#2024WithBinance has become a focal point of the crypto community, especially for those users deeply involved with Binance. This hashtag encapsulates a year full of developments, launches and updates that the platform has introduced, positioning itself as a benchmark in the cryptocurrency industry. #Bitcoin❗️
#ETHOnTheRise reflects the optimism surrounding Ethereum and its growing popularity. However, it is important to remember that the cryptocurrency market is dynamic and subject to sudden changes. Investors should make informed decisions and consider all factors before investing. #BecomeCreator #Ethereum✅
Bitcoin closed November with the largest candle in history +26.210
#BitcoinPrediction 💸BTC Analysis #BitCoin Liquidations in the market over the last 24 hours, according to CoinGlass: approximately 104 thousand traders, with a total of ~$256 million — ~60% in long positions and ~40% in short positions. The price, after surpassing the 50-period moving average on the 4-hour chart, remains above this level, which could provide some support to buyers aiming for short-term growth towards the 100K zone. However, I expect, at a minimum, a subsequent sideways movement, meaning a pullback towards the lower boundary of the range, between 92-90K 📉.
$BTC Over the past week, a record combined volume of BTC sales by both long- and short-term holders has been recorded, but the price has yet to fall, indicating very strong demand for BTC, experts say citing data from CryptoQuant.
At the same time, BTC withdrawals from centralized exchanges continue to rise, according to data from Glassnode. #bitcoin #TopCoinsSeptember $BTC
#BSCOnTheRise reflects the growing interest and adoption of Binance Smart Chain as a platform for developing decentralized applications. Its combination of low fees, speed, and compatibility with Ethereum has made it an attractive option for developers and users. #TopCoinsSeptember $BTC
#BouncetBit is a cryptocurrency that has generated considerable interest in the market. Its name suggests a key feature: the ability to "bounce" or recover from drops in value. However, to fully understand BounceBit, it is crucial to analyze its underlying technology, its purpose, and its place in the cryptocurrency ecosystem. Therefore, it represents an innovative attempt to address the inherent volatility of cryptocurrencies. However, as with any investment, consider consulting your personalized financial advisor.
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❌ Liquidations in the market in the last 24 hours (according to CoinGlass): approximately 95 thousand traders liquidated, with a total close to $280 million, of which ~45% were long positions and ~55% short positions.
In addition to a full correction, the price of BTC could move in a sideways range between 100K and 90K, with possible false breakouts above or below these levels to collect liquidity and provoke manipulations. 🤔
This type of sideways movement for some time could also be considered a form of unloading or correction. And if BTC dominance decreases, the market as a whole could benefit. BTC sideways movement + decrease in its dominance = momentum for altcoins. 📈
✅ The volumes during the recent increase remain low, making it difficult to confirm a true breakout above 100K with a bullish continuation. This suggests more the formation of a double top or a prolonged sideways movement.