Get started

Binancefutures

BTC to hit 40k if these conditions are metPrice may hit 40k region if support gets broken at 44k-43k region. Hitting a HIGH of 50600 in the month of August to me was a retest on the LOW formed on the 25th of April, 2021 unless otherwise, it turns around. That notwithstanding, price will continue its upward move to hit the fair value gap created around 51.5k-52.8k and then we will see what will happen. For now, keep watch of the market and trade with caution. Minimize your risk by waiting for clear signals in this mixed market.
by nanay4w
🚧 Binance is going to burn $1 billion 🔥🔥Binance coin will conduct a coin burn in the coming days, and from a fundamental point of view, this is pretty good news, as demand increases as supply decreases. Let's take a look at how the price has historically reacted to this process. Statistically, after burnout, the price falls more often than it rises. 10 out of 13 burnout cases ended up with an average price drop of 15%, and only in 4 cases did the price rise. This time is likely to be no exception, and the price will also react to this burnout. This proves once again that news does not always have a positive effect on price movement, and the first thing to do is to work on the trend and understand the price dynamics. Only knowledge will help you do that, and Biko Academy will help you with the knowledge. Write in the comments all your questions and instruments analysis of which you want to see. Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU. P.S. I personally will open entry if the price will show it according to my strategy. Always make your analysis before a trade
by Yuriy_Bishko
10