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KhannAmirr
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Bitcoin dumping hard; currently trading below $59,000
What’s going to happen next?
It will dump more
50%
Bounce back from here
50%
62 undefined • undefined
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BITCOIN UPDATE ! Technical Analysis; Bollinger Bands: $BTC Current Position: Bitcoin’s price is near the lower Bollinger Band, indicating it is in a potentially oversold condition and could be due for a rebound. Volume Profile (VPVR): High Volume Nodes: Significant volume around 53,550 USD, reinforcing this as a strong support level. Lower Volume Areas: Below 50,000 USD, there’s a drop in volume, indicating weaker support. Conclusion: Support Levels: Strong support around 53,550 USD. Resistance Levels: Immediate resistance around 55,175 USD (top Bollinger Band area). Potential Buying Opportunity: A good buy zone would be around 53,550 USD if the price tests this support again and shows signs of holding. Aggressive Buy: Near 50,909 USD if the price continues to decline. #BTC☀ #SOFR_Spike #US_Job_Market_Slowdown #US_Job_Market_Slowdown #BinanceTurns7
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Why The Japanese Yen Crashed ! #USDJPY Some friends of mine recently returned from a vacation to Japan and they can’t stop talking about how cheap their trip was. Checking the charts, these days one U.S. dollar buys almost 160 yen, meaning the dollar is the strongest it’s been versus the yen in decades. Currencies are not always easy to think about. When a stock or commodity price goes up, it does so more or less in absolute terms. It now is worth more and you are objectively richer. When a currency goes up (or down), it does so in relative terms. When the dollar strengthens, I don’t feel suddenly richer. Similarly, when the Yen drops in price against the dollar or other major currencies, Japanese citizens don’t suddenly feel impoverished. Rather, everyone goes about the business of living their lives, too busy to notice these big currency moves. But over time, you start to feel the impact. American tourists realize how cheap Japanese tourism and goods have become. Japanese citizens start to notice that prices for imported goods, especially commodities that are priced in dollars. #SOFR_Spike #US_Job_Market_Slowdown #BinanceTurns7
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Is 16,000,000,000 coming into Market ! #SOFR_Spike #US_Job_Market_Slowdown #BinanceTurns7
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One of My Friend Real True Crypto Journey ! 🚀 The Unstoppable Trader's Story 🚀 In the high-risk, high-reward world of cryptocurrency trading, one man's journey stands out. My friend, let's call him Alex, has been navigating the turbulent crypto seas for five years. His story is a testament to resilience and determination. 💼 Hard Beginnings 💼 Alex started trading in 2019. Like many, he faced numerous liquidations. When the market dipped, he took up various jobs to stay afloat—delivering food, driving for ride-hailing apps, and even working on construction sites. The crypto market is known for its volatility, and Alex's journey was no different, marked by significant ups and downs. 🌟 Rising to Success 🌟 Despite the challenges, Alex never gave up. His perseverance paid off. Today, he owns two luxurious flats in Dubai, drives a Bugatti and a Cullinan, and enjoys the companionship of a supportive partner. His success story is a beacon of hope for many aspiring crypto traders. #CryptoSuccessTips #ResilienceInCrypto #TradingJourney #FromRagsToRiches #CryptoLife 👉 Follow for more inspiring stories! @KhannAmirr
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🚨 In Crypto History Top 10 Biggest Scams 🚨 Delve into the murky world of crypto fraud with these notorious scams that rocked the industry and cost investors billions. 1️⃣ BitConnect (2016-2018) BitConnect promised high returns through a lending program but was revealed as a Ponzi scheme. It collapsed, causing billions in losses. 2️⃣ OneCoin (2014-2017) OneCoin, marketed as a revolutionary crypto, was a multi-billion dollar scam run by Ruja Ignatova, who vanished in 2017. It never had a real blockchain. 3️⃣ MT. Gox (2011-2014) MT. Gox, once the largest Bitcoin exchange, lost 850,000 Bitcoins (worth $450 million at the time) due to hacking and mismanagement, leading to bankruptcy. 4️⃣ PlusToken (2018-2019) PlusToken defrauded investors of over $2 billion with promises of high returns before its operators were arrested. 5️⃣ QuadrigaCX (2013-2019) QuadrigaCX collapsed after its CEO, Gerald Cotten, died, allegedly taking $190 million in crypto to his grave, though foul play is suspected. 6️⃣ BitClub Network (2014-2019) BitClub Network scammed investors out of $722 million with a fraudulent mining pool operation before its founders were arrested. 7️⃣ WoToken (2018-2020) Similar to PlusToken, this Chinese Ponzi scheme defrauded investors of over $1 billion before its operators were caught. 8️⃣ Thodex (2021) The Turkish exchange halted trading abruptly, and its CEO fled with $2 billion of investor funds. 9️⃣ Africrypt (2021) Two South African brothers allegedly stole $3.6 billion in Bitcoin from their platform and disappeared. 🔟 Mirror Trading International (2019-2020) This South African Bitcoin trading platform turned out to be a Ponzi scheme, leading to over $589 million in losses. 📈 #CryptoScams #CryptoFraud #BitcoinScams #ponzischeme #StaySafeCrypto ✅ Like ❤️ | Comment 💬 | Share 🔁 👉 Follow for more updates! @KhannAmirr
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