#Binance #TradingTales #TrendingTopic #BinanceSquareTalks | SL Sahan on Binance Square

Trending Articles

Bookmarked and Liked

--

#Binance #TradingTales #TrendingTopic #BinanceSquareTalks 
$BTC 
Will up or down next 24 hours?

Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.

61

0

Explore the latest crypto news

⚡️ Be a part of the latests discussions in crypto

💬 Interact with your favorite creators

👍 Enjoy content that interests you

Email / Phone number

Relevant Creator

@sahan001

Explore More From Creator

#HODLTradingStrategy HODL is a popular trading strategy in the crypto world that involves holding onto your assets despite market fluctuations, with the expectation of long-term growth. It's a buy-and-hold approach that requires patience, discipline, and a strong belief in the underlying cryptocurrency's technology and future. *Key Principles of HODL Strategy:* - *Long-term investing*: Buying assets with a years-long perspective, rather than months or days. - *Ignoring short-term volatility*: Enduring price drops without selling assets. - *Refusing speculation and trading*: Avoiding frequent transactions based on market fluctuations. - *Fundamental analysis*: Choosing cryptocurrencies with strong prospects and utility. *Benefits of HODLing:* - *Reduced emotional trading*: Minimizing impulsive decisions based on market swings. - *Lower transaction costs*: Decreasing fees associated with frequent buying and selling. - *Potential for long-term gains*: Capturing significant growth over time. - *Tax benefits*: Potentially lower taxes on long-term holdings. *Risks and Challenges:* - *Market volatility*: Price fluctuations can be dramatic and unpredictable. - *Missing opportunities*: Potentially overlooking short-term gains or alternative investments. - *Project failure*: Risk of losing investments if a cryptocurrency project fails.

--

$BTC Bitcoin's current price is around $107,875.02, with a predicted price range of $107,431.48 to $108,351.31 for the next 24 hours. According to technical analysis, the sentiment is bearish, with a "Sell" recommendation based on moving averages and indicators. *Short-Term Predictions:* - *Tomorrow:* $108,053 - *Next Week:* $107,333 (down 0.67% from this week's highest prognosis) *Key Resistance and Support Levels:* - *Resistance:* $108,143 (first major uptrend resistance), $108,250, and $110,000 - *Support:* $106,202 (bottom support), $106,250, and $104,900 *Market Sentiment:* - *RSI:* 71.30 (overbought conditions, potentially leading to a price drop) - *MACD:* Weakening bullish histogram, indicating potential reversal

--

#MuskAmericaParty Elon Musk has launched the "America Party," a new political party aimed at promoting responsible fiscal policy and cutting wasteful government spending. The party's core focus aligns with Musk's criticism of both Democrats and Republicans, whom he believes are contributing to the country's financial woes. *Key Points About the America Party:* - *Mission*: Fight government waste and restore freedom - *Strategy*: Target a small number of winnable races, focusing on 2-3 Senate seats and 8-10 House districts to become a decisive swing vote - *Policy Positions*: Emphasize responsible fiscal policy and reducing government spending Musk's decision to start this party comes after he¹: - *Polled his followers*: Ran a poll on his X account to gauge interest in a third party, with results showing a 2:1 favorability towards creating a new party - *Fell out with Trump*: Disagreed with President Trump and the GOP over the "One Big Beautiful Bill," which Musk believed added to the deficit and funded wasteful programs The path forward for the America Party will be challenging, given the historical difficulties faced by third parties in the US political landscape.

--

$BTC Bitcoin's current price is around $108,155.67, with a 24-hour trading volume of $41.23 billion. Its market capitalization stands at approximately $2.15 trillion. Here's a breakdown of Bitcoin's key stats¹: - *Current Price*: $108,110.9 - *Market Capitalization*: $2.15 trillion - *24-hour Trading Volume*: $41.23 billion - *Circulating Supply*: 19.89 million BTC - *Maximum Supply*: 21 million BTC Some key aspects of Bitcoin include: - *Decentralized Network*: Bitcoin operates on a peer-to-peer network, allowing for secure and transparent transactions without intermediaries. - *Limited Supply*: Bitcoin's scarcity, with only 21 million coins available, contributes to its value. - *Halving Events*: Bitcoin's block reward for miners is halved approximately every four years, which can impact its price.

--

#SpotVSFuturesStrategy *Spot Trading:* - Involves buying or selling assets for immediate delivery - Prices are determined by current market rates - Suitable for investors who want to own the asset or use it for transactions *Futures Trading:* - Involves buying or selling contracts that obligate the buyer to purchase the asset at a predetermined price on a specific date - Prices are determined by market expectations of future price movements - Suitable for investors who want to hedge against price risks or speculate on future price movements Some common strategies for spot and futures trading include: - *Arbitrage*: Exploiting price differences between spot and futures markets - *Hedging*: Reducing price risk by taking opposing positions in spot and futures markets - *Speculation*: Betting on future price movements to profit from potential gains

--

Latest News

Trade Negotiations May Extend Beyond Deadline, Says White House Economic Advisor

--

Concerns Raised Over WLFI Token Transactions

--

Analyst Reports Major Losses in Recent Cryptocurrency Short Positions

--

U.S. Treasury Secretary Advises Elon Musk to Focus on Business

--

Bitcoin(BTC) Surpasses 109,000 USDT with a 0.81% Increase in 24 Hours

--

Trending Articles

$BTC pumped after clearing the lower side liquidity and now

DeCrypto TokenTalks

As of today, I can confidently say that even if we have 10 b

Farrah Depetris qTix

THE FINAL BOUNCE BEFORE THE BLOODBATH.

Learn this simplest method of trading cryptocurrencies, and

Square-Creator-14f57d253

XRP Insiders Dump $68M Daily—Smart Money Exit from the Dust

Cookie Preferences

Cookie Preferences