#BTC100KTrumpEffect Currently, many fren are doubtful whether they can still see 80,000. Trump will take office on January 20th, which is about 14 days away from now, or about 2 weeks. Will there be a DepthWhipsaw in these 2 weeks! Will Trump's inauguration definitely lead to a big pump? There is currently no confirmed data to indicate that there will be a big pump at the time of inauguration. If Trump does not provide any information about Virtual Money during his speech on the day of his inauguration, 💎 💎 Recently, Bitcoin has experienced a rapid rise followed by a pullback, and is currently in a state of high-level fluctuation. Although the bullish trend in the market has not changed, there may continue to be oscillation within the high-level range in the short term. In terms of technical indicators, the daily chart of Bitcoin shows that the price has formed a small high point near 99963, but has failed to break through the $100,000 mark. This indicates that there is a certain selling pressure near this price level. The market's coin price movement in the next 2-3 days is crucial, coupled with the support of the data. Whether it is expected to reach a new high or just a routine rebound depends on the focus of the next two to three days. 💎 💎 Next, the Shanzhai coin will still take the concept of Trump or the derivative concept of Trump as the direction of short-term speculation. Trump concept coins continue to soar, among which TREMP, MAGA, and FIGHT have obvious trends. The current market can be described as ever-changing, and it is necessary to seize the opportunity in it! The opportunity in the bull market is fleeting. Only by maintaining a keen sense of smell and a calm judgment, and planning the strategy of advance and retreat in advance, can we firmly grasp the victory in this unpredictable market. Please remember - opportunities are always left to those who are prepared, dare to take action and are good at locking in profits, then you can become the winner in this round of bull market!
The first 4,000 eligible users who confirm their participation and trade at least $100 equivalent on eligible spot trading pairs will qualify to each receive 5 FDUSD in token vouchers.
Bitcoin's Stall At $52K May Foreshadow Imminent Pullback Before Higher Price : Swissblock
Bitcoin's stalling momentum at the $52,000 resistance could signal an "imminent pullback" as 33% rise in a few weeks is "unsustainable", Swissblock said.
The uptrend could still continue, with 10x Research setting a $57,500 price target for the next leg higher.
Bitcoin {{BTC}} rose above $52,000 this week for the first time in 26 months, but its stalling momentum may foreshadow an "imminent" pullback before higher prices, Swissblock analysts said in a Friday market update.
The largest crypto by market cap rallied 10% in a week, outperforming the broad-market CoinDesk20 Index's (CD20) 8% advance, extending its relentless rise from $38,500 in late January. The surge was coupled with accelerating inflows into U.S. spot bitcoin exchange-traded funds (ETF), with BlackRock's IBIT raking in over 28,000 bitcoin this week.
However, the $52,000 area is a significant resistance level on long-term charts that capped prices in September and December in 2021, Swissblock noted, and now also posed a meaningful barrier for the rally to continue now.
"A pullback seems imminent and necessary given the recent rapid ascent of approximately 33% over the past few weeks, suggesting an unsustainable rally," Swissblock analysts wrote.
Beyond a short-term dip, the market looks poised for higher prices, the report added, and any forthcoming correction could be a buying opportunity as long as BTC holds its support at near $47,500. "At this point, any pullback should be thought of as a potential buying opportunity," the report said.
Institutional crypto exchange FalconX also noted "exceptional" trading volumes that support the early 2024 uptrend, last seen during the 2023 March regional banking crisis.
"Price increases followed by lower volumes have historically been a reliable indicator of false breakouts in crypto," FalconX analysts wrote Friday. "The good news at this point is that liquidity conditions surrounding the January rally remain generally robust."
Leading up to the approval of spot #ETFs in January, speculation surged, leading Long-Term Holders (#LTH) to either cash out for profit or reallocate their holdings into new #ETF products. This resulted in a significant decrease in LTH supply balance by approximately 299.5K #BTC since November, from a peak of 14.996M BTC. Notably, analysis of #GBTC flows, with around 661k BTC inflow and 151.5K #BTC outflows in 2021, suggests that remaining #LTH supply, totaling 148K #BTC, is being spent by investors. This trend aligns with previous research indicating LTHs begin distributing their holdings as the market approaches all-time high prices.
OMG/USDTLONG SPOT FUTURE BOTHENTRY MARKET PRICE ❤️😛LEVERAGE 10X CROSSTP0.67750.68000.68250.68500.68750.6900USE LOWER MARJIN AND DO DCASL : According to the wallet
Amid this year’s rally, Bitcoin has resumed one of its old habits: it’s back to posting big moves on weekends, a phenomenon that’s become an intriguing characteristic of the cryptocurrency market.
Take last Sunday, when it gained 3.4%, a similar amount to what it notched the Saturday on the weekend prior. And the Saturday before that, the coin advanced 5.5%.
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Binance plans to distribute 7% of the total PIXEL token supply to users on Launchpool. This translates to 350 million PIXEL tokens out of a total supply of 7 billion tokens.
80% of these rewards will be distributed to BNB stakers, while the FDUSD pool will receive 20% of the rewards. However, this doesn’t necessarily mean that you will earn more PIXEL if you stake BNB rather than FDUSD. It all depends on how big the size of your stake is relative to the size of the staking pool you've selected.
#BinanceSqaure #BinanceAfrica #BinanceAdventure #BinanceDeFi Good morning binance Africa, I have been bless by a beautiful girl called Adanma , tho we are not married yet, she is my gold 🏆 that I have right now, she's cool, respectful kind ,caring and knows how to calm me down when am angry 🤭, we have being dating for 8 months now, 👇
In a groundbreaking move, Binance Futures, the world’s leading cryptocurrency derivatives exchange, has announced the much-anticipated return of the Binance Futures Grand Trading Tournament, boasting an unprecedented prize pool of up to $2 million USDT. This marks the highest reward amount in the history of the tournament.
The tournament is set to take place over four weeks, commencing on November 27, 2023, and concluding on December 24, 2023. After the recent introduction of Binance Copy Trading, this year’s edition introduces the Copy Trading Competition as well as the Trading Bots Competition – alongside the traditional Team Competition. This diversity aims to cater to a broader audience and showcase the multifaceted nature of crypto trading.
Celebrating Innovation and Boundless Possibilities
The Binance Futures Grand Tournaments are crafted as team-based events, fostering a spirit of amicable competition and collaboration within the community. The size of the dynamic prize pool hinges on the number of participants, making it imperative for increased community involvement. Binance urges more individuals to join, contributing to its goal of reaching the maximum total prize pool of $2 million in USDT. Interested individuals can register for the tournament by visiting the official website.
Binance Futures enables experienced users to trade cryptocurrency futures contracts with leverage of up to 125x. With its cutting-edge NASDAQ-level matching engine, Binance Futures ensures efficient order processing with minimal latency, averaging 5 milliseconds at 100,000 orders
Disclaimer: Trading may involve risk and participants should carefully consider their trading approach based on their risk tolerance and expertise. Before trading, you should make an independent assessment of the appropriateness of the transaction in light of your own objectives and circumstances, including the risks and potential benefits.
The world’s leading blockchain ecosystem and cryptocurrency infrastructure provider, Binance, today announced that its product Binance Feed has been rebranded to Binance Square. The decision to rebrand follows the platform’s evolution from a simple content aggregator to a vibrant social platform, with user-generated content being a key addition.
With the recently added user-generated content feature in place, registered Binance users across most markets are now able to create their own content and actively participate in community discussions on the platform.
On top of that, Binance Square has also recently introduced unique monetization features that both users and creators can enjoy. There is a tipping option to reward creators for their content contributions, incentives for users through crypto boxes, as well as an affiliate commission program. More monetization features and product enhancements are planned for release within the near future, as Binance Square commits itself to building a robust social platform that is geared for the future.