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Bitcoin Wednesday Update‼️ Sorry to say this, but here’s what’s coming next 😶🌫️
As we predicted in our last update, I mentioned that Bitcoin could range between $57,800 and $61,000 for a while, and it followed through and hit $61,000 last night.
Now, there’s a possibility of a fake volume spike that pushes Bitcoin towards $62.5k, which could lead to some liquidation. After that, Bitcoin could correct to $63k, $60k, and $58k. If we hold the $58,500 support level, another rally to $65,000 could be possible.
⚡Keep in mind that there is still short liquidity to be exploited at $62,850.
👉 If we fail to hold the support at $58,300, we could see Bitcoin drop to $55,000.
That's all for today! Follow us and comment below with your thoughts on what Bitcoin will do next!
What is the next update you need??
Even if 10,000 people see this post, only 1% will follow and like it because they want to learn to earn. I hope you are one of them. I don't know why 99% don't follow educational content 😃.
#MarketDownturn #Binance #bitcoin #3k $BTC
As we predicted in our last update, I mentioned that Bitcoin could range between $57,800 and $61,000 for a while, and it followed through and hit $61,000 last night.
Now, there’s a possibility of a fake volume spike that pushes Bitcoin towards $62.5k, which could lead to some liquidation. After that, Bitcoin could correct to $63k, $60k, and $58k. If we hold the $58,500 support level, another rally to $65,000 could be possible.
⚡Keep in mind that there is still short liquidity to be exploited at $62,850.
👉 If we fail to hold the support at $58,300, we could see Bitcoin drop to $55,000.
That's all for today! Follow us and comment below with your thoughts on what Bitcoin will do next!
What is the next update you need??
Even if 10,000 people see this post, only 1% will follow and like it because they want to learn to earn. I hope you are one of them. I don't know why 99% don't follow educational content 😃.
#MarketDownturn #Binance #bitcoin #3k $BTC
Financing Rate | How to use it in speculative trading 👇
Financing Rate | How We Use It In Speculative Trading | Nobody Tells Us 🤫
Do you see the#RAREfunding rate today? There are two things to notice. The first is -1.6661% and the other is the countdown that says 1 hour and 56 minutes to go. So what does having a negative funding rate like this mean? It refers to the price difference between the SPOT price and the FUTURES price.
Do you see the#RAREfunding rate today? There are two things to notice. The first is -1.6661% and the other is the countdown that says 1 hour and 56 minutes to go. So what does having a negative funding rate like this mean? It refers to the price difference between the SPOT price and the FUTURES price.
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