đ Bitcoin at a Crossroads đ§$BTC Bitcoin (BTC) is at a key level. If it drops below $54,500, further decline is possible; a rise above $60,000 could signal a recovery.
đš Bitcoin must break $62K resistance to avoid a repeat of Black Monday! đ đ Kraken warns: BTC at a crucial point; must stay above $62K to prevent dropping back to $49K.
Dear members Bitcoin $BTC will next to collapse soon. It will shortly drop to $54,400 support. If it breaks $54,400 support it will reach to $51,000 and then 49,000$. It is incorrect to believe that it will reach $70,000. Think things over before you trade. Wait until the appropriate moment; don't make a mistake. When trading, use caution and common sense. #BTC #Bitcoin #Dump #Bearish
đ§BTC is actually bullish guys let's make some funds
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Askanda
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Bullish
đ§Bitcoin Day Trading Strategy for Binance Futures
To achieve consistent 5% daily profits with a 1:3 risk-to-reward ratio, you'll need a disciplined approach to trading, focusing on high-probability setups, and strict risk management.
This strategy is designed to be used during the London and New York trading sessions, which are the most liquid and volatile times for Bitcoin trading.
â Trading Sessions
London Session: 08:00 - 16:00 GMT New York Session: 13:00 - 21:00 GMT Strategy Components
â Technical Indicators:
Moving Averages (MA): Use a 50-period MA and a 200-period MA to identify trend direction. Relative Strength Index (RSI): Use a 14-period RSI to identify overbought and oversold conditions. Volume: Monitor volume to confirm breakout and breakdown signals.
â Setup:
Trend Identification: Trade in the direction of the trend.
If the 50-period MA is above the 200-period MA, look for long trades. If the 50-period MA is below the 200-period MA, look for short trades.
RSI Confirmation: Enter trades when the RSI is below 30 for longs (indicating oversold conditions) or above 70 for shorts (indicating overbought conditions).
â Entry:
Long Trade: Enter when price is above the 50-period MA, RSI is below 30, and there is a significant increase in volume.
Short Trade: Enter when price is below the 50-period MA, RSI is above 70, and there is a significant increase in volume.
â Risk Management:
Risk per Trade: Risk 1% of your trading capital per trade.
Stop Loss: Place stop loss below the recent swing low for long trades and above the recent swing high for short trades.
Take Profit: Set take profit at 3 times the amount risked.
â Execution Plan
Pre-Market Preparation:
Analyze the market trend using the 50-period and 200-period MAs. Set alerts for RSI levels and volume spikes.
â Trading Hours:
Monitor price action and volume during the London and New York sessions.
Execute trades based on the setup criteria and risk management rules. #SOFR_Spike #US_Job_Market_Slowdown $BNB $BTC
So you mean or meant Bitcoin is going to the đ moon
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Binance News
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US Senator Cynthia Lummis Teases Major Bitcoin Announcement
According to Odaily, U.S. Senator Cynthia Lummis hinted at a significant Bitcoin-related announcement this week. In a post on the X platform, she wrote, 'âżig things are in store this week,' using the Bitcoin symbol to replace the letter 'B.'
Who wouldn't want to make thousands of dollars a day looking at candles moving up and down? However, there are a few things that hold traders back, myself included.
â 1. Take money away from trading
Trading is a skill, and like everything, money is a side effect of the skill.
If you only treat trading as a way to make money, you slow down your growth. Focus on learning how the market moves, and when the movers trade. Master your strategy first, and then worry about money.
â 2. Become emotionless
The market is fuelled by greed, fear and wealth.
Those who are able to detach fear and greed from the equation are left with only wealth. The more scared you are, or the greedier you get, the more likely you are to be my liquidity.
Master the art of detachment and discipline by sticking to your trading plan religiously, regardless of market fluctuations. When you trade with a clear mind, you'll make smarter choices and see your profits soar.
â 3. Don't tell anyone you trade!
People you love will never understand you, and for a good reason. Imagine your child telling you how they are continuously losing money with nothing to show for it. They don't care if you improved by the day, until you have solid cash.
Don't tell anyone you trade, especially your loved ones, until you finally become profitable. The outside noise and opinions will affect you, increasing losses.
I'll be honest, I am a intermediate trader myself (have been trading for two years), and I want to form a community with other traders to help boost my skills.
I am in the works of creating a telegram group that I will release once I hit 400k followers on Instagram. If you're interested, comment "Profit" and leave a follow. #IntroToCopytrading #BinanceTournament #Megadrop $BNB $BTC