Technical analysis reveals that Bitcoin is forming an ascend | yousufkhann on Binance Square

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Technical analysis reveals that Bitcoin is forming an ascending triangle pattern, a bullish indicator suggesting a potential breakout above the current resistance level of $96,000. #Binance  #BinanceEarn 
 #BNB . #CryptoTrading 

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649.88

+0.58%

12

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$BTC Steady Momentum: Bitcoin remains above US $105K as traders await key US inflation and interest rate data . Corporate Accumulation: French blockchain firm The Blockchain Group plans a €300M share issuance to boost BTC holdings; Japanese firm Metaplanet seeks to buy 210,000 ₿ by 2027 . Technicals & Outlook: BTC erased last week’s losses and now tests resistance near US $106.8K; analysts warn of short-term correction risk before possible rally to US $140K .

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#CryptoFees101 Use Layer 2 networks (Arbitrum, Polygon) for cheaper gas Batch transactions when possible Avoid peak hours to save on network congestion fees Choose fee-efficient exchanges or DEXs with fee rebates Use native tokens (e.g., BNB on Binance) for fee discounts

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#CryptoSecurity101 Use a Hardware Wallet Keeps your private keys offline (e.g., Ledger, Trezor). 2. Enable 2FA (Two-Factor Authentication) Add an extra layer beyond your password (use Google Authenticator, not SMS). 3. Never Share Seed Phrases Not with friends, not with websites, not even with "support agents."

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#TradingPairs101 The first asset (BTC) is what you're buying or selling. The second asset (USDT) is what you’re using to pay or receive. > If BTC/USDT = 67,000, that means 1 BTC costs 67,000 USDT.

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#Liquidity101 Market Liquidity How easy it is to buy or sell assets (like stocks or crypto) in the market. Example: Apple stock is highly liquid; you can sell it instantly. 2. Accounting Liquidity A company’s ability to meet short-term obligations using its current assets. Measured by ratios like Current Ratio and Quick Ratio.

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