You're planning to buy more $MUBARAK tokens if the price dip | Faris Iqbal on Binance Square

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#bitcoin $BTC North Carolina's Bitcoin Reserve Bill, HB 92, has indeed gained momentum, passing the Committee on Rules, Calendar, and Operations of the House. This bill proposes allocating up to 10% of the state's funds to Bitcoin, potentially investing around $950 million based on the state's general fund. The aim is to diversify the state's assets, hedge against inflation, and position North Carolina as a leader in technological adoption and innovation ¹ ². *Key Provisions of the Bill:* - *Investment Limit*: Up to 10% of the state's public funds can be invested in Bitcoin. - *Management*: The state treasurer would manage the Bitcoin reserve, with strict guidelines for secure storage and regular audits. - *Usage Restrictions*: Any liquidation of Bitcoin would require a two-thirds approval from both chambers of the General Assembly. - *Bitcoin Economic Advisory Board*: Comprised of industry experts, this board would provide guidance on the reserve's management ². *Similar Bills and National Trend:* - Over 20 US states are exploring similar legislation, with Utah's Strategic Bitcoin Reserve bill being the furthest ahead. - Other states, such as Florida, Montana, Maryland, Iowa, and Kentucky, have also introduced Bitcoin-related bills ¹. *Potential Implications:* - *Financial Innovation*: Investing in Bitcoin could generate positive yields and position North Carolina as a leader in financial innovation. - *Risk Concerns*: Opponents worry about the financial risks tied to Bitcoin market fluctuations, despite the bill's safeguards ¹.

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$INIT The analysis suggests a bullish outlook for $INIT: - *Price Movement*: Huge bounce with a 21.67% 24-hour change. - *Current Price*: $0.7865 - *Support Zone*: $0.6730-$0.6750 - *Trend*: Breakout momentum strong, with possible continuation. - *Trading Plan*: - *Entry Zone*: $0.6750-$0.6850 - *Targets*: - TP1: $0.7500 - TP2: $0.8000 - *Stop Loss*: $0.6700 This setup implies potential upside, with clear entry, target, and stop-loss levels. Traders can use this information to make informed decisions, considering the strong breakout momentum.

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$LTC The analysis provides a trade setup for $LTC/USDT: - *Current Price*: $85.61 - *Recent Movement*: Rejected at $87.05, with a current pullback. - *Bearish Pressure*: 15M chart shows lower highs, with struggle to reclaim $86 territory. - *Trade Setup*: - *Entry Zone*: $85.40-$85.80 - *Targets*: - $86.50 - $87.30 - $88.60 - *Stop Loss*: $84.90 This setup suggests potential upside, with clear entry, target, and stop-loss levels. Traders can use this information to make informed decisions, considering the current pullback and bearish pressure.

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$BIGTIME The analysis suggests a bullish outlook for $BIGTIME: - *Breakout*: Successfully broke out of a well-defined resistance zone. - *Retest*: Currently retesting the breakout area on the 30-minute timeframe. - *Bullish Indication*: Holding strong above key horizontal structure, indicating potential bullish continuation. - *Trade Setup*: - *Entry*: 0.08220-0.08260 - *Take Profit*: 0.08620 - *Stop Loss*: 0.08105 This setup implies potential upside, with clear entry, target, and stop-loss levels. Traders can use this information to make informed decisions.

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$ALGO The analysis suggests a bullish outlook for $ALGO: - *Bullish Signs*: Showing signs of bullishness, with solid volume and green candles on the daily timeframe. - *Trade Setup*: - *Entry*: $0.2240-$0.2420 - *Take Profit Targets*: - $0.2650 - $0.2870 - $0.3150 - *Stop Loss*: $0.2080 This setup implies potential upside, with clear entry, target, and stop-loss levels. Traders can use this information to make informed decisions.

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