In technical analysis, Bitcoin currently has immediate suppo | Uptixs on Binance Square

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Mar 9, 2023

In technical analysis, Bitcoin currently has immediate support near the $21,550 level. A breakout of this level has the potential to trigger a bullish bounce-off.#bitcoin #Binance #buildtogether #koinmilyoner #crypto2023 

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SuperTrend Analysis: Should Dogecoin exceed $0.23, it may find itself in bullish territory Leading memecoin in the bitcoin market, Dogecoin (DOGE) is displaying indications of a possible bullish trend after a notable 16% price recovery. Analysts advise that Dogecoin has to exceed a critical resistance level if it is to confirm its upward momentum. Dogecoin Eyes New Bullish Trend Within Market Recovery Macroeconomic events and more general market patterns have shaped Dogecoin's recent price swings, especially the effects of President Donald Trump's tariff policy. Dogecoin fell drastically from an annual high of $0.4350 on January 18 to a low of $0.1430 on March 11. This drop is 67%. Still, the recent good performance suggests that a fresh bullish wave could be starting to develop. Should it effectively cross the resistance level at $0.21, Dogecoin may go into a bullish phase. Dongecoin The expert also found the main support floor for the Dogecoin price around $0.177, which will be extremely important in deciding whether the currency will maintain its recovery or whether it will have another downslip. Should Dogecoin fail to maintain this support level, it may return to the $0.14 price mark, where notable purchasing demand once helped sustain the price. Under this situation, the progress acquired over the last two weeks can be lost. Glassnode claims that given numerous wallets most likely obtained at cheaper costs, this concentration indicates that the $0.20 level may operate as a powerful resistance point in the short future. Positively for the token as well, despite the present unknowns regarding the price of Dogecoin, experts remain hopeful about the long-term future of memecoin. $DOGE #WhaleMovements #DOGE

2h

Only 15 hours left — don’t forget to cast your vote! Your opinion matters greatly for #Binance . #VoteToListOnBinance #VoteToDelistOnBinance

4h

GameStop Buys Bitcoin With $1B Convertible Senior Notes GameStop's stock (GME) fell more than 8% in after-hours trading on Wednesday after the company announced it would issue convertible senior notes to raise $1.3 billion to invest in Bitcoin (BTC). The day before, GameStop shares rose almost 12% after the firm announced that its board had unanimously adopted an investment policy update classifying Bitcoin as a treasury reserve asset. GameStop to Buy Bitcoin GameStop's Bitcoin investment follows its previous cryptocurrency explorations. About a month ago, reports circulated that the corporation was investigating digital currency bets. GameStop CEO Ryan Cohen posted a selfie with Strategy (MSTR) CEO Michael Saylor on February 8, stoking speculation. MSTR has over 447,000 BTC tokens. Saylor's heavy Bitcoin investment has paid off, with MicroStrategy's shares soaring 84% in the last year along with Bitcoin values. Wall Street experts doubt GameStop can match this accomplishment. Skepticism from Wall Street Experts “The company’s strategy, which has changed about six times in three years, is they’ll buy cryptocurrency and be like MicroStrategy,” said Wedbush analyst Michael Pachter. This technique seems ineffective, Pachter said, especially because Strategy trades at two times its Bitcoin holdings. Pachter said, “If GameStop were to buy all Bitcoin with their $4.6 billion in cash and trade at two times their Bitcoin holdings, the stock would drop five bucks.” GameStop published its fourth-quarter profits after the market closed on Tuesday, showing $1.28 billion in net revenue, down 28% from last year. The firm reported $36.1 million in adjusted EBITDA for the entire fiscal year, down from $64.7 million. #GameStopBitcoinReserve #TrumpTariffs #WhaleMovements #BinanceAlphaAlert #DogecoinReserve $BTC $ETH $XRP

5h

$ORCA Trade Plan 📈 ✅ Entry Zone: Buy within $2.65 – $2.80 for a low-risk setup. ⛔ Stop Loss: Set at $2.40 to limit downside risk. 🎯 Profit Targets: Target 1: $3.10📍 (Move stop to breakeven) Target 2: $3.50🎯 Target 3: $3.90🚀 📊 Risk/Reward Ratio: Aim for 3:1 ⚖️ to maximize gains. 🔄 Strategy: Adjust stop-loss to breakeven after hitting the first target. Trade wisely! 🚀💰

6h

CZ Doesn’t Do Small Talk: Say What You Mean Hi, Communication Tips by CZ If you said “Hi”, then nothing, or any of these similar variations, “Can I have a meeting with you?”, no agenda was given “I want to meet with you to explore partnerships”, no specifics “Let’s do an intro meeting” You probably won’t get a response from me. You may be referred to this article. I want to be super-efficient with my time, even if it may be impolite. So, please be as direct and concise as possible and tell me: I am ___ (one sentence, not paragraph) What do you want me to do? What do you provide? In less than one paragraph if possible. If your first message is too long, it may be skipped. A few other tips: Don’t pitch me projects. Pitch to: labs@binance.com. Don’t talk to me about listings, Launchpad, Launchpool, please apply online. For events, media interviews, please contact our PR team: pr@binance.com. Buy/sell large amounts of crypto, please contact liquidity@binance.com. For more information, contact the OTC desk. For most things in Binance, it’s slower to go through me. I don’t do much. Hope you are not offended. Let’s communicate efficiently. Cheers, CZ This article is part of the CZ FAQ series. @CZ

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