Although many crypto gurus predicts that Bitcoin could rise to between $42k and $52k if BlackRock ETF is approved, but it's hard to say for sure. Bitcoin's price can be influenced by various factors. It's always a good idea to stay updated on market trends and news to make informed predictions.Here are some factors that influences the price of BitcoinMarket demandInvestor sentimentRegulatory developments Macroeconomic factors Technological advancements Media coverageMarket demand refers to the l
Strategies for Successful Trading on Binance Futures
Introduction:Trading on Binance futures can be an exciting and potentially profitable endeavor. However, it's important to approach it with a well-thought-out plan and strategies to increase your chances of success. In this article, we will explore some key strategies that can help you navigate the world of trading on Binance futures.Here's a simplified summary of strategies for successful trading on Binance futuresLearn about technical analysis and market trends.Create a trading plan with clear
âŁïžOne among the significant clues on Future Trading proper risk management strategy is the appropriate take-profit and stop-loss orders (TP/SL).
âŁïžTrading with leverage exposes you to a huge amount of risk and therefore trading without a stop loss is one of the biggest mistakes that new traders make.
âŁïžPlease ensure that you have a proper risk management strategy in place, which should include setting appropriate take-profit and stop-loss orders.
âïžThese are guidance or recommendations offered with regard to prudent future action on your future trading.