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đBinance Founder Changpeng 'CZ' Zhao Has Been Released from Prisonâïžâïžâïžâïž
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#BTCđ In the daily time frame, the movement of Bitcoin is in the descending channel. Bitcoin's 200-day moving average can be bullish if it supports the price, but if it is not supported, we will see a fall.
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$Bitcoin Update: SHORT TERM This uptrend is our last hope for a pullback to the upside. It should work perfectly from here, otherwise we will start looking for shorts, we are good to long now, a good entry. Stop loss is below the trend. đčđ#BTC
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đ„ Bitcoin to $100k before US elections ? $100k is our Q4 target, but it could be reached before the elections. The U.S. đșđž elections are just 40 days away (appx 6 weeks). Reaching $100k from here requires only a 54% increase, which translates to 1.35% daily for 40 days or 9% weekly gains. (Trump BTC Reserve Asset Narrative) There is a "Strong Possibility" of this happening, as we saw a 64% gain in early 2024 in just 40 days. (ETF Inflow Narrative) All we need successful bull flag breakout, Be Ready For $100k#BinanceLaunchpoolHMSTR #BTCâ #BTCReboundsAfterFOMC #NeiroOnBinance #CATIonBinance
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#BNB/USDT UPDATE: #BNB is now trading around 613$. #BNB is moving towards an important resistance on monthly time frame. So the Possible scenario is If the pump continues and the price breaks out the resistance zone and gives monthly close then we can see bullish momentum in $BNB and the price can get a significant pump in the coming bull rally. Stay tuned with us for further updates
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đ° CZ the king of Crypto Casino is getting out of jail this week, and #BNB is gearing up to smash through resistance. Eyes on a potential 3x-5x breakout from here.
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Binance Market Update (2024-10-05)
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