$USDC
š #USDC Insights & USDC/BTC Trade Idea! š
š” USDC is a 1:1 stablecoin with USD, with monthly audited reserves, and high liquidity on Binance.
š USDC/BTC is forming a bullish harami pattern on the 4-hour timeframe, with:
Support: 0.00001050 BTC
Resistance: 0.00001120 BTC
š Technical Indicators
MA50 > MA200 (golden cross) on the daily chart
RSI (14) ~45: upward space is open
MACD is approaching a bullish crossover
š Market Logic
Demand for safe-haven USDC is rising as US macro sentiment remains uncertain
Arbitrage stablecoin correction BTC vs. USDC
šÆ Entry Strategy
Buy at 0.00001050ā0.00001070 BTC
Target: 0.00001100 BTC
Stop-loss: < 0.00001040 BTC
⨠Always monitor official Binance announcements and manage risks! āØ
In my opinion Bull, what do you think?