BTC is gaining momentum again! After dipping to a recent low around $74,500, Bitcoin has bounced back and is currently trading above $87,000 — showing a strong +3.56% daily move. The Bollinger Bands are starting to open up, hinting at increased volatility, and the price is closing in on the upper band at $88,325. If this momentum holds, BTC could be eyeing a test of the $90,000+ range soon.
For Binance users, now is a smart time to strategize. Consider setting stop-limit orders to lock in profits while minimizing risk in case of a sudden pullback. If you're more experienced, you can explore leveraged trading using BTCUSDT pairs with tight risk management. Alternatively, use the "Auto-Invest" feature to gradually build your BTC holdings on dips.
Also, don’t forget to check Binance Earn — staking BTC or using Flexible Savings lets you earn passive income while holding. For short-term traders, keep an eye on volume spikes and Bollinger Band breakouts to time entries and exits.
Always do your research and avoid FOMO. Stay informed, plan your moves, and take full advantage of Binance’s tools during this bullish phase.
