Binance Square

S M Amir Hossain

8.6K+ Following
1.0K+ Followers
26 Liked
1 Shared
All Content
--
good afternoon
good afternoon
Cupita09
--
#BTC
**Bitcoin is Down Again, Is It Time for “Blood in the Streets”?**

Just opened the BTC/USDT chart and saw a deep red. At Trade-X, the price is currently **86,378.90**, down **-2.09%** in 24 hours. But what’s alarming is the performance over the last 30 days: **-10.17%**, and over the last 90 days: **-25.57%**.

📉 **What’s happening?**
- The **Bollinger Bands** (20,2) indicator shows the current price (orange line) is touching or below the **Lower Band** (DN: ~86.7K). This is often considered an *oversold* area or strong selling pressure.
- From the chart, after reaching a high above **128K**, BTC has sharply corrected and is now testing an important support area in the **86K-88K** range.
- Today's trading volume is quite high (**19.725 BTC**), with **MA(5)** below **MA(10)** – the short-term bearish signal remains strong.

🧐 **Other important data:**
- **Order Book Sentiment:** **76.37%** of orders are **Ask** (sell), only **23.63%** are Bid (buy). This indicates that selling pressure is still dominating the market.
- Over the past year, BTC is still down **-16.24%**, meaning from its ATH, we are still in a correction or accumulation phase.

💡 **How to respond?**
1. **Be careful of FOMO (or FUD):** A correction of >25% in 3 months is deep but common in the crypto cycle. Don’t panic sell at the bottom.
2. **The 86K area is key:** If there’s a strong breakdown, the next support may be at **78K-80K** (see the low area on the chart). But if it holds and rebounds from here, it could be the start of a recovery.
3. **Gradual accumulation?** For long-term believers, this zone may be interesting for DCA (Dollar Cost Averaging), but prepare mentally for high volatility.

🎯 **In summary:** The market is currently *risk-off*. BTC is testing the patience of holders. Use this information not for reckless speculation, but for risk assessment and a more mature investment plan.

Stay calm, manage your own risks, and don’t invest with panic money.

---
*Data source: Trade-X, chart 15m-1H. This is not financial advice, always DYOR (Do Your Own Research).*#BTC
hello friend
hello friend
Cupita09
--
#BTC
**Bitcoin is Down Again, Is It Time for “Blood in the Streets”?**

Just opened the BTC/USDT chart and saw a deep red. At Trade-X, the price is currently **86,378.90**, down **-2.09%** in 24 hours. But what’s alarming is the performance over the last 30 days: **-10.17%**, and over the last 90 days: **-25.57%**.

📉 **What’s happening?**
- The **Bollinger Bands** (20,2) indicator shows the current price (orange line) is touching or below the **Lower Band** (DN: ~86.7K). This is often considered an *oversold* area or strong selling pressure.
- From the chart, after reaching a high above **128K**, BTC has sharply corrected and is now testing an important support area in the **86K-88K** range.
- Today's trading volume is quite high (**19.725 BTC**), with **MA(5)** below **MA(10)** – the short-term bearish signal remains strong.

🧐 **Other important data:**
- **Order Book Sentiment:** **76.37%** of orders are **Ask** (sell), only **23.63%** are Bid (buy). This indicates that selling pressure is still dominating the market.
- Over the past year, BTC is still down **-16.24%**, meaning from its ATH, we are still in a correction or accumulation phase.

💡 **How to respond?**
1. **Be careful of FOMO (or FUD):** A correction of >25% in 3 months is deep but common in the crypto cycle. Don’t panic sell at the bottom.
2. **The 86K area is key:** If there’s a strong breakdown, the next support may be at **78K-80K** (see the low area on the chart). But if it holds and rebounds from here, it could be the start of a recovery.
3. **Gradual accumulation?** For long-term believers, this zone may be interesting for DCA (Dollar Cost Averaging), but prepare mentally for high volatility.

🎯 **In summary:** The market is currently *risk-off*. BTC is testing the patience of holders. Use this information not for reckless speculation, but for risk assessment and a more mature investment plan.

Stay calm, manage your own risks, and don’t invest with panic money.

---
*Data source: Trade-X, chart 15m-1H. This is not financial advice, always DYOR (Do Your Own Research).*#BTC
See original
hi Peace be upon you
hi Peace be upon you
Mu Hammad
--
#USNonFarmPayrollReport hy
actually I'm not understand well about this platform that's why asking help from others to know the details
actually I'm not understand well about this platform that's why asking help from others to know the details
Quoted content has been removed
Login to explore more contents
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

Latest News

--
View More

Trending Articles

BeMaster BuySmart
View More
Sitemap
Cookie Preferences
Platform T&Cs