$BTC I see an opportunity, but I did not enter the market. I | emoz4444 on Binance Square

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Bullish

$BTC I see an opportunity, but I did not enter the market. I express my opinion, open long at 104550-104600, take half profit at 105300-5500, take all profit at the second position 107100.

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#ScalpingStrategy Scalping is a short-term trading strategy focused on making small profits from minor price movements. Traders enter and exit positions quickly, often within seconds or minutes, aiming to accumulate many small gains throughout the day. This approach requires high market liquidity, tight spreads, and precise execution. Scalpers typically use technical analysis, charts, and indicators like moving averages or RSI. The strategy works best in volatile markets and demands discipline, fast decision-making, and risk management to avoid significant losses. Scalping is commonly used in forex, stocks, and crypto markets, where price fluctuations can be exploited for frequent, small-profit trades.

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$BTC On the 1-day chart, BTC is showing signs of a potential downside move in the short term. After testing the recent high, price action suggests a possible retracement toward its strong support zone. 🔍 Once it touches this key support, we anticipate a bullish pullback, which could offer a favorable entry for mid-term traders.

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A trading operation involves the buying and selling of financial instruments, goods, or services with the aim of generating profit. This can range from trading stocks on a stock exchange to buying and selling products in a retail business. A key aspect of trading operations is the execution of trades and the management of associated risks and processes. Here's a breakdown with examples: 1. Financial Trading: Stock Trading: An investor buys shares of a company on the stock exchange, hoping the price will increase, allowing them to sell for a profit. For example, buying 100 shares of Apple at $170 and selling them later at $175 results in a $500 profit. Foreign Exchange (Forex) Trading: Traders buy and sell currencies, aiming to profit from fluctuations in their exchange rates. Commodity Trading: Trading involves buying and selling commodities like gold, oil, or agricultural products, often through futures contracts. Algorithmic Trading: This involves using computer programs to automate trading decisions based on pre-defined rules and algorithms, often used in high-frequency trading.

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The U.S. national debt as of Monday officially topped $35 trillion, a grim milestone for the U.S. government and the economy as the national debt continues to soar each year. The national debt has nearly tripled in the last 20 years. “If this sounds familiar, we only just reached $34 trillion at the very end of 2023,” Maya MacGuineas, president of the Committee for a Responsible Federal Budget, said in a statement after the milestone. “We passed $33 trillion three months before that and $32 trillion three months before that. The borrowing just keeps marching along, reckless and unyielding.” MacGuineas said the U.S. annual deficit is on track to hit almost $2 trillion this year and nearly $3 trillion in ten years. Before COVID-19, deficits remained under $1 trillion, but since the pandemic they have been well above the previously unbroken $1 trillion-dollar mark. Medicare and Social Security are on the path to insolvency because of the worsening fiscal situation, according to budget groups. Meanwhile, the cost of interest on the national debt has doubled since President Joe Biden took office and is on track to be the single largest expense for the federal government, more than entitlements or national defense.

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