$BTC Bitcoin has decreased by -4% in just one candle – a | SON HA ALL IN on Binance Square

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$BTC Bitcoin has decreased by -4% in just one candle – a great start to this month (not really)…

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$BTC sell now

4H timeframe 📊

Looks like sell opportunities are forming here 👀

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$BTC 💰 Bitcoin is still in a bearish trend, and there has been no real change in direction so far. I still expect that we are inside Wave 4, which most often appears as a zigzag correction. This move has almost completed around the 50% Fibonacci retracement, which is a very reasonable area for a Wave 4. However, in my view, we are still missing at least two more lows before we can confidently say that Wave C is fully complete and that Wave up has begun. Until then, caution is necessary… and patience is the real edge. 📉💡

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#BinanceBlockchainWeek #BTCVSGOLD $PAXG Gold has been fluctuating significantly recently, with trading primarily confined within a range! Today's focus is on two major U.S. employment-related data releases: the November Challenger corporate layoffs figure will be announced at AM EST, with the previous reading at 153,074; At AM EST, initial jobless claims for the week ending November 29 will be released, with market expectations at 220,000 and the previous reading at 216,000. An increase in layoffs or higher-than-expected jobless claims would further signal labor market weakness, strengthen rate cut expectations, and thus support gold. Conversely, better-than-expected data could temporarily curb gold's upward momentum. Technical Analysis: XAUUSD broke below $4,200 again in Asian trading, hitting a low near $4,175! As European trading begins, focus on resistance at $4,200-$4,203. Maintain a predominantly short position for now. Strategy: Sell near $4,195. TP: $4,180-$4,175. SL:

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#BinanceBlockchainWeek #PAXGUSDT Giấu tên kín chưa 🤭🤣 $BTC “Countries that ripped us off, including allies... I won't name names. I won't name Japan. I won't name South Korea, I won't name names. But they ripped us off like never before.” -US President Trump

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#BinanceBlockchainWeek #BTCVSGOLD $PAXG On Thursday (December 4) during the Asian session, gold traded in a narrow range, currently hovering near $4,205. The international gold market showed stability on Wednesday, with spot gold prices holding above $4,200 per ounce for most of the session. Weak U.S. employment data briefly pushed prices to an intraday high of $4,241.40, but gains were erased in late trading, closing near $4,203—close to a flat finish. Meanwhile, silver prices hit a new all-time high on Wednesday, reaching $58.95 during the session. This continued to provide support for gold and reflected strong market expectations for Federal Reserve rate cuts, which pushed U.S. Treasury yields lower, weakened the dollar, and boosted stock markets. Amid an unexpected downturn in the U.S. labor market and increasingly clear signals of Fed easing, silver's sharp rally has ignited enthusiasm in the precious metals sector. As a traditional safe-haven asset, gold appears poised for further gains. Amid heightened global economic uncertainty, gold is demonstrating robust resilience and potential as a traditional safe-haven asset. Although prices have yet to reclaim October's historic peak above $4,365 per ounce, current levels approach its fair value. This reflects not merely market volatility but an inevitable outcome driven by broader economic conditions. With the Federal Reserve initiating a rate-cutting cycle and the US dollar weakening, gold will continue to solidify its support levels. Investors who stubbornly wait for a significant pullback may well miss out on a prime opportunity.

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#BinanceBlockchainWeek #BTCVSGOLD $PAXG Gold retraced near 4216, a brief pullback that's likely for a stronger upward move. As long as the price stays above 4190, the bullish trend remains valid. A drop below 4190 would turn the outlook bearish. That's my current thinking. Thank you for your support.

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