edwinmunene
Open Trade
High-Frequency Trader
4.8 Years
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Binance Africa
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The first word you see is your word of the month.
‘Out of Touch’: Eric Trump Roundly Mocked for Comment About Drinking Wine and Trading $500 Million in Bitcoin
https://flip.it/bNCFEa
#MarketPullback
https://flip.it/bNCFEa
#MarketPullback
Bitcoin price failed to recover above $104,000. BTC is down over 4% and there are chances of more downsides below $98,000.
Bitcoin started a fresh decline below $102,000 and $100,000.The price is trading below $100,000 and the 100 hourly Simple moving average.There is a bearish trend line forming with resistance at $102,200 on the hourly chart of the BTC/USD pair (data feed from Kraken).The pair might continue to move down if it settles below the $98,500 zone.
Bitcoin Price Dips Sharply
Bitcoin price failed to stay in a positive zone above the $103,500 pivot level. BTC bears remained active below $102,500 and pushed the price lower.
The bears gained strength and were able to push the price below the $100,000 handle. A low was formed at $98,000 and the price is now consolidating losses near the 23.6% Fib retracement level of the recent decline from the $103,999 swing high to the $98,000 low.
Bitcoin is now trading below $100,000 and the 100 hourly Simple moving average. Besides, there is a bearish trend line forming with resistance at $102,200 on the hourly chart of the BTC/USD pair.
If the bulls attempt another recovery wave, the price could face resistance near the $100,500 level. The first key resistance is near the $101,000 level and the 50% Fib retracement level of the recent decline from the $103,999 swing high to the $98,000 low.
#BTC
Bitcoin started a fresh decline below $102,000 and $100,000.The price is trading below $100,000 and the 100 hourly Simple moving average.There is a bearish trend line forming with resistance at $102,200 on the hourly chart of the BTC/USD pair (data feed from Kraken).The pair might continue to move down if it settles below the $98,500 zone.
Bitcoin Price Dips Sharply
Bitcoin price failed to stay in a positive zone above the $103,500 pivot level. BTC bears remained active below $102,500 and pushed the price lower.
The bears gained strength and were able to push the price below the $100,000 handle. A low was formed at $98,000 and the price is now consolidating losses near the 23.6% Fib retracement level of the recent decline from the $103,999 swing high to the $98,000 low.
Bitcoin is now trading below $100,000 and the 100 hourly Simple moving average. Besides, there is a bearish trend line forming with resistance at $102,200 on the hourly chart of the BTC/USD pair.
If the bulls attempt another recovery wave, the price could face resistance near the $100,500 level. The first key resistance is near the $101,000 level and the 50% Fib retracement level of the recent decline from the $103,999 swing high to the $98,000 low.
#BTC
B
DEXEUSDT
Perp
Closed
PNL
+1,85USDT
Pi coin should be compared to the other shitcoins in the market not BTC, LTC is 100 times better
ElîîZ
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Satoshi Nakamoto has remained completely absent since 2010, never directly influencing Bitcoin's development.
Nicholas, a former Stanford doctor with deep expertise in blockchain and cryptography, may have been involved in Bitcoin's early days. If so, he could be experimenting with a new economic model to address Bitcoin's limitations through the creation of the Pi Network.
Bitcoin was originally designed as a perfect payment system, but in practice, it has become more of "digital gold." PiCoin could be seen as a next-generation model that builds upon Bitcoin’s foundation to improve real-world usability.
Why Bitcoin Must Survive
If Nicholas were Satoshi, he wouldn't want Bitcoin to fail. Instead, Bitcoin's existence highlights the necessity of an alternative like PiCoin. Since Bitcoin struggles as a payment method, its limitations emphasize the demand for a more practical solution. However, Bitcoin’s value must remain intact to support the overall growth of the cryptocurrency market.
Bitcoin as the Foundation of PiCoin
Bitcoin provides a crucial reference point for PiCoin. Without Bitcoin, Pi’s vision would be harder to justify. Pi can be seen as an evolution that "inherits Bitcoin’s philosophy while adapting to real-world use."
The Need for Anonymity
If Nicholas were revealed as Satoshi, PiCoin might be seen as Bitcoin’s direct successor, potentially limiting its ability to innovate independently. By keeping Satoshi’s identity hidden, Nicholas may be ensuring that PiNetwork grows freely while maintaining Bitcoin’s role in the crypto ecosystem. In this way, Bitcoin remains a foundation while PiCoin experiments with new possibilities.
Nicholas, a former Stanford doctor with deep expertise in blockchain and cryptography, may have been involved in Bitcoin's early days. If so, he could be experimenting with a new economic model to address Bitcoin's limitations through the creation of the Pi Network.
Bitcoin was originally designed as a perfect payment system, but in practice, it has become more of "digital gold." PiCoin could be seen as a next-generation model that builds upon Bitcoin’s foundation to improve real-world usability.
Why Bitcoin Must Survive
If Nicholas were Satoshi, he wouldn't want Bitcoin to fail. Instead, Bitcoin's existence highlights the necessity of an alternative like PiCoin. Since Bitcoin struggles as a payment method, its limitations emphasize the demand for a more practical solution. However, Bitcoin’s value must remain intact to support the overall growth of the cryptocurrency market.
Bitcoin as the Foundation of PiCoin
Bitcoin provides a crucial reference point for PiCoin. Without Bitcoin, Pi’s vision would be harder to justify. Pi can be seen as an evolution that "inherits Bitcoin’s philosophy while adapting to real-world use."
The Need for Anonymity
If Nicholas were revealed as Satoshi, PiCoin might be seen as Bitcoin’s direct successor, potentially limiting its ability to innovate independently. By keeping Satoshi’s identity hidden, Nicholas may be ensuring that PiNetwork grows freely while maintaining Bitcoin’s role in the crypto ecosystem. In this way, Bitcoin remains a foundation while PiCoin experiments with new possibilities.
You can try to leverage it with a 3x at it's lowest
Investment Advice Needed
I purchased $TRUMP at $60 on the spot market but missed the opportunity to sell when it reached $72. Since then, my investment has declined from $1,400 to $900.
Given the current situation, I am considering the following options:
1️⃣ Hold and wait for a potential recovery.
2️⃣ Sell now to minimize further losses.
3️⃣ Trade the fluctuations—selling at higher points and buying back at lower prices, even if below my original entry price.
I would appreciate expert insights on the best course of action.
$TRUMP
{spot}(TRUMPUSDT)
#FedHODL #VVVonBinance #DeepSeekImpact #USTaxExemptionPlan #USConsumerConfidence
I purchased $TRUMP at $60 on the spot market but missed the opportunity to sell when it reached $72. Since then, my investment has declined from $1,400 to $900.
Given the current situation, I am considering the following options:
1️⃣ Hold and wait for a potential recovery.
2️⃣ Sell now to minimize further losses.
3️⃣ Trade the fluctuations—selling at higher points and buying back at lower prices, even if below my original entry price.
I would appreciate expert insights on the best course of action.
$TRUMP
{spot}(TRUMPUSDT)
#FedHODL #VVVonBinance #DeepSeekImpact #USTaxExemptionPlan #USConsumerConfidence
104590
Binance Square Official
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Predict BTC Price & Win up to $300 USDC!
🚀 Bitcoin has rocketed past 109k, smashing ATHs! Where's it going next?
Drop your prediction for this week's $BTC closing price in the comments of this post 👇
🎁The top 3 closest predictions will win 300 USDC, 150 USDC, and 50 USDC. Jump in and share your prediction now!
*Campaign Period: 2025-01-20 07:30 to 2025-01-26 20:00 (UTC)
‼️Ensure you have updated your app to at least version 2.92. Also, make sure the "Also Repost" box is checked when replying to be eligible for entry.
Terms and Conditions:
This campaign may not be available in your region. Eligible users must be logged in to their verified Binance accounts whilst completing tasks during the campaign period eriod. Ensure the "Also Repost" box is checked when replying, or your comment won't count as a valid entry.To ensure fairness, entries closed at 2025-01-26 20:00 UTC. The campaign's outcome will be based on the BTCUSDT price at 2025-01-26 23:59:59 UTC.If users made multiple comments, only the first comment will be considered as an eligible entry. Deleted comments are not eligible for rewards.In case of same predictions by multiple users, the earliest comment will be prioritized.Winners will be announced in the comments section of this post within 14 working days after the campaign ends and notified via a push notification under Creator Center > Square Assistant. Rewards will be distributed in the form of token vouchers to eligible users within 14 working days after the Activity ends. Users will be able to log in and redeem their voucher rewards via Profile > Rewards Hub. Illegally bulk registered accounts or sub-accounts shall not be eligible to participate or receive any rewards. Binance reserves the right to disqualify any account acting against the Binance Square Community Guidelinesor Terms and Conditions.Binance reserves the right at any time in its sole and absolute discretion to determine and/or amend or vary these terms and conditions without prior notice, including but not limited to canceling, extending, terminating or suspending this activity, the eligibility terms and criteria, the selection and number of winners, and the timing of any act to be done, and all participants shall be bound by these amendments.Binance reserves the right of final interpretation of this activity.Where any discrepancy arises between the translated versions of this post and the original English version, the English version of this post shall prevail.Additional promotion terms and conditions can be accessed here.
Drop your prediction for this week's $BTC closing price in the comments of this post 👇
🎁The top 3 closest predictions will win 300 USDC, 150 USDC, and 50 USDC. Jump in and share your prediction now!
*Campaign Period: 2025-01-20 07:30 to 2025-01-26 20:00 (UTC)
‼️Ensure you have updated your app to at least version 2.92. Also, make sure the "Also Repost" box is checked when replying to be eligible for entry.
Terms and Conditions:
This campaign may not be available in your region. Eligible users must be logged in to their verified Binance accounts whilst completing tasks during the campaign period eriod. Ensure the "Also Repost" box is checked when replying, or your comment won't count as a valid entry.To ensure fairness, entries closed at 2025-01-26 20:00 UTC. The campaign's outcome will be based on the BTCUSDT price at 2025-01-26 23:59:59 UTC.If users made multiple comments, only the first comment will be considered as an eligible entry. Deleted comments are not eligible for rewards.In case of same predictions by multiple users, the earliest comment will be prioritized.Winners will be announced in the comments section of this post within 14 working days after the campaign ends and notified via a push notification under Creator Center > Square Assistant. Rewards will be distributed in the form of token vouchers to eligible users within 14 working days after the Activity ends. Users will be able to log in and redeem their voucher rewards via Profile > Rewards Hub. Illegally bulk registered accounts or sub-accounts shall not be eligible to participate or receive any rewards. Binance reserves the right to disqualify any account acting against the Binance Square Community Guidelinesor Terms and Conditions.Binance reserves the right at any time in its sole and absolute discretion to determine and/or amend or vary these terms and conditions without prior notice, including but not limited to canceling, extending, terminating or suspending this activity, the eligibility terms and criteria, the selection and number of winners, and the timing of any act to be done, and all participants shall be bound by these amendments.Binance reserves the right of final interpretation of this activity.Where any discrepancy arises between the translated versions of this post and the original English version, the English version of this post shall prevail.Additional promotion terms and conditions can be accessed here.
you don't need to blow the account
$USUAL friend hold or close tell me ?
Not a very good move #hippo
The Risky Reward: Is Futures Trading Right for Crypto Newbies?
#CryptoAMA
#CryptoAMA
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