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Antoine Botello UgJk
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BTC
/USDT — Long Position
Entry Price: 97,525.10
Take Profit (TP): 98,000.00
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Antoine Botello UgJk
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Binance Sees Largest Short Liquidation Since Bitcoin’s April Rebound As Bitcoin fell from $109,000 to $78,000, a surge in short positions—especially on Binance—added substantial selling pressure from the derivatives market. When BTC began to reverse its downtrend in early April, these short positions started to unwind, creating upward momentum as liquidations triggered buying pressure. The most notable liquidation event since the trend reversal occurred on May 8, when over $31 million in short positions were liquidated in a single day on Binance. Despite this, funding rates have stayed relatively low, hovering around 0.004, indicating that bearish sentiment remains prevalent and many traders are still cautious about going long. If long positions gain dominance, this could further fuel the bullish trend and potentially push Bitcoin beyond its previous all-time high.
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$BTC – Bitcoin (BTC) Bitcoin is the original and most widely recognized cryptocurrency, launched in 2009 by an anonymous creator or group known as Satoshi Nakamoto. It runs on a decentralized, peer-to-peer network powered by blockchain technology. Key Characteristics of Bitcoin Decentralized Control: Operates without oversight from any central authority like banks or governments. Capped Supply: Only 21 million bitcoins will ever exist, contributing to its scarcity—often likened to digital gold. Blockchain Ledger: All transactions are permanently recorded on a transparent and secure public ledger. Mining Process: New BTC is generated through mining, which requires solving complex cryptographic problems. Practical Uses: Acts as a digital store of value, supports global transactions, hedges against inflation, and is gaining popularity as an investment. Why Bitcoin Is Important Pioneer Status: As the first cryptocurrency, Bitcoin laid the groundwork for the entire crypto ecosystem. Global Recognition: Increasingly accepted by businesses, investors, and some national governments. Volatile Yet Lucrative: While it carries risk, Bitcoin’s price swings also present significant profit opportunities for traders and investors.
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What I Learned from Candlesticks Today — And Why They’re a Game-Changer Today, I discovered one of trading’s most powerful tools: candlestick charts! They’re not just red and green bars — they’re a visual language of market psychology. Here's what stood out to me as a beginner: Green Candle = Price closed higher → 🟢 Buyers were in control (bullish signal) Red Candle = Price closed lower → 🔴 Sellers dominated (bearish signal) Long Wicks = Market rejection → Could hint at a possible reversal Doji & Engulfing Patterns = Signs of indecision or momentum shifts Each candle tells a short story — a battle of fear vs. greed. I'm starting to build my trading approach one candle at a time, and the journey’s been incredible so far. Your turn: Which candlestick pattern is your favorite? Have any helped you catch a big move? Share below! #CryptoTrading #CandlestickPatterns #MarketPsychology #BeginnerTrader #TradingJourney
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Bitcoin Market Update: Bulls Double Down as Fed Maintains Rates AI Summary: Bitcoin stays strong above $96K as traders anticipate continued upward momentum following the Fed’s May 7 rate decision. Bullish Momentum Builds: $189M in Longs Opened Ahead of Fed Meeting Bitcoin (BTC) surged past $96,000 as traders ramped up margin long positions in anticipation of the Federal Reserve's interest rate announcement. On May 7, the Fed left rates unchanged at 4.25%–4.50%, a move widely expected by the market. However, the central bank’s warnings about rising inflation and potential unemployment suggest heightened market volatility ahead. Futures market data reveals that bullish traders began opening long positions around the $94,400 mark, forming a notable cluster of buy interest. This pattern closely resembles the surge in late April that drove BTC to a local peak of $97,500.
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Latest News
Bitcoin(BTC) Surpasses 104,000 USDT with a 1.65% Increase in 24 Hours
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BNB Surpasses 660 USDT with a 1.91% Increase in 24 Hours
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El Salvador Continues Bitcoin Accumulation Amid IMF Agreement
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BNB Drops Below 650 USDT with a Narrowed 2.31% Increase in 24 Hours
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U.S.-China Trade Talks Continue in Geneva
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