Friends, Bitcoin has shocked everyone this week by touching a brand-new high of $96,000! But on Binance Square, we don't just celebrate "Green Candles"-we trade with our heads, not just our hearts.
What's really happening in the market right now?
US Regulatory Update: The "Digital Asset Market Clarity Act" markup has faced a slight delay in the Senate. This has pushed the market into a "Wait and Watch" phase as everyone looks for the next signal from Washington.
The Profit Zone: We are currently hitting a major resistance zone between $96k -$98k. Large institutional players are likely taking some profits here, which is why the price is showing some local volatility.
The Smart Move: When the hype is at its peak, stay calm. Utilize Simple Earn for passive income so that even if the market takes a small breather (correction), your capital stays productive and protected.
My Advice: Never trade on #FOMO. Always use a Stop Loss and avoid jumping into high-leverage trades just because of the hype.
What do you think? Will $BTC smash the $100,000 milestone this month or see a pullback first? Let me know your thoughts in the comments!
