GN my Binance Fam 💤 Welcome to the Fear of Recession and S | Oliver Wong on Binance Square

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GN my Binance Fam 💤
Welcome to the Fear of Recession and Stagflation Show
Dow Jones drops nearly 500 pts, S&P500 and NASDAQ loses more than 1% either. #Crypto is red but not much, $BTC seems like it’s gonna fall below $60K soon
Just a soft reminder: “We’re in Bull-Season 😎”
#WRITE2EARN 

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🚨 Breaking: Mt. Gox has begun their repayments in both $BTC land $BCH to creditors via select Crypto Exchanges from today

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Hey Legends on Binance, what a bloody🩸day! #Bitcoin lost about -27% from its ATH currently. And within these past 5 days until now, it dumped about -13.5%, fell from $62.xxx to current price of $54.xxx Many FUDs have been released such as MtGox to repay their client, 🇩🇪 Gov to sell their $BTC etc. But i can tell you based on my experience, the major factor is the negative forecast about a potential recession is coming. So the tips are here: - 1. Don’t check the charts too often as usual - 2. Don’t borrow to invest - 3. Wait for the important 🇺🇸 economic data such as CPI, PCE, Unemployment Rate etc. - 4. DCA if you still have fund to invest - 5. For Web3 enthusiasts: choose the right project to go along with during this period. Projects must be built by the strong passion from the core team and a strong community Once 🇺🇸 economic data is positive to make the Fed get enough confidence to start their first rate cut. We will officially step into the new bull season of the entire market Conclusion: We’ve just finished the Halving event and according to history, we’re still in Bitcoin Bull Season 💚 NFA and DYOR

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🔄 Update #Bitcoin Percent Suppy in Profit until end of Jun 24 A -17.21% decline from its all time high 99.96% in Mar 4th to 82.75% currently Above 95% is considered as Hot Zone, so at this level of 82.65%, $BTC is pretty attractive NFA and DYOR

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A new month July, a new week has come. We closed the June as a decline of only -6.96%. With new this is good news Important economic events in this week: - Tue: Fed Chair Powell speech in 🇵🇹 - Wed: Meeting minutes of Fed Jun FOMC - Thu: Wall Street closes for 🇺🇸 Independence Day (July 4th) - Fri: 🇺🇸 Unemployment Rate 🚨 Fasten your seatbelts on this Friday

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Donald Trump and Joe Biden are going to have their first 2024 🇺🇸 presidential debate in the next couple hours Do you think #Bitcoin and #Crypto will be a part of this debate?

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