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$BNT
BNTUSDT
Perp
0.4004
-1.52%
targets :
0.4113
0.4190
0.4250
DYOR
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TP1 ✅ $BNT
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TP1 ✅ TP2 ✅ $LTC #WriteToEarnUpgrade
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$LTC 💸ENTRY: 77.68 PROFIT TARGETS: 78.51 79.74 81.01 85.56 ❌PROTECTIVE STOP: 73.78 💸Risk management rule: Once the first target is hit, move your stop-loss to the entry price to secure the trade
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Bitcoin $BTC experienced a price decline of 2.59% over the past 24 hours, with the current Binance price recorded at 86,384.83 USDT, down from a 24-hour open of 88,510.16 USDT. This decrease is primarily attributed to heightened market volatility following the U.S. Federal Reserve's recent 25 basis point rate cut and expectations of a 25 basis point rate hike by the Bank of Japan, both of which are influencing liquidity conditions. Additionally, sharp price dips below $87,000 led to significant liquidations, with approximately $200 million in long positions closed within an hour, further intensifying short-term volatility. Despite this, Bitcoin continues to show strong market capitalization around 1.71 trillion, a circulating supply near 19.96 million BTC, and substantial trading volume, indicating active market participation amid ongoing price fluctuations.
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$BTC likely to bounce back from $87k region if it drops below this level, next area to watch is 80k-82k.
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