wotd

#VersetsCrypto "Let all things be done decently and in order." 1 Corinthians 14:40.
By launching his daily crypto-Parable, Richard Teng reminds us of a simple truth: without a clear framework, innovation becomes chaos, but with readable regulation, it becomes civilization.
It is worth noting that this is not a biblical parable, but the statement acts as such and reminds us that the law does not stifle innovation; it secures it just as a dam channels a river without stopping its current.

When am still growing up,I heard nothing like Binance until at the age of 18years,when I saw the app on Google Play store and browser what is all about and that's when it starts making sense to me, although when I entered the app newly and began to see peoples assets worth millions of dollars and I said to myself that I will surely get to that peak because it has to do with determination and hard work towards your vision and goals.
Firstly,I started claiming red packet 🎁 🎁 and from there I got to #Learn to earn which I got some token like #Home and #PYTH and it really motivated me to keep going and that am still doing to make more earns to achieve my dreams.
Secondly,I got to know #Binance #WOTD which am still benefiting from till date and the words are really encouraging to all Binancians who are participating in it 🔥🔥🔥🔥🔥
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So this is my little journey so far on #Binance right now and you can follow me for follow back on Binance Square 🙏🙏🙏🙏

$BTC Quick chart breakdown for BTC/USD on February 7, 2026 – market is volatile but showing recovery signs after yesterday's brutal dip.
Bitcoin plunged below $61,000 (even touching ~$60,000 lows on Feb 6 per Reuters & Fortune reports), wiping out Trump-era gains from the $126K ATH in Oct 2025. This was driven by thin liquidity, ETF outflows, and macro fears (Fed uncertainty, tech sell-off).
But today: Strong rebound! BTC bounced hard, trading in $68,000–$70,500 range (Yahoo Finance ~$68,692 close, highs near $71,500; other sources like Investing.com ~$68k-$70k with +2-5% intraday).
Key Chart Insights (Candlestick + Indicators):
Daily/Weekly View: Sharp red candles on the drop (oversold RSI ~26-30 levels hit), then green reversal candles today. Price bounced off major support zone ~$60k-$62k (previous lows & psychological level).
Support/Resistance: Holding above $65k–$67k critical support (recent lows + 50-day SMA area). Resistance at $70k–$72k – break above could target $80k short-term.
RSI (14): Oversold during crash (below 30), now rebounding to ~40-50 neutral zone – bullish divergence possible if it climbs higher.
Volume: Pickup on the rebound candles – good sign of buyer interest (not just dead cat bounce). MACD showing potential crossover upward.
Pattern: Looks like capitulation wick low + hammer/reversal candle today. If $70k holds, bullish continuation; break below $65k = more downside risk to $55k-$60k.
My Take & Prediction:
Short-term: Rebound looks legit with volume & oversold bounce – aim for $75k+ if momentum continues. Long-term: Still in correction phase post-ATH, but fundamentals (ETFs, institutional interest) strong. This could be the dip buyers wait for!
Advice: Watch $70k resistance closely. Use tight stops, no FOMO leverage. Confirm with higher timeframe close.
What does the chart tell you? Rebound real or fake? Comment your analysis – long or short? 👇 Like/share for more chart updates!
#BTC走势分析 #Bitcoin #BTCanalysis #CryptoChart #Rebound #tradingview #BinanceSquare #CryptoNews #WOTD

#souratescrypto Precious metals are bouncing back, rates are hesitant, and crypto remains suspended between fear and opportunity. This moment is neither euphoric nor desperate but a phase of discernment.
Thus, in both bearish and bullish markets, those who observe calmly today will be positioned before the next movement.
#BinanceSquare #WOTD <t-23/>#analysis <t-26/>#GoldSilverRebound