$BTC Reached The Trendline Support On 2H Timeframe. Let's S | Duraid12 on Binance Square

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$BTC  Reached The Trendline Support On 2H Timeframe.
Let's See It Able To Hold This Area Or Not.
BTCUSDT
Perp
67,195.3
-0.54%
Crypto Planet Calls
$BTC (2H TIMEFRAME)
#BNBRisesTo600  #BTCSoarsTo68K  #USRetailSalesBoost  #BTCUptober  #Write2Earn!  

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

BTC

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-0.12%

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🌕 Full Moon Surprise! 🚨 A significant withdrawal of 1867 BTC, valued at approximately $125 million, has just been made from Coinbase in a single transaction! 💸 What Does This Mean? Bullish Sentiment? This could indicate that a major player is preparing for a bullish run. Cold Storage Shift? Alternatively, the funds might be moving to cold storage for security purposes. Speculation Alert! What do you think is behind this big move? Let the speculation begin! 👀 Current BTC Price: $67,447.37 (-0.27%) #BTC #MarketDownturn #BullRun #Coinbase #Write2Earn!

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🚨 Important Information for New Traders and Investors in Digital Currencies 🚨 As you begin your journey in cryptocurrency, it’s crucial to understand the differences between: 1️⃣ Circulating Supply Definition: This is the amount of a cryptocurrency that is currently available for trading. It represents the coins that you can buy and sell in the market. Importance: Circulating supply helps determine the market capitalization and value of the currency. 2️⃣ Total Supply Definition: This refers to the total amount of coins that currently exist, including those that are not in circulation. This can include burned coins or those locked in contracts or lost wallets. Implications: Total supply gives a fuller picture of the asset's availability but does not necessarily reflect its market activity. 3️⃣ Max Supply Definition: This is the maximum number of coins that can ever exist for a particular cryptocurrency. Once this cap is reached, no more coins can be created. Considerations: Some cryptocurrencies have no max supply, allowing for an infinite number to be minted in the future. This can affect inflation and scarcity. Notable Cryptocurrencies Without Max Supply: $ETH (Ethereum) $BNB (Binance Coin) $FIL (Filecoin) $NEAR (NEAR Protocol) Understanding these concepts is vital for making informed investment decisions. Save this post for future reference!#BNBRisesTo600 #USRetailSalesBoost #TeslaTransferBTC #BTCUptober #Write2Earn!

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The recent crash of the $REEF token serves as a stark reminder of the cryptocurrency market's volatility. Here’s a breakdown of the event: The Crash Price Drop: $REEF fell from $0.010 to $0.0020 within two days, marking an 80% decline. Impact: This drastic drop erased weeks of gains, leading to substantial losses for both retail investors and whales. Millions were liquidated in the process. Whale Watcher Case Study A trader with three wallets lost $2.53 million after dumping 866 million REEF tokens in a panic sell. Initial investment was $5.06 million (955.549 million REEF at an average price of $0.005), but selling at $0.002 resulted in a 71.8% loss in just 27 hours. Market Implications Volatility Risk: The rapid decline underscores the extreme fluctuations common in crypto markets. Liquidity Concerns: Large sell-offs can lead to cascading price drops. Whale Influence: Significant holders can heavily impact token prices, especially in lower-cap markets. Risk Management: The necessity of stop-losses and avoiding overexposure to a single asset is highlighted. Lessons for Traders Diversification: Spread investments to mitigate risk. Stop-Loss Orders: Use these to protect against sudden market movements. Be Cautious: Tokens with high concentration among few holders can be more volatile. Emotional Control: Avoid panic selling and make informed decisions. Preparation: Always be ready for rapid price changes in the crypto space. This $REEF token incident serves as a crucial reminder of the inherent risks in cryptocurrency trading. While opportunities for high returns exist, so do the potential for significant losses. Effective risk management and emotional control are vital for long-term success.#BNBRisesTo600 #BinanceLabsInvestsLombard #BTCUptober #TeslaTransferBTC #Write2Earn!

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The entry of major asset managers like BlackRock and Vanguard into the crypto market is generating significant excitement. These firms are known for managing substantial wealth, and their involvement could lead to the development of crypto products such as Bitcoin ETFs and investments in crypto companies. Historically, the introduction of Bitcoin ETFs has been associated with price increases for Bitcoin and a boost in the valuation of crypto firms. As these giants enter the space, many see it as a positive indicator for the overall growth of the crypto market. #BNBRisesTo600 #TeslaTransferBTC #BTCUptober #USRetailSalesBoost #Write2Earn!

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Dogecoin ($DOGE ) is generating buzz as experts predict a potential surge to $2.7 by December. Market analyst Master Kenobi has outlined a bullish path, suggesting that DOGE could hit $0.39 by October 28, which might set the stage for this ambitious target. Kenobi notes that DOGE’s current trend resembles previous cycles that led to significant rallies. However, caution is warranted; over 106,600 DOGE wallets have been lost since October 8, indicating declining holder interest. Investors should monitor price patterns and market sentiment closely as the situation evolves. The crypto market's volatility requires careful consideration, so stay informed and make prudent investment choices#BNBRisesTo600 #USRetailSalesBoost #TeslaTransferBTC #MemeCoinTrending #Write2Earn!

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