BTC UPDATE: SUPPORT AREA 84-85K RESISTANCE AREA 93.5K BREAK | Nomibhai349 on Binance Square

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BTC UPDATE: SUPPORT AREA 84-85K
RESISTANCE AREA 93.5K
BREAKOUT AREA ARROUND 95.3K
$BTC #MarketRebound #FTXrepayment #BTC #bitcoin #BTC☀ 

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Long position Alert 🚀 $BTC #BitcoinBounceBack #MarketRebound #BNBChainMeme #BinanceAlphaAlert #USTariffs **Key Factors to Monitor for Bitcoin Updates** (as of July 2024): 1. **Price Action**: - Check platforms like CoinMarketCap, CoinGecko, or exchanges (Binance, Coinbase) for real-time BTC/USD price. Volatility often hinges on macroeconomic news, regulations, or market sentiment. 2. **Regulatory Developments**: - **SEC/Global Regulations**: Updates on Bitcoin ETFs, CBDCs, or crypto legislation (e.g., U.S., EU MiCA, China). - **Tax Policies**: Changes in crypto tax reporting rules (e.g., IRS guidelines). 3. **Adoption Trends**: - **Institutional Moves**: Companies adding BTC to balance sheets (e.g., MicroStrategy, Tesla). - **Retail Adoption**: Payment integrations (e.g., PayPal, Lightning Network usage). 4. **Technical Developments**: - **Network Upgrades**: Taproot adoption, Lightning Network growth, or scalability improvements. - **Mining Trends**: Hash rate changes, energy debates, or miner capitulation. 5. **Macroeconomic Factors**: - **Inflation/Interest Rates**: Bitcoin’s reaction to Fed rate decisions or inflation data. - **Geopolitical Events**: BTC as a "safe haven" during crises (e.g., currency devaluations). 6. **Market Sentiment**: - **Fear & Greed Index**: Gauges investor behavior (extreme fear = potential buying opportunity). - **Social Media**: Trends on Reddit, Twitter, or influencer opinions (e.g., Cathie Wood, Michael Saylor). 7. **Security & Hacks**: - Exchange breaches, wallet vulnerabilities, or DeFi exploits impacting BTC indirectly. 1. **Current Price**: - **84,142.30 USDT** (+159.11 USDT, +0.19% increase). - **Timestamp**: 02:59:21 (likely the last update time). 2. **Bid/Ask Prices**: - **BUY (Bid)**: 84,142.31 USDT (highest price buyers are willing to pay). - **SELL (Ask)**: 84,142.30 USDT (lowest price sellers are asking). - *Note*: The bid being higher than the ask is unusual and may indicate a display error or a very tight spread. various levels.

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1. $BTC for long future trade. #tradersboostcamp #MarketRebound #BinanceAlphaAlert #MtGoxTransfers #USTariffs 2. **Futures Contract (BTCUSI):** - The higher prices (e.g., **83,010.95 SELL** and **83,010.96 BUY**) likely represent a **long-dated futures contract** (expiring in 2025). - Futures often trade at a premium to spot prices (contango) due to factors like interest rates or market sentiment. - The timeline below the chart (Nov, Dec, 2025, Feb, etc.) confirms this is a futures product with expiration dates extending into 2025. 3. **Order Book:** - **SELL** and **BUY** orders at ~83,010 USDT show the best available bids/asks for the futures contract. - The **0.01** likely denotes the order size (e.g., 0.01 BTC). 4. **Chart and Timeline:** - Price levels (110,000 to 83,010.95) reflect futures pricing, not spot BTC. - The date **Thu 03 Oct 24** (likely 2024) and the 2025 timeline suggest this is a long-term futures contract. Key Takeaway: The discrepancy between the **spot price (~60k)** and **futures price (~83k)** is due to the futures contract’s expiration date far in the future, trading at a significant premium. This is common in markets expecting price appreciation or higher holding costs over time

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HOW TO BECOME A PROFITABLE TRADER #TradersBootCamp #MarketPullback #BinanceAlphaAlert #CryptoMarketWatch #MtGoxTransfers Becoming a profitable trader requires a structured approach, discipline, and continuous learning. Here's a step-by-step guide based on the thought process outlined: 1. **Education & Research** - *Learn Basics*: Understand financial markets (stocks, forex, crypto), terminology, and instruments. Start with books like *"Trading for a Living"* by Alexander Elder or *"Market Wizards"* by Jack Schwager. - **Analysis Methods**: - *Technical Analysis*: Study charts, indicators (e.g., RSI, MACD), and patterns. - *Fundamental Analysis*: Analyze earnings, economic data, and news. - *Avoid Scams*: Steer clear of "guaranteed profit" schemes; rely on reputable resources. 2. **Choose Your Market & Style** - *Market Selection*: Start with stocks (more resources) or forex (liquidity). Avoid volatile markets like crypto initially. - *Swing Trading* (holds trades for days) is ideal for part-time traders. - Avoid day trading if you lack time or emotional control. 3. **Develop a Trading Plan** - *Strategy*: Define entry/exit rules (e.g., "Buy when RSI <30 and price bounces off support"). - *Risk Management*: - Risk 1-2% of capital per trade. - Set stop-losses using technical levels (e.g., below support) or volatility (ATR). - Aim for a risk-reward ratio ≥1:2. - *Time Commitment*: Dedicate 1-2 hours daily to market analysis and learning. 4. **Practice & Backtest** - *Demo Account*: Use platforms like TradingView or MetaTrader to test strategies risk-free. 5. **Master Psychology & Discipline** - *Journaling*: Log every trade (reason, outcome, emotions) to identify patterns. - *Emotional Control*: Avoid FOMO and panic selling. Stick to your plan. Follow your plan rigidly, even during losses. -*Risk Management*: Protect capital at all costs. By following this roadmap, you’ll build a foundation for long-term success in trading. Remember, consistency and adaptability are key! 📈✨

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HOW TO BECOME A PROFITABLE TRADER #TradersBootCamp Becoming a profitable trader requires a structured approach, discipline, and continuous learning. Here's a step-by-step guide based on the thought process outlined: 1. **Education & Research** - *Learn Basics*: Understand financial markets (stocks, forex, crypto), terminology, and instruments. Start with books like *"Trading for a Living"* by Alexander Elder or *"Market Wizards"* by Jack Schwager. - **Analysis Methods**: - *Technical Analysis*: Study charts, indicators (e.g., RSI, MACD), and patterns. - *Fundamental Analysis*: Analyze earnings, economic data, and news. - *Avoid Scams*: Steer clear of "guaranteed profit" schemes; rely on reputable resources. 2. **Choose Your Market & Style** - *Market Selection*: Start with stocks (more resources) or forex (liquidity). Avoid volatile markets like crypto initially. - *Swing Trading* (holds trades for days) is ideal for part-time traders. - Avoid day trading if you lack time or emotional control. 3. **Develop a Trading Plan** - *Strategy*: Define entry/exit rules (e.g., "Buy when RSI <30 and price bounces off support"). - *Risk Management*: - Risk 1-2% of capital per trade. - Set stop-losses using technical levels (e.g., below support) or volatility (ATR). - Aim for a risk-reward ratio ≥1:2. - *Time Commitment*: Dedicate 1-2 hours daily to market analysis and learning. 4. **Practice & Backtest** - *Demo Account*: Use platforms like TradingView or MetaTrader to test strategies risk-free. 5. **Master Psychology & Discipline** - *Journaling*: Log every trade (reason, outcome, emotions) to identify patterns. - *Emotional Control*: Avoid FOMO and panic selling. Stick to your plan. Follow your plan rigidly, even during losses. -*Risk Management*: Protect capital at all costs. By following this roadmap, you’ll build a foundation for long-term success in trading. Remember, consistency and adaptability are key! 📈✨

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#CryptoMarketWatch **Crypto Market Watch on Binance: Your Gateway to Real-Time Insights** Binance, one of the world’s leading cryptocurrency exchanges, offers a robust **Crypto Market Watch** feature designed to empower traders and investors with real-time data and actionable insights. This tool provides a comprehensive overview of the dynamic crypto market, tracking price movements, trading volumes, and market capitalizations across thousands of digital assets. Users can monitor top cryptocurrencies like Bitcoin (BTC), Ethereum (ETH), and altcoins, alongside emerging tokens, all in one streamlined interface. The **Market Watch** dashboard highlights critical metrics, including **24-hour price changes**, liquidity, and volatility, enabling users to spot trends, gauge market sentiment, and make informed decisions. Advanced charting tools—powered by TradingView—allow for technical analysis with customizable indicators (e.g., RSI, MACD) and timeframes. Binance also categorizes assets by sectors like DeFi, NFTs, or AI-driven projects, helping users identify niche opportunities. Additionally, Binance integrates **news updates** and **market alerts**, ensuring traders stay ahead of macroeconomic events, regulatory shifts, or project-specific developments. Whether you’re a day trader tracking minute-by-minute fluctuations or a long-term investor analyzing macro trends, Binance’s Crypto Market Watch combines speed, accuracy, and usability to navigate the fast-paced crypto landscape. With mobile app accessibility, users can monitor portfolios and execute trades anytime, anywhere, making it a vital tool in today’s digital economy.

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