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Malik Israr Ahmad
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Cryptocurrencies are in Demand zones!
#BTC
#ETH
#DOGE
#SHIB
#DOT
and many more
NFA
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Malik Israr Ahmad
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🚀🚀 WHAT IS OTC FOR Crypto? 🚀🚀 OTC, or Over-The-Counter, refers to a type of trading that occurs outside of traditional cryptocurrency exchanges . 🔥Key aspects of OTC trading: 👉 Direct trading: OTC trading connects buyers and sellers directly, usually for large-volume transactions. 👉 No order books: OTC trades are not listed on public order books, reducing market impact and slippage. 👉 Dealer/broker markets: OTC trading occurs through dealer/broker markets, enabling direct interactions. 👉 Institutional and high-volume trades: OTC trading is often used by institutions, hedge funds, and high-net-worth individuals for large trades . 👉 Reduced slippage: OTC trading minimizes slippage, which can occur when large trades are executed on traditional exchanges. 👉 Confidentiality: OTC trades offer confidentiality, as they are not publicly disclosed on order books. 👉 Counterparty risk: OTC trading involves counterparty risk, as traders rely on the dealer/broker for the transaction. 🔥 Popular OTC platforms: 👉 Coinify: Offers user-friendly and secure trading, with a focus on compliance and customer support. 👉 CoinFlip: Provides a unique service allowing users to purchase cryptocurrencies with paper cash and offers same-day settlement. 👉 Binance OTC: Enables users to trade with advanced tools and leverage, with a focus on institutional-grade analysis and insights.
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#BTC Quick Update: #Bitcoin is still trading above main Trend line support approx $64K. This support should hold to remain in bullish zone for #BTC. Market is highly volatile now,Use only 5x Leverage. There multiple Supports zones below $64K. NFA
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$63329 is next support for #BTC. #BTC should definitely bounce from this area of interest otherwise deep trouble will ge started. NFA
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I have good news for Longers. Max Bidding behind the cameras. Take your right direction. NFA
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Short Squeeze is coming! Keep shorting! Shorters will be banged soon. #BTC NFA
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