No | Ashfaq ghafari on Binance Square

Trending Articles

Bookmarked and Liked

--

No

Trend Coin

--

Bullish

Poll: Should crypto be taught in school?
📘 Yes — financial literacy!
📕 No — too risky
Vote now & tell us why! #CryptoEducation

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

0

0

Explore the latest crypto news

⚡️ Be a part of the latests discussions in crypto

💬 Interact with your favorite creators

👍 Enjoy content that interests you

Email / Phone number

Relevant Creator

@Square-Creator-94249b9e13920

Explore More From Creator

--

--

--

$BTC #BTCWhaleMovement $BTC BTC 107,926.82 -0.14% ### **Next Move: Short-Term Pullback (5-10% Dip), Followed by a Rally Toward $70K+** **Timeframe:** Next 2-4 weeks #Bitcoin❗ #### **Reasons:** 1. **Technical Resistance at Current Levels ($62K-$65K)** - Bitcoin has faced strong resistance near its all-time high (~$69K). A rejection here could lead to a short-term dip toward support levels ($58K-$60K). - RSI (Relative Strength Index) on daily charts is near overbought levels, suggesting a possible correction. 2. **ETF Inflows & Institutional Demand** - Spot Bitcoin ETFs (like BlackRock’s IBIT) continue to see inflows, but profit-taking by short-term traders could trigger a dip before another leg up. 3. **Macro Factors (Fed Rate Cuts & Liquidity)** - If the Fed signals rate cuts later in 2024, Bitcoin could rally as liquidity increases. However, if inflation stays sticky, short-term volatility may persist. 4. **On-Chain Data (Profit-Taking by Whales)** - Large holders (whales) have been distributing some BTC near $65K, which could lead to a temporary pullback before a new uptrend. 5. **Halving Supply Shock (Long-Term Bullish)** - The April 2024 halving reduces new BTC supply, historically leading to rallies 6-12 months later. A deeper correction now could set up a stronger Q4 2024 rally. ### **Trade Strategy:** - **If BTC drops to $58K-$60K:** Watch for bullish reversal patterns (e.g., higher lows, strong ETF inflows) as a potential buying opportunity. - **If BTC breaks $65K with volume:** A retest of $69K and beyond is likely, targeting $75K-$80K later in 2024. ### **Key Risk:** - A sharp drop below $56K could invalidate the bullish structure and signal a deeper correction.

--

#HODLTradingStrategy HODLing works best for **high-conviction assets** with strong fundamentals, requiring immense patience. It’s not a "get rich quick" scheme but a bet on technological disruption. As the crypto adage goes: *"Time in the market > timing the market. pls follow me I will follow you back kind request 😀🍭💗🤗🙂👍🍌

--

Latest News

Solana Leads in Active Addresses Among Top Blockchains

--

Trade Negotiations May Extend Beyond Deadline, Says White House Economic Advisor

--

Concerns Raised Over WLFI Token Transactions

--

Analyst Reports Major Losses in Recent Cryptocurrency Short Positions

--

U.S. Treasury Secretary Advises Elon Musk to Focus on Business

--

Trending Articles

$BTC pumped after clearing the lower side liquidity and now

DeCrypto TokenTalks

As of today, I can confidently say that even if we have 10 b

Farrah Depetris qTix

THE FINAL BOUNCE BEFORE THE BLOODBATH.

Learn this simplest method of trading cryptocurrencies, and

Square-Creator-14f57d253

XRP Insiders Dump $68M Daily—Smart Money Exit from the Dust

Cookie Preferences

Cookie Preferences