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📉 Bitcoin's taking a nosedive, folks! 🗣️ Our money guru, Robert Kiyosaki, has some thoughts: • Most of us should think about saying bye-bye to our Bitcoin stash 👋💰 • This dip might be your chance to cash out 🤑 • Don't worry, you could always jump back in later! 🔄 🧐 Is Kiyosaki onto something? What do you think? #BTCFOMCWatch 👀 (Keep your eyes peeled for more market moves!) Remember, this is just one person's opinion. Always do your own research before making any financial decisions! 💡
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Mt.Gox Could Tank Bitcoin To 0 With O𝗻𝗹𝘆 9% Of Their Holdings
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Leading Analyst Shares Prediction on How Mt Gox Dump Will Affect Bitcoin Price . . . View More 👇 • Fred Krueger, a big-time Bitcoin fan, is spilling the tea on Mt Gox's upcoming Bitcoin giveaway. 🍵 • Here's the scoop: - Mt Gox is about to hand out around 100,000 Bitcoins starting in July. That's a lot of digital gold! 💰 - Some folks might cash out their Bitcoin. How much? Well, that's the million-dollar question! 🤔 • Krueger's got his own take: - He thinks maybe 13,000 BTC could hit the market - That's about the same as what MicroStrategy just bought (and nobody even blinked!) 👀 • But here's the kicker: - We don't know exactly when or how fast these Bitcoins will be distributed. It's like a slow-motion money rain! 🌧️ • Krueger's not sweating it though. He thinks the market's already prepared for this: - Bitcoin's value took a big hit last week (ouch! 😬) - He believes that drop more than covers what's coming with Mt Gox So, while it sounds like a big deal, Krueger's saying "Keep calm and HODL on!" 😎🚀 #MtGox #Mt.GOX #MtGoxJulyRepayments
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"Why are you almost always bullish" . . Click To View More... Because for nearly 2 years, we haven't broken HTF market structure on what is literally my largest holding. An overwhelming majority of [logical] dips that I've ever bought, in said timeframe, has been rewarded My edge is being lucky and patient enough to outlast pullbacks, as long as market structure holds -- I don't see any reason to change that. [most alts are a diff. story sorry] Which is to say that eventually, I'll be wrong. I'll take a decent hair cut off whatever the imaginary net worth ATHs is, but that's the name of the game. If I buy/sell purely off how I feel, I'm pretty sure I would've sold my spot holdings at least 100 times by now. #CryptoPCEWatch #MtGoxJulyRepayments #CryptoTradingGuide #BinanceTournament #Megadrop
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1. **Bitcoin's Dip Below 60k**: - Bitcoin (BTC) recently dipped below the $60,000 mark. This has caught the attention of investors and traders worldwide. - **Why?** Well, all US-based miners are now operating at a loss. They're facing financial pressure and need to sell their BTC holdings to cover costs. This situation is reminiscent of the worst-case scenario we discussed back in March. - **Miner Centralization Impact**: The concentration of mining power among a few major players means their actions and economic decisions significantly affect Bitcoin's price. When they sell, it puts downward pressure on the market. - 🛑 **Red Flags**: The red zone for miners and the need to sell can create a bearish sentiment. 2. **ETF Buyers in the Red**: - Exchange-Traded Fund (ETF) buyers who entered the market during the bullish phase are now sitting on losses. Their portfolios are bleeding. - 🤔 **What to Expect?**: Keep an eye out for capitulation. When ETF holders give up and sell, it could lead to further price declines. - 📉 **Revisiting 48k**: If this happens, we might see Bitcoin revisiting the $48,000 level. 3. **Economic Outlook**: - By late August or September, job losses are expected to mount rapidly. The Federal Reserve (Fed) may respond by cutting interest rates. - Contrary to expectations, traditional stocks may not rally. Instead, the lofty valuations of AI-related companies could burst. - 💥 **Markets Speak**: Remember, markets tend to reflect reality. They're not swayed by wishful thinking. 4. **Mt. Gox and German Seized BTC**: - The recent decline isn't directly tied to Mt. Gox (the infamous exchange that collapsed years ago) or German authorities selling seized BTC. - 🚫 **No Connection**: These events didn't trigger the current downturn. Stay informed, stay cautious, and keep an eye on those market indicators! 📊👀 #CryptoPCEWatch #MtGoxJulyRepayments #CryptoTradingGuide #BinanceTournament #Megadrop $PEPE $DOGE $BOME
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