"Did you know that there will only ever be 21 million Bitcoins? 🤯 This programmed scarcity, reinforced by halvings every 4 years, is the foundation of its value. Supply decreases, demand grows! Understand why BTC is digital gold. #halvingbinance #bitcoin $BTC
Bitcoin is showing unstoppable strength, consolidating its position as the ultimate safe-haven asset in an uncertain economic landscape. Institutional adoption continues to rise, spot ETFs are attracting massive capital, and post-halving scarcity ensures sustained upward pressure. We are entering a new phase of parabolic growth! It's not too late to join the financial revolution. #BTC☀
Understanding Charts and Candles on Binance: A Quick Guide for Beginners!
When you trade on Binance, you'll see charts that look like roller coasters, but they actually show you how the price of a cryptocurrency changes over time. They are your market map!
Within these charts, you'll notice some "bars" called candles. Each candle represents what happened to the price over a period of time (for example, 1 minute, 1 hour, or 1 day).
Green Candles (or white/hollow, depending on your settings): The price went up!
They indicate that the price of the cryptocurrency increased during that period.
The bottom part of the candle is the opening price and the top part is the closing price.
The "shadows" (thin lines above or below) show you the highest and lowest price reached during that time.
Red Candles (or black/filled, depending on your settings): The price went down!
They indicate that the price of the cryptocurrency decreased during that period.
The top part of the candle is the opening price and the bottom part is the closing price.
Just like the green ones, the shadows show the highest and lowest price.
In summary: Green = Up, Red = Down.
By understanding the candles, you can start to decipher market movements and make more informed decisions in your trades!
¡BINANCE strengthens the security of its users with new integrations and audits of its reserves!.
In a continuous effort to protect assets, Binance has recently announced the implementation of new advanced security tools and the conduct of regular independent audits of its proof of reserves. This initiative underscores Binance's commitment to transparency and trust, assuring its users that their funds are protected under the highest industry standards. $BTC