four macroeconomic events in the United States to watch for predicting upcoming market sentiment.
1. Q3 GDP
The U.S. Department of Commerce’s Bureau of Economic Analysis will release the Gross Domestic Product (GDP) report for Q3 on October 30. The median GDP growth is forecasted to be 3.2%, a slight increase from the previous quarter's 3%. Based on reliable models from the Federal Reserve (Fed) Atlanta, economic growth could expand and reach an annualized rate of 3.3%.
If this happens, it will be nearly double the median forecast in July when the quarter began.
2. Non-Farm Payrolls
Non-Farm Payrolls (NFP) published on the first Friday of each month is the main highlight in the economic event calendar of the United States this week.
3. Earnings of mega-cap companies
Earnings of mega-cap companies are also among the economic events in the United States impacting cryptocurrency this week.
4. U.S. Presidential Election
On the other hand, these events are taking place just days before the U.S. election, further reinforcing expectations of increased volatility. The people of the land of the free have just over a week left to vote for the 47th President.
$BTC $ETH
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Cup and Handle Pattern Signals SOL Price Potential for 2,000% Rally
$SOL
The “Ethereum Killer” has rallied more than 2,000% since setting a cycle low of around $10 in November 2022. In the process, veteran analyst Peter Brandt spotted a price trend that paints a cup and handle pattern on the weekly chart.
A cup and handle pattern develops when the price makes a U-shaped recovery, resembling a “cup,” followed by a consolidation phase, resembling a “handle.”
A handle typically signals a moment of indecision as traders assess whether an uptrend will continue. That seems to be the market sentiment recently, as the price of SOL has been consolidating in a $100-$200 trading range since March 2024.
According to the rules of technical analysis, the cup and handle pattern is usually resolved when the price breaks above the neckline resistance ($205 in the case of SOL) and rises by the maximum distance between the bottom of the cup and the neckline.
There are 2 main factors that often occur:
According to data from 2020, the “altcoin season” after the halving can boost the price of SOL
On the other hand, the hope of an altcoin season historically after Bitcoin halving events is also a bullish signal for SOL.
Traditionally, after a Bitcoin halving event, traders often shift their focus from Bitcoin to altcoins.
#binance
#Solana
$SOL
The “Ethereum Killer” has rallied more than 2,000% since setting a cycle low of around $10 in November 2022. In the process, veteran analyst Peter Brandt spotted a price trend that paints a cup and handle pattern on the weekly chart.
A cup and handle pattern develops when the price makes a U-shaped recovery, resembling a “cup,” followed by a consolidation phase, resembling a “handle.”
A handle typically signals a moment of indecision as traders assess whether an uptrend will continue. That seems to be the market sentiment recently, as the price of SOL has been consolidating in a $100-$200 trading range since March 2024.
According to the rules of technical analysis, the cup and handle pattern is usually resolved when the price breaks above the neckline resistance ($205 in the case of SOL) and rises by the maximum distance between the bottom of the cup and the neckline.
There are 2 main factors that often occur:
According to data from 2020, the “altcoin season” after the halving can boost the price of SOL
On the other hand, the hope of an altcoin season historically after Bitcoin halving events is also a bullish signal for SOL.
Traditionally, after a Bitcoin halving event, traders often shift their focus from Bitcoin to altcoins.
#binance
#Solana
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Bitcoin Price Bounces Back: MANIPULATION AND BETTING!
Polymarket Whales Increase Donald Trump Odds, Raising Manipulation Suspicions
The behavior of top bettors on Polymarket has raised concerns about the potential for manipulation of the accuracy of decentralized prediction markets. Former President Donald Trump’s increasing odds in the 2024 US presidential election are believed to have been significantly influenced by a user named “Fredi9999,” who holds more than $20 million in Trump bets.
Paradoxically, the situation on Polymarket is now affecting the real world, where many people believe what they see on the platform. The upcoming presidential election will be a prime example of how reliable prediction markets can be.”
The total amount of deposits to these accounts is believed to be between $1 million and $500,000, raising suspicions that the funds are being used to strategically influence Trump’s odds. When asked about the identity and motives of these whales, Domer suggested that it could be someone who is truly convinced that Trump will win, trying to place large bets and becoming increasingly confident as the price of the bet increases.
All of these accounts received large deposits from Kraken and immediately began betting on Trump, causing the odds to increase from 26% to 39% in just a few hours.”
$BTC $BNB
Polymarket Whales Increase Donald Trump Odds, Raising Manipulation Suspicions
The behavior of top bettors on Polymarket has raised concerns about the potential for manipulation of the accuracy of decentralized prediction markets. Former President Donald Trump’s increasing odds in the 2024 US presidential election are believed to have been significantly influenced by a user named “Fredi9999,” who holds more than $20 million in Trump bets.
Paradoxically, the situation on Polymarket is now affecting the real world, where many people believe what they see on the platform. The upcoming presidential election will be a prime example of how reliable prediction markets can be.”
The total amount of deposits to these accounts is believed to be between $1 million and $500,000, raising suspicions that the funds are being used to strategically influence Trump’s odds. When asked about the identity and motives of these whales, Domer suggested that it could be someone who is truly convinced that Trump will win, trying to place large bets and becoming increasingly confident as the price of the bet increases.
All of these accounts received large deposits from Kraken and immediately began betting on Trump, causing the odds to increase from 26% to 39% in just a few hours.”
$BTC $BNB
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you may not know!
$BTC $BNB $SAGA
$BTC $BNB $SAGA
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JOIN NOW!!!
Daily Check-in to Get Binance Points
Discover and Get Rewarded First
How to Participate:
Users can access the Mission Center from the Creator Center. Please note that the Mission Center is only available on the Binance app.
Promotion A: Complete Daily Tasks to Earn PointsAll eligible users can complete each of the following tasks once per day during the .
The promotion period to earn the corresponding points is on a first-come, first-served basis.
You will have a maximum of 3 times to earn points per day for each binance task. The more you accumulate, the more chances you have to redeem your voucher for BNB tokens or other vouchers.
$BNB
Daily Check-in to Get Binance Points
Discover and Get Rewarded First
How to Participate:
Users can access the Mission Center from the Creator Center. Please note that the Mission Center is only available on the Binance app.
Promotion A: Complete Daily Tasks to Earn PointsAll eligible users can complete each of the following tasks once per day during the .
The promotion period to earn the corresponding points is on a first-come, first-served basis.
You will have a maximum of 3 times to earn points per day for each binance task. The more you accumulate, the more chances you have to redeem your voucher for BNB tokens or other vouchers.
$BNB
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JOIN NOW!!!
Daily Check-in to Get Binance Points
Discover and Get Rewarded First
How to Participate:
Users can access the Mission Center from the Creator Center. Please note that the Mission Center is only available on the Binance app.
Promotion A: Complete Daily Tasks to Earn PointsAll eligible users can complete each of the following tasks once per day during the .
The promotion period to earn the corresponding points is on a first-come, first-served basis.
You will have a maximum of 3 times to earn points per day for each binance task. The more you accumulate, the more chances you have to redeem your voucher for BNB tokens or other vouchers.
$BNB
Daily Check-in to Get Binance Points
Discover and Get Rewarded First
How to Participate:
Users can access the Mission Center from the Creator Center. Please note that the Mission Center is only available on the Binance app.
Promotion A: Complete Daily Tasks to Earn PointsAll eligible users can complete each of the following tasks once per day during the .
The promotion period to earn the corresponding points is on a first-come, first-served basis.
You will have a maximum of 3 times to earn points per day for each binance task. The more you accumulate, the more chances you have to redeem your voucher for BNB tokens or other vouchers.
$BNB
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How to choose a time frame to optimize Crypto trading
What is a Time Frame?
A time frame is a time frame in which the price data of a coin/token is collected and displayed on the chart. This is a basic and extremely important concept in financial trading, including crypto trading.
Choosing the right time frame is very important, because it helps traders analyze techniques, identify trends to develop trading strategies, appropriate entry and exit points. Choosing the right time frame for each person's trading strategy is a key factor to achieve success.
The time frame is divided into many milestones, the smallest unit is 1 second (1s) and the largest is 1 month (1M). Some popular time frames include:
1 minute (M1)
5 minutes (M5)
15 minutes (M15)
1 hour (H1)
4 hours (H4)
1 day (D1)
1 week (W1)
1 month (M1)
How to choose the right Time Frame
Each trader has their own style and strategy, and choosing the right time frame is very important. Here are some popular trading styles and corresponding time frames:
Scalping: Use short time frames such as M1, M5. Scalping is a quick trading method, looking for small profits in a short time.
Day Trading: Use time frames such as M15, H1. Day traders often open and close orders on the same day.
Determine entry and exit points on small time frames
Entry points: Determine specific entry points based on technical signals such as moving averages, RSI, MACD.
Exit Points: Set stop-loss and take-profit levels based on support/resistance levels and technical signals.
$BTC $SAGA $DOGS
What is a Time Frame?
A time frame is a time frame in which the price data of a coin/token is collected and displayed on the chart. This is a basic and extremely important concept in financial trading, including crypto trading.
Choosing the right time frame is very important, because it helps traders analyze techniques, identify trends to develop trading strategies, appropriate entry and exit points. Choosing the right time frame for each person's trading strategy is a key factor to achieve success.
The time frame is divided into many milestones, the smallest unit is 1 second (1s) and the largest is 1 month (1M). Some popular time frames include:
1 minute (M1)
5 minutes (M5)
15 minutes (M15)
1 hour (H1)
4 hours (H4)
1 day (D1)
1 week (W1)
1 month (M1)
How to choose the right Time Frame
Each trader has their own style and strategy, and choosing the right time frame is very important. Here are some popular trading styles and corresponding time frames:
Scalping: Use short time frames such as M1, M5. Scalping is a quick trading method, looking for small profits in a short time.
Day Trading: Use time frames such as M15, H1. Day traders often open and close orders on the same day.
Determine entry and exit points on small time frames
Entry points: Determine specific entry points based on technical signals such as moving averages, RSI, MACD.
Exit Points: Set stop-loss and take-profit levels based on support/resistance levels and technical signals.
$BTC $SAGA $DOGS
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How to control trading psychology
The winner is the one who survives the market!
Managing emotions is the leading factor that determines the success or failure of an investor, it is a long process, continuously carried out throughout the investor's trading process. Each person's trading psychology can be different and often depends on experience and knowledge. Therefore, to achieve good psychological control, investors need to focus on practicing and improving their skills continuously and regularly. Here are some ways to control trading psychology:
>> Identify and accept risks: Investors need to determine the level of risk that they can accept in trading and accept that trading always has risks. This helps investors not to be overwhelmed by unwanted fluctuations in the market.
>> Make a trading plan: Investors should have a specific trading plan, including profit targets and specific risk levels. This plan helps investors focus on specific goals and avoid making decisions based on emotions and market conditions.
>>Control emotions: Investors need to learn to control their emotions when trading, including anxiety, fear, greed and market psychology. They can use techniques such as re-evaluating decisions, focusing on the plan
Focus on market data: Investors should focus on market data instead of emotions and news. Use tools and indicators to analyze the market and make more accurate trading decisions.$BTC
The winner is the one who survives the market!
Managing emotions is the leading factor that determines the success or failure of an investor, it is a long process, continuously carried out throughout the investor's trading process. Each person's trading psychology can be different and often depends on experience and knowledge. Therefore, to achieve good psychological control, investors need to focus on practicing and improving their skills continuously and regularly. Here are some ways to control trading psychology:
>> Identify and accept risks: Investors need to determine the level of risk that they can accept in trading and accept that trading always has risks. This helps investors not to be overwhelmed by unwanted fluctuations in the market.
>> Make a trading plan: Investors should have a specific trading plan, including profit targets and specific risk levels. This plan helps investors focus on specific goals and avoid making decisions based on emotions and market conditions.
>>Control emotions: Investors need to learn to control their emotions when trading, including anxiety, fear, greed and market psychology. They can use techniques such as re-evaluating decisions, focusing on the plan
Focus on market data: Investors should focus on market data instead of emotions and news. Use tools and indicators to analyze the market and make more accurate trading decisions.$BTC
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Crypto Market: The Next 5 Coins to Explode in October 2024
Many emerging coin projects have recently been sought after by many investors thanks to their impressive potential factors, promising to bring good profits to those who participate early.
In this article, let's take a look at the top 5 new cryptocurrency projects you should know:
1. The first name on our list is Flockerz - a new "newbie" in the crypto market. The Flockerz project has only been running a presale campaign for a few days, but up to now, it has quickly raised more than 520 thousand dollars.
This initial success was actually within expectations, thanks to the breakthrough and innovative features that the Flockerz development team has introduced. Specifically, they are building the first "Vote-to-Earn" DAO in the crypto market.
2. This pepu project is also in the presale campaign stage, but is much more reputable than Flockerz when it surpassed the $18 million mark! This achievement is really “huge” compared to a young meme coin project like $PEPU
3. When participating in Crypto All-Stars, users can stake on top meme coins such as Dogecoin, Shiba Inu, Pepe, Bonk, Mog Coin and many more. In the process, users will earn $STARS passively.
4. Memebet is currently the world's first meme cryptocurrency casino.
Users can bet on thousands of exciting games and sports events online with popular meme coins such as Dogecoin, Shiba Inu and Pepe.
5. Aptos is currently continuing to record strong growth momentum after acquiring a Japanese software development company,
Many emerging coin projects have recently been sought after by many investors thanks to their impressive potential factors, promising to bring good profits to those who participate early.
In this article, let's take a look at the top 5 new cryptocurrency projects you should know:
1. The first name on our list is Flockerz - a new "newbie" in the crypto market. The Flockerz project has only been running a presale campaign for a few days, but up to now, it has quickly raised more than 520 thousand dollars.
This initial success was actually within expectations, thanks to the breakthrough and innovative features that the Flockerz development team has introduced. Specifically, they are building the first "Vote-to-Earn" DAO in the crypto market.
2. This pepu project is also in the presale campaign stage, but is much more reputable than Flockerz when it surpassed the $18 million mark! This achievement is really “huge” compared to a young meme coin project like $PEPU
3. When participating in Crypto All-Stars, users can stake on top meme coins such as Dogecoin, Shiba Inu, Pepe, Bonk, Mog Coin and many more. In the process, users will earn $STARS passively.
4. Memebet is currently the world's first meme cryptocurrency casino.
Users can bet on thousands of exciting games and sports events online with popular meme coins such as Dogecoin, Shiba Inu and Pepe.
5. Aptos is currently continuing to record strong growth momentum after acquiring a Japanese software development company,
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Get $DOGS , $NOT and $BNB before 4/10/2024
How to play Binance's Moonbix game!
Moonbix is a gold mining game on Telegram developed by the Binance exchange. The game is integrated in the form of a Telegram mini-app with gameplay similar to the classic gold mining game in Web2, where players participate in gold mining in a fixed time.
As can be seen, detailed information about Moonbix round 1 airdrop reward fund in Dogs and Not. However, the community has set expectations that playing Moonbix can receive BNB tokens. At the same time, many people believe that the number of Moonbix players can surpass the games that are causing a storm in the community such as Hamster Kombat, Catizen... (currently more than 22M users)
How to play Binance's Moonbix on Telegram:
The core gameplay of Moonbix is mining gold and earning rewards. Besides, Moonbix also integrates some activities for users to accumulate more points such as:
Check-in every day
Climb the rankings on the leaderboard
Do the required tasks
Invite friends to join
How to play Moonbix game as follows:
Step 1: Access the Moonbix game: https://t.me/Binance_Moonbix_bot/start?startApp=ref_7487950794&startapp=ref_7487950794&utm_medium=web_share_copy
Step 2: The first time entering the game, players will receive 100 bonus points. Then select Continue to continue.
Step 3: On the application homepage, select Play Game to start playing.
Each turn will last for 45 seconds, players have a maximum of 6 turns.
Step 4: On the toolbar, select Tasks to do the task. The tasks currently include:
Share the Moonbix campaign on Telegram's Story feature
Subscribe to Binance Announcement's Telegram channel
Subscribe to Moonbix's Telegram channel
Connect Moonbix to Binance exchange and get 10000 points
How to play Binance's Moonbix game!
Moonbix is a gold mining game on Telegram developed by the Binance exchange. The game is integrated in the form of a Telegram mini-app with gameplay similar to the classic gold mining game in Web2, where players participate in gold mining in a fixed time.
As can be seen, detailed information about Moonbix round 1 airdrop reward fund in Dogs and Not. However, the community has set expectations that playing Moonbix can receive BNB tokens. At the same time, many people believe that the number of Moonbix players can surpass the games that are causing a storm in the community such as Hamster Kombat, Catizen... (currently more than 22M users)
How to play Binance's Moonbix on Telegram:
The core gameplay of Moonbix is mining gold and earning rewards. Besides, Moonbix also integrates some activities for users to accumulate more points such as:
Check-in every day
Climb the rankings on the leaderboard
Do the required tasks
Invite friends to join
How to play Moonbix game as follows:
Step 1: Access the Moonbix game: https://t.me/Binance_Moonbix_bot/start?startApp=ref_7487950794&startapp=ref_7487950794&utm_medium=web_share_copy
Step 2: The first time entering the game, players will receive 100 bonus points. Then select Continue to continue.
Step 3: On the application homepage, select Play Game to start playing.
Each turn will last for 45 seconds, players have a maximum of 6 turns.
Step 4: On the toolbar, select Tasks to do the task. The tasks currently include:
Share the Moonbix campaign on Telegram's Story feature
Subscribe to Binance Announcement's Telegram channel
Subscribe to Moonbix's Telegram channel
Connect Moonbix to Binance exchange and get 10000 points
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US Inflation Hits Higher Than Expected in September – Bitcoin Continues to Fall in October
"Uptober" FAILS ??
The US Federal Reserve (Fed) surprised many in September by starting its rate cut cycle with a 50 basis point cut, higher than the expected 25 basis points. This action led to a significant rally in the crypto market, as investors not only anticipated a rate cut but also expected a similar move at the Fed's policy meeting in early November.
However, hawkish comments from Fed Chairman Jerome Powell and officials have reversed these expectations over the past ten days, contributing to increased selling pressure on the crypto market.
Specifically, last night, the price of Bitcoin fell below $60,000, even falling below $59,000 at one point. The price currently stands at $60,164, representing a significant decline from its peak of $73,737 in March this year. Earlier this month, it appeared that Bitcoin was approaching the $64,000 mark after holding above $60,000 for three consecutive weeks.
Geopolitical tensions in the Middle East, particularly between Iran, Lebanon, and Israel, have caused many investors to turn to safer assets like gold rather than cryptocurrencies
$BTC #Write2Win
"Uptober" FAILS ??
The US Federal Reserve (Fed) surprised many in September by starting its rate cut cycle with a 50 basis point cut, higher than the expected 25 basis points. This action led to a significant rally in the crypto market, as investors not only anticipated a rate cut but also expected a similar move at the Fed's policy meeting in early November.
However, hawkish comments from Fed Chairman Jerome Powell and officials have reversed these expectations over the past ten days, contributing to increased selling pressure on the crypto market.
Specifically, last night, the price of Bitcoin fell below $60,000, even falling below $59,000 at one point. The price currently stands at $60,164, representing a significant decline from its peak of $73,737 in March this year. Earlier this month, it appeared that Bitcoin was approaching the $64,000 mark after holding above $60,000 for three consecutive weeks.
Geopolitical tensions in the Middle East, particularly between Iran, Lebanon, and Israel, have caused many investors to turn to safer assets like gold rather than cryptocurrencies
$BTC #Write2Win
Khám phá Moonbix . Các chiến dịch vừa ra mắt trả token BNB , DOGS và NOT
📢 Moonbix Exclusive Rewards Incoming: First-Come, First-Served!
Greetings, Explorers🧑🚀
With the overwhelming response on our earlier post, we’re thrilled to introduce our first-ever $DOGS and $NOT giveaway, exclusively for our Moonbix Explorers!🎁💫 Our planet master—$BNB—will be making its grand entrance soon, so stay tuned! 🌟
To claim your rewards,
1. Visit the Moonbix Task page and opt-in to the giveaway by clicking the “Join Campaign” button on the landing page.
2. Bind your verified Binance account with Moonbix.
3. Complete any of the listed missions on the landing page during the Promotion Period to qualify for the corresponding rewards.
So gear up now, visit the task page, and complete those missions to collect your interstellar rewards!💰
And there's more! The points you earn in the game will soon unlock cosmic benefits—stellar surprises are on the horizon! 👀
Keep exploring and earning, space explorers! 🚀✨
#moonbix
📢 Moonbix Exclusive Rewards Incoming: First-Come, First-Served!
Greetings, Explorers🧑🚀
With the overwhelming response on our earlier post, we’re thrilled to introduce our first-ever $DOGS and $NOT giveaway, exclusively for our Moonbix Explorers!🎁💫 Our planet master—$BNB—will be making its grand entrance soon, so stay tuned! 🌟
To claim your rewards,
1. Visit the Moonbix Task page and opt-in to the giveaway by clicking the “Join Campaign” button on the landing page.
2. Bind your verified Binance account with Moonbix.
3. Complete any of the listed missions on the landing page during the Promotion Period to qualify for the corresponding rewards.
So gear up now, visit the task page, and complete those missions to collect your interstellar rewards!💰
And there's more! The points you earn in the game will soon unlock cosmic benefits—stellar surprises are on the horizon! 👀
Keep exploring and earning, space explorers! 🚀✨
#moonbix
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Warning for Bitcoin Price Dynamics.
What’s Next???
After a surprisingly bullish September, the crypto market entered October 2024 with hopes that this could be the start of a new bull cycle. However, all that was thrown into cold water when the threat of a conflict between Iran and Israel caused Bitcoin to correct sharply, followed by a wave of altcoin sell-offs.
Other findings confirmed a close correlation between the realized price of all BTC moving in the past day to week — the “hottest” part of BTC supply — and the Bitcoin spot price.
The realized price in the past day to week was $62,080 at the time of writing, which is roughly the same as the current BTC spot price.“The multiple interactions between realized price and realized price over a relatively short time frame suggest that traders are paying close attention to this level. Such rejections imply that momentum is weakening after attempts to sustain above the real price, potentially leading to short-term corrections,”
Previously, there was a recent spate of exchange withdrawals, which became the largest Bitcoin withdrawal since November 2022, near the bottom of the most recent bear market.
It seems that large funds and long-term holders are looking to cash out of the topcoin?.
$BTC $ETH $SAND
What’s Next???
After a surprisingly bullish September, the crypto market entered October 2024 with hopes that this could be the start of a new bull cycle. However, all that was thrown into cold water when the threat of a conflict between Iran and Israel caused Bitcoin to correct sharply, followed by a wave of altcoin sell-offs.
Other findings confirmed a close correlation between the realized price of all BTC moving in the past day to week — the “hottest” part of BTC supply — and the Bitcoin spot price.
The realized price in the past day to week was $62,080 at the time of writing, which is roughly the same as the current BTC spot price.“The multiple interactions between realized price and realized price over a relatively short time frame suggest that traders are paying close attention to this level. Such rejections imply that momentum is weakening after attempts to sustain above the real price, potentially leading to short-term corrections,”
Previously, there was a recent spate of exchange withdrawals, which became the largest Bitcoin withdrawal since November 2022, near the bottom of the most recent bear market.
It seems that large funds and long-term holders are looking to cash out of the topcoin?.
$BTC $ETH $SAND
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October crypto! Is it a trend to increase or decrease?
Last week, our plan was to wait for BTC to sideway slightly and adjust to around $60,000 to buy.
In fact, although the price was sideways, it did not adjust as deeply as we expected, but only returned to around $62,700 and then bounced up to $66,000. Therefore, the plan to wait to buy BTC was not successful.
Regarding altcoins, last week we had a plan for SEI to wait to buy back when the price adjusted to the $0.33 - $0.34 range. Result: This plan was also regrettable when the order could not be matched, the price adjusted to $0.36 and then bounced up 38%.
Of course, we cannot be subjective when looking at the overall picture, BTC is still only in a sideways range. In the 3D frame, we have identified another strong supply zone (hard resistance) of BTC around 68,500 - 69,000 USD. This will be the next level that BTC is likely to reach next week to test.
You can create a long scalping plan for BTC following the trend as follows:
The price continues to follow the EMA (20) 4H frame to go up, we will go long when the price successfully breaks out-retests the nearest peak around 66,200 USD. Tp will be around 68,500 - 69,000 USD
Frame D has reached the area we have been waiting for a long time. Here, you have begun to see some peak divergence signals (price goes up, RSI goes down). We will continue to patiently wait for BTC.D to dump strongly to eat the entire altcoin wave.
$SAGA is still having quite good force. Currently, the 12H frame gives us a sideway accumulation zone right above the EMA (20). If it can hold above the 2.4 price zone for a few more 12H candles, SAGA may continue to go up to higher levels next week (3 - 4 USD).
#Write2Win $SAGA $BTC
Last week, our plan was to wait for BTC to sideway slightly and adjust to around $60,000 to buy.
In fact, although the price was sideways, it did not adjust as deeply as we expected, but only returned to around $62,700 and then bounced up to $66,000. Therefore, the plan to wait to buy BTC was not successful.
Regarding altcoins, last week we had a plan for SEI to wait to buy back when the price adjusted to the $0.33 - $0.34 range. Result: This plan was also regrettable when the order could not be matched, the price adjusted to $0.36 and then bounced up 38%.
Of course, we cannot be subjective when looking at the overall picture, BTC is still only in a sideways range. In the 3D frame, we have identified another strong supply zone (hard resistance) of BTC around 68,500 - 69,000 USD. This will be the next level that BTC is likely to reach next week to test.
You can create a long scalping plan for BTC following the trend as follows:
The price continues to follow the EMA (20) 4H frame to go up, we will go long when the price successfully breaks out-retests the nearest peak around 66,200 USD. Tp will be around 68,500 - 69,000 USD
Frame D has reached the area we have been waiting for a long time. Here, you have begun to see some peak divergence signals (price goes up, RSI goes down). We will continue to patiently wait for BTC.D to dump strongly to eat the entire altcoin wave.
$SAGA is still having quite good force. Currently, the 12H frame gives us a sideway accumulation zone right above the EMA (20). If it can hold above the 2.4 price zone for a few more 12H candles, SAGA may continue to go up to higher levels next week (3 - 4 USD).
#Write2Win $SAGA $BTC
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Discover the tap to ean game by #binance
What's so special that attracts more than 18M users in 2 weeks of launch?
What's so special that attracts more than 18M users in 2 weeks of launch?
LIVESOLOCU
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What is Moonbix? Instructions for participating in Binance's Mini App Telegram
Moonbix is a Click to Earn game in the form of a Mini App on Telegram developed by the Binance exchange. The game allows players to collect gold coins similar to the gold mining game, complete tasks and connect their accounts to Binance products to earn points to convert into airdrop tokens.
How to participate in hunting for Moonbix airdrop
Binance has announced the launch of a Mini App-based game on Telegram that allows users to participate in games, complete tasks and invite friends to earn points to receive airdrops.
Step 1. You access the link below to register for a game account:
https://t.me/Binance_Moonbix_bot/start?startApp=ref_7487950794&startapp=ref_7487950794&utm_medium=web_share_copy
Step 2: Go to the Mini App, you will check in to receive the first 100 points and have 6 initial game turns. You will choose "Play Game" to play the gold claw and each turn will be reset every 9 minutes. If you pick up a meteorite, points will be deducted.
Step 3: You go to the "Task" section to complete social interaction tasks and invite friends through the invitation code link in the "Friends" section to receive more points.
Step 4: You go to the "Binance" section to follow the instructions to download, register or go to the Binance application to link your account and receive 10,000 points.
Currently at the time of writing this article the number of participants in this game is more than 9M users.
Moonbix is a Click to Earn game in the form of a Mini App on Telegram developed by the Binance exchange. The game allows players to collect gold coins similar to the gold mining game, complete tasks and connect their accounts to Binance products to earn points to convert into airdrop tokens.
How to participate in hunting for Moonbix airdrop
Binance has announced the launch of a Mini App-based game on Telegram that allows users to participate in games, complete tasks and invite friends to earn points to receive airdrops.
Step 1. You access the link below to register for a game account:
https://t.me/Binance_Moonbix_bot/start?startApp=ref_7487950794&startapp=ref_7487950794&utm_medium=web_share_copy
Step 2: Go to the Mini App, you will check in to receive the first 100 points and have 6 initial game turns. You will choose "Play Game" to play the gold claw and each turn will be reset every 9 minutes. If you pick up a meteorite, points will be deducted.
Step 3: You go to the "Task" section to complete social interaction tasks and invite friends through the invitation code link in the "Friends" section to receive more points.
Step 4: You go to the "Binance" section to follow the instructions to download, register or go to the Binance application to link your account and receive 10,000 points.
Currently at the time of writing this article the number of participants in this game is more than 9M users.
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What shows us that October is always the biggest opportunity?
After a long period of stagnation, Bitcoin (BTC) finally regained momentum, the king coin rose to a monthly high of $64,060. Although BTC has broken through the important resistance level of $60,000, the crypto community still has high expectations for the asset.
This surge has fueled optimism in the Bitcoin and cryptocurrency markets in general, while also surprising many analysts given that September has historically been a bearish month for BTC over the past few years.
This surge has fueled optimism in the Bitcoin and cryptocurrency markets in general, while also surprising many analysts given that September has historically been a bearish month for BTC over the past few years.
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What does Bitcoin usually do during its September cycle every year?
The daily timeframe shows more volatility, such as July's 22% surge from $56,000 to $68,000 or the more recent rally from $55,000 to $64,000, when BTC surged 17.5% in just the past two weeks.
To do this the 200-day moving average at $63,900 needs to be broken and turned into support.
Many market participants believe that the rally to $73,700 in March marked the end of the bull run and that the Bitcoin halving event may not signal another bull run as the cycle dynamics have changed.
To do this the 200-day moving average at $63,900 needs to be broken and turned into support.
Many market participants believe that the rally to $73,700 in March marked the end of the bull run and that the Bitcoin halving event may not signal another bull run as the cycle dynamics have changed.
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📈Dogecoin to $12? Investor Says This Coin Below $0.10 Will Reach That Price Even Before DOGE Clears $1🦄
Why Dogecoin’s $12 Target Is Far-Fetched
Beyond its popularity and well-known supporters, Dogcoin’s path to $12 is full of challenges. Being a meme-based cryptocurrency, DOGE has sometimes been driven more by social media attention than by inherent technical worth or usefulness. Though its trading volume has stayed strong, there is no obvious market value estimate or use that might drive its price to historically extraordinary levels of $12. Dogecoin battled to top $0.75 even at the height of the 2021 crypto bull run, and it has subsequently settled in lower values. The price of the coin now is somewhat constant, much below past highs. Furthermore, lacking in DeFi and utility-based growth engines driving other cryptocurrencies is Dogecoin. Expecting Dogecoin to hit $12 seems more improbable without these fundamental elements.
Rexas Finance’s Potential to Hit $12 Before Dogecoin Reaches $1
The ambitious project plan and fast presale performance of Rexas Finance make it fit to reach important price benchmarks. Not unusual in the cryptocurrency space, Rexas Finance would have to rise 171-fold from its present $0.07 presale price to reach $12. Rexas Finance is positioned to maintain a steady increase with its utility-orientated approach and outstanding presale numbers. By contrast, dogecoin would have to rise more than six times to get to $1. Given its present price of $0.16 and a 24-hour trading volume devoid of any price movement, Dogecoin’s ascent to $1 looks difficult. With its usability and presale momentum, Rexas Finance is more likely to realize exponential growth that might propel it to double-digit values in the foreseeable future.
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