Yesterday analysis (Day 1) 59k TOUCH SOON $BTC #BTC | SHOWAIB99 on Binance Square

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Bearish

Yesterday analysis    (Day 1)
59k TOUCH SOON
$BTC  #BTC  

Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.

BTC

68,304

+0.57%

837

0

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📢 Binance Launches New Task Center: Earn Points Daily! 🎉 Fellow Binancians! Binance has introduced a new Task Center on the Binance App, where you can earn points by completing simple tasks each day. Head to the Creator Center in the app and click on the Check In icon to get started. 🗓️ Activity Period: From October 14, 2024, 10:00 (UTC) to November 14, 2024, 10:00 (UTC). 🔹 Promotion A: Complete Daily Tasks to Earn Points During the Activity Period, all eligible users can complete daily tasks and earn points. Points are awarded on a first-come, first-served basis. Task 1: Check-in daily to earn points.🔄 Miss a day? Your streak will reset back to day 1.🎉 Earn an extra 3 points on the 7th consecutive day! 🔹 Promotion B: New Square Users Bonus New Square users who’ve never completed tasks before the Activity Period can participate in bonus tasks and earn even more points. Each bonus task can be completed only once. 📝 Terms & Conditions: You must be logged in to your verified Binance account while completing tasks.Points can be redeemed in Profile > Rewards Hub and expire after one year.Illegally bulk-registered or sub-accounts are not eligible for rewards.Binance may amend or terminate the activity at any time, and accounts violating Community Guidelines may be disqualified. Take advantage of this opportunity, complete daily tasks, and start earning rewards today! Main post : Binance square official

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🪙 Altcoin Market Update: BTC Dominance on the Rise, What’s Next? 🚀 Bitcoin is Pumping, But Altcoins Lag Behind – Bitcoin ($BTC ) has been on a bullish run, but altcoins haven’t followed as strongly. The main reason is the growing BTC dominance, which currently sits at 59% and is steadily rising. When Bitcoin's dominance increases, it often means capital is flowing primarily into Bitcoin, leaving altcoins behind. 📉 Why Aren’t Altcoins Pumping with Bitcoin? – As BTC dominance grows, altcoins tend to underperform because the majority of market capital moves into Bitcoin. This is a common pattern in bull markets where investors view Bitcoin as the safer bet before moving profits into riskier altcoins. ⏳ When Will Altcoins Pump? – Altcoins will likely see strong gains once BTC dominance stabilizes. For this to happen, Bitcoin either needs to stop pumping or hold steady without significant drops. Once Bitcoin stabilizes, liquidity usually flows into altcoins, leading to the next altseason. 🇺🇸 Impact of the US Election on Crypto – A major factor that could influence the entire crypto market, including altcoins, is the upcoming US presidential election. If Donald Trump wins, many believe we could see a massive crypto bull run, as his policies might favor market growth. On the other hand, if Kamala Harris wins, there could be more regulatory pressure, and the market might see a decline. ⚠️ Next 20 Days: Caution for Futures Trading – With the US election approaching, the markets are likely to remain unstable. It’s wise to be cautious with futures trading over the next 20 days, as market volatility could spike, making it risky to predict short-term price movements. 🌐 Conclusion: Altcoins’ Time Will Come – While Bitcoin is dominating the current market, altcoins will eventually have their moment, likely once Bitcoin dominance plateaus. Keep an eye on BTC’s stability, and the broader US political landscape, as these factors will determine the next moves in the crypto space. #Altcoins #Bitcoin #cryptoupdate2024

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🚀 $BTC Bitcoin 71,000 Update: Key Levels and Market Outlook 🌟 Welcome back, traders! Bitcoin ($BTC) recently hit $69,000, with a slight retracement bringing it down to $68,200. With the market buzzing, let’s dive into the critical support and resistance levels, as well as what to expect in the coming days. 🔑 Key Levels to Watch Immediate Support: $67,700 The current support level sits at $67,700. As long as Bitcoin stays above this level, the trend remains positive. However, if it breaks below this, we could see more downward pressure. Resistance Level: $69,000 Bitcoin faced strong resistance at $69,000, but if it breaks through, expect a solid upward push. 🎯 Next Targets Short-Term Target: $69,700 If Bitcoin breaks the $69,000 resistance, we’re looking at a target of $69,700 in the short term. Mid-Term Target: $71,000 In the next 10 days, Bitcoin could reach $71,000, provided the bullish momentum continues and no negative market factors arise. 📈 Market Sentiment The market remains bullish, driven by strong institutional interest and overall positive sentiment. While there may be minor corrections, Bitcoin is still on an upward trajectory. ⚠️ Disclaimer: This is not financial advice—always do your own research before making any trades. #Bitcoin #BTC #CryptoMarket #PriceAnalysis #SupportAndResistanc $ETH

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🚨 DUMP Update 🚨 Currently, the price of DOGS 0.006540. It seems that this meme coin is headed for a significant downturn. Market Analysis: Next Target: The price could soon dip to 0.004 and potentially even reach 0.0001. Market Cap Concerns: The market cap of DOGS dropped dramatically, from $600k to $300k, a 50% decrease. This decline is directly affecting the price. Why DOGS Not Pump: Lack of Strong Fundamentals: #DOGS a robust background or use case that typically drives demand for cryptocurrencies. As a meme coin, it is not built for long-term sustainability. Market Sentiment: The overall sentiment surrounding DOGS DOGS gative, with many holders choosing to sell rather than hold. Recommendation: 🚫 Do Not Hold $DOGS! It's advisable to sell your holdings as this coin is likely to continue its downward trend. Disclaimer: This update is not financial advice. Always do your own research and assess your risk before making any investment decisions. #DOGS #TON #HMS $TON

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#Bitcoin Update: Current Market Overview As of now, Bitcoin ($BTC) is trading at approximately $60,900. The market has shown considerable volatility recently, especially following significant geopolitical events. Let’s dive into the current situation. 🔍 Key Levels to Watch: Support Level: $56,000 This is a critical level where buying pressure has previously emerged. If Bitcoin dips below this mark, we could see further declines. Resistance Level: $62,000 This level has been tested multiple times, acting as a barrier for upward movement. If Bitcoin can break and hold above this, it may signal a potential reversal. 📉 Recent Price Movements: Bitcoin has seen a notable drop from around $64,000 to its current price, indicating a bearish sentiment in the market. Analysts suggest this downward trend could continue if certain market dynamics remain unchanged. 🔮 Next Targets: If the bearish trend persists: First Target: $57,000Next Targets: $55,000 and potentially $50,000 if selling pressure continues to mount. 💡 Market Sentiment: The geopolitical situation, particularly the recent tensions in the Middle East, has created uncertainty, contributing to market volatility. Traders are advised to stay cautious and keep abreast of developments that may impact Bitcoin and the broader cryptocurrency market. ⚠️ Final Thoughts: The current conditions call for a careful approach. Monitor these key levels and be prepared to adjust your strategy as necessary. Always conduct your own research and consider the risks before making any trading decisions. 📝 Disclaimer: This analysis is based on personal observations and is not financial advice. Please do your own research and invest wisely! $BTC $Bitcoin #BTC #CryptoAnalysis #MarketUpdate #Binance

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