#BTC☀ $BTC

955 Million FOR LONG VS 2.59 BILLION FOR SHORT 🔥🔥🔥🔥STAY TUNED
🔥 REQUOTE AND WAIT MY COMMENT ONLY 20 RANDOM WINNERS 🏆

• Why did $BTC fall to 49K?



• That price coincides with the event where there was talk of ETFs in Bitcoins, the January price that touched a maximum of 49k (approx.), and from there the price fell to 39k. After the correction it rose to historical highs at 73k.

• So this could be a possible explanation of why it stopped at 49k.

• A tip if you are going to invest is to learn what DCA is and how to use it.

• Please note that no analysis can predict what will happen, be very careful ⚠️ with influencers who guarantee a result.

• This brief analysis is aimed at participating in event #MarketDownturn proposed by @Binance Square Official .

🤝🐯🧡 Thanks for the support.

#BTC48k

Announcement of Content Challenge Winners Edition #TipsTradingFutures 😎

https://www.binance.com/en/square/post/10875937178297

Thank you for your enthusiasm in participating in this content challenge. Here we update the list of winners for the Top 3 and the List of Participants who are entitled to prizes.

- Top 3: Each winner will receive a reward of 50 USDT as the final prize.
- Eligible Winners: Each will share a total prize of 500 USDT as the final prize.

Only participants who meet the content requirements are entitled to a joint prize👉
- Minimum 600 words (or 1500 characters) in one post
- Use the hashtag #TipsTradingFutures
- Posts must be on theme

Prizes will be distributed a maximum of 14 working days after the announcement of the winners.

Congratulations to the winners 🎉🎉
Keep an eye on this channel for info on the next content challenge/quiz 😎

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We are excited to announce a special giveaway sponsored by 𝐎𝐟𝐟𝐢𝐜𝐢𝐚𝐥 𝐁𝐢𝐧𝐚𝐧𝐜𝐞 𝐒𝐪𝐮𝐚𝐫𝐞! 🎁

𝐏𝐞𝐫𝐬𝐨𝐧𝐚𝐥 𝐒𝐮𝐠𝐠𝐞𝐬𝐭𝐢𝐨𝐧:

Fibo retracement is a must check TA instrument after this kind of moves! I believe #BTC will set a local range high between 0.618 and 0.5 Fibo levels!

After range high establishes, #BTC is likely to go down to recent lows. Thus I wouldn't buy just yet, just let the range form to understand the lows and highs!

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𝐇𝐨𝐰 𝐭𝐨 𝐏𝐚𝐫𝐭𝐢𝐜𝐢𝐩𝐚𝐭𝐞:

1. Quote my Post about the current crypto market debate: Will BTC go up or down?

2. 𝐈𝐦𝐩𝐨𝐫𝐭𝐚𝐧𝐭: Make sure to quote the post on Binance Square, not just comment below.

3. Don’t CopyPaste others content. Will be disqualified if you do

Get involved, share your thoughts, and stand a chance to win! 💸

———— Giveaway Deadline: 𝟏𝟒 𝐀𝐮𝐠𝐮𝐬𝐭 ——————

ALL The Best🙌🏻

#MarketDownturn #Givaway #USDC✅
@Binance Square Official

Can the weekly closing price of Bitcoin this week remain above $52,500? If it can maintain this point or above, it is a weekly bottom divergence from a purely technical point of view, which means that there is at least an increase at the weekly chart level.
But what is more entangled is that there is no bottom divergence between the 1-day line and the 2-day line, which means that the daily and weekly lines have not seen resonance for the time being. If resonance is formed, then there is a high probability that 49,000 is the stage bottom. At present, a short-term pressure level of Bitcoin is around $62,000, which is a relatively large gap. The key point is the weekly closing price this week!
There is also a short-term pressure level of ETH at $2,800 to $3,000, but in the long run, it is only a matter of time for ETH to break through the new high of $4,500.

This article is sponsored by Binance Square with a 200USDC bonus! Activity topic rules👇:
Quote this article I am publishing now and express your thoughts on the current market and trend of the currency circle. Is Bitcoin $49,000 the lowest point this year? Is the bull market over? Be sure to cite this article and post a comment and quote with your logic and opinions!

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For more details, please refer to the Binance Square Community Management Guidelines.

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