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Avalanche Financial Report for 1Q 2024 $AVAX
Avalanche Financial Report for 1Q 2024
$AVAX
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It appears that Warren Buffett and Berkshire Hathaway are preparing for a potential market crash. Berkshire Hathaway's cash reserves have grown to a substantial $189 billion, and Buffett has indicated that they will continue accumulating cash, aiming for a cache of $200 billion by the end of the current quarter. The company is cautious about spending money and will only do so when they are confident in low-risk, high-return investments. What's interesting is that historical data shows a pattern: whenever Buffett has amassed a significant amount of cash and the Federal Reserve has raised interest rates, a major stock market crash has followed within the next 12 months. This pattern was observed in 2000, 2008, and 2020. $BTC #BTC🔥🔥🔥🔥🔥
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