$BTC recently traded around **$100,000–$110,000** after a sharp correction from its earlier highs. * Technical models suggest that the typical draw-downs in Bitcoin cycles are getting *shallower*, implying less extreme lows than in prior years. * Seasonality is supportive: historically November has been one of the stronger months for Bitcoin, though this year the median return is closer to ~9%. ([CoinDesk][3])
Key technical levels & risks
* Support: If Bitcoin fails to hold the ~$100K area, the next support zone appears nearer to ~$95K or lower. ([CryptoPotato][4]) * Resistance: A break above ~$115K–$120K may unlock further upside toward ~$135K–$140K. ([BeInCrypto][5]) * Risk: Momentum remains cautious. Some analyses suggest a lack of strong conviction and highlight that a decline past major supports could trigger deeper drawdowns. ([CCN.com][6])
* **Base case (moderately bullish):** Bitcoin consolidates around current levels, holds support, and then breaks higher in Q4 toward ~$120K–$140K if institutional flows return and macro conditions improve. * **Bear‐risk scenario:** If the ~$100K support fails, a retest toward ~$90K–$95K becomes plausible, especially if global liquidity tightens or regulatory/macro headwinds intensify. * According to JPMorgan Chase & Co., Bitcoin could reach about **$170,000** over the next 6-12 months when compared to gold on a volatility‐adjusted basis. ([The Block][7])
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Bottom line
Bitcoin is at a **pivotal point**: the immediate period will likely define whether the upward trend resumes or a deeper correction unfolds. If you’re tracking or holding BTC, keep an eye on the ~$100K support zone and watch for a clean breakout above ~$115K for confirmation of the next leg up. #ADPJobsSurge #BinanceHODLerSAPIEN #BinanceHODLerMMT #CryptoMarket4T #
How to Start Trading on Binance: A Step-by-Step Guide
Binance is one of the largest and most popular cryptocurrency exchanges in the world. With its user-friendly interface and wide range of trading options, Binance offers a great platform for both beginners and experienced traders. In this article, we'll walk you through the process of starting trading on Binance.
Step 1: Create a Binance Account*
1. Go to (link unavailable) and click "Register." 2. Enter your email address and create a strong password. 3. Complete the verification process (KYC) to unlock all features.
Step 2: Fund Your Account
1. Log in to your Binance account and click "Wallet." 2. Choose the cryptocurrency you want to deposit and click "Deposit." 3. Follow the instructions to generate a deposit address. 4. Transfer funds from your external wallet or purchase cryptocurrencies using supported payment methods.
Step 3: Choose Your Trading Pair
1. Click "Exchange" and select the trading pair you want to trade (e.g., BTC/USDT). 2. View the order book, charts, and trading history.
Step 4: Place Your Order
1. Choose the type of order: Limit, Market, or Stop-Limit. 2. Enter the amount you want to buy or sell. 3. Review and confirm your order.
Step 5: Monitor and Manage Your Trades
1. View your open orders and positions in the "Orders" and "Positions" tabs. 2. Set stop-loss and take-profit levels to manage risk. 3. Monitor market trends and adjust your strategy.
Tips for New Traders
1. *Start small*: Begin with small trades to get familiar with the platform. 2. *Do your research*: Understand the market and the cryptocurrencies you're trading. 3. *Use risk management tools*: Set stop-loss orders and position sizing to minimize losses.
Conclusion
Starting trading on Binance is a straightforward process. By following these steps and tips, you can begin your cryptocurrency trading journey. #Binance #BinnanceSquare #BinnanceFamily