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Before the election of #EUA , I bought cryptocurrencies at the lowest price of the year, for example at $POL , and right after the result with #donaldtrump elected, they didn't stop rising.
Result: I withdrew my investment and kept only the profits invested, and now that this correction has occurred, testing support at $BTC at 90k, I'm still in profit, wanting to buy more before #donaldtrump takes over at the beginning of the year.
Finally, the funniest thing is that I didn't invest anything in #BTCđ„đ„đ„đ„đ„ , only in #Altcoinsđđ
Result: I withdrew my investment and kept only the profits invested, and now that this correction has occurred, testing support at $BTC at 90k, I'm still in profit, wanting to buy more before #donaldtrump takes over at the beginning of the year.
Finally, the funniest thing is that I didn't invest anything in #BTCđ„đ„đ„đ„đ„ , only in #Altcoinsđđ
Despite having confirmed the second highest weekly close in its history on Sunday, the price of Bitcoin is facing difficulties in the macroeconomic scenario to resume its upward trend.
Bitcoin BTC tickers down R$369,268 consolidated a green candle with an increase of 2.8% at the weekly close of Sunday, June 9, remaining stable just above US$69,000, after the lightning drop triggered by the release of data on expansion in the job market in the United States United. Although the $69,650 mark confirmed Bitcoin's second highest weekly close in its history, the macroeconomic scenario continues to pose as a solid barrier to the resumption of the cryptocurrency bull market. In this sense, the week that begins will be decisive for the future of Bitcoin's price action in the short term. Scheduled for Wednesday, June 12, is the release of the US Consumer Price Index (CPI) for the month of May and the meeting of the Federal Open Market Committee (FOMC), which will offer clues on the direction of policy monetary policy of the US Central Bank (Fed) for the remainder of 2024. Although the European and Canadian central banks have made their first interest rate cuts in years, it is unlikely that the Fed will act in the same way, as inflation remains more than a percentage point above the 2% target and data of the labor market send contradictory signals about the situation of the American economy.
NĂŁo
âą Satoshi Nakamoto is Brazilian traumatized by inflation in film about the creation of Bitcoin produced with AI
Since reaching an all-time high of $73,750 on March 14 and undergoing a correction thereafter, Bitcoin price has repeatedly attempted to overcome resistance around the $72,000 range â and has been rejected on each occasion. The range continues to be decisive in pushing Bitcoin towards new all-time highs in price discovery mode, says analyst Arthur Driessen, from Crypto Investidor:
In a bearish scenario, Bitcoin could âretest the $61,000 region as support before attempting a breakout to the top again,â says Driessen.
$BTC #eua
Bitcoin BTC tickers down R$369,268 consolidated a green candle with an increase of 2.8% at the weekly close of Sunday, June 9, remaining stable just above US$69,000, after the lightning drop triggered by the release of data on expansion in the job market in the United States United. Although the $69,650 mark confirmed Bitcoin's second highest weekly close in its history, the macroeconomic scenario continues to pose as a solid barrier to the resumption of the cryptocurrency bull market. In this sense, the week that begins will be decisive for the future of Bitcoin's price action in the short term. Scheduled for Wednesday, June 12, is the release of the US Consumer Price Index (CPI) for the month of May and the meeting of the Federal Open Market Committee (FOMC), which will offer clues on the direction of policy monetary policy of the US Central Bank (Fed) for the remainder of 2024. Although the European and Canadian central banks have made their first interest rate cuts in years, it is unlikely that the Fed will act in the same way, as inflation remains more than a percentage point above the 2% target and data of the labor market send contradictory signals about the situation of the American economy.
NĂŁo
âą Satoshi Nakamoto is Brazilian traumatized by inflation in film about the creation of Bitcoin produced with AI
Since reaching an all-time high of $73,750 on March 14 and undergoing a correction thereafter, Bitcoin price has repeatedly attempted to overcome resistance around the $72,000 range â and has been rejected on each occasion. The range continues to be decisive in pushing Bitcoin towards new all-time highs in price discovery mode, says analyst Arthur Driessen, from Crypto Investidor:
In a bearish scenario, Bitcoin could âretest the $61,000 region as support before attempting a breakout to the top again,â says Driessen.
$BTC #eua
This cryptocurrency could grow 1000% in the next few months
The cryptocurrency MAGA, also known as TRUMP, is a token based on Ethereum, created as a memecoin associated with former U.S. President Donald Trump. Recently, it gained significant attention by registering a substantial appreciation, with an increase of 124% within a few hours.
This cryptocurrency has no official connection to Donald Trump and was developed by third parties leveraging the ex-president's popularity to attract investors. MAGA (TRUMP) exemplifies how memecoins can rapidly capture attention, especially during periods of intense political activity or related events.
The market capitalization of MAGA is substantial, reaching approximately $652.8 million, with a trading volume of about $58.5 million over the past 24 .Despite its impressive growth, it's important to note that these coins are highly volatile and risky due to their speculative nature and the ease with which they can be created and launched in the market
#maga #Trump #eua
This cryptocurrency has no official connection to Donald Trump and was developed by third parties leveraging the ex-president's popularity to attract investors. MAGA (TRUMP) exemplifies how memecoins can rapidly capture attention, especially during periods of intense political activity or related events.
The market capitalization of MAGA is substantial, reaching approximately $652.8 million, with a trading volume of about $58.5 million over the past 24 .Despite its impressive growth, it's important to note that these coins are highly volatile and risky due to their speculative nature and the ease with which they can be created and launched in the market
#maga #Trump #eua
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What prevents $BTC from shooting higher after #halving and approval of #ETF of the coin for spot purchase at #eua
 In April of this year, there was the fourth halving of #bitcoin , an event that reduces miners' rewards by half. Historically, this event is followed by the rise of this cryptocurrency. This event, combined with the approval of #ETFs. on the US spot market, left investors hopeful about a take-off of $BTC , however, this has not yet occurred and the currency has fluctuated and, even with moments of stability, is experiencing challenges. This was due to buyers' early attempt to capitalize, given that, even before the halving, bitcoin showed an increase motivated by the institutionalization of the cryptoactive at the end of 2023. Thus, there was a lateralization of the event. Regarding the launch of ETFs for spot purchase, even though it was considered a historic milestone for the network and generated expectations of an increase in value, it still has less representation in the price of BTC than the demand for it as an asset.Â
Inspired by: money times
 In April of this year, there was the fourth halving of #bitcoin , an event that reduces miners' rewards by half. Historically, this event is followed by the rise of this cryptocurrency. This event, combined with the approval of #ETFs. on the US spot market, left investors hopeful about a take-off of $BTC , however, this has not yet occurred and the currency has fluctuated and, even with moments of stability, is experiencing challenges. This was due to buyers' early attempt to capitalize, given that, even before the halving, bitcoin showed an increase motivated by the institutionalization of the cryptoactive at the end of 2023. Thus, there was a lateralization of the event. Regarding the launch of ETFs for spot purchase, even though it was considered a historic milestone for the network and generated expectations of an increase in value, it still has less representation in the price of BTC than the demand for it as an asset.Â
Inspired by: money times
The US government selling 9,800 Bitcoin for $215 million, exactly 1 year ago. Worth $700 million todayÂ
#trendingtopic #hottrends #usa #eua $BTC
#trendingtopic #hottrends #usa #eua $BTC
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#MyFirstSquarePost #Bitcoinâ #eua $BTC
In April, the Consumer Price Index (CPI), which represents inflation in the United States, fell 0.1% compared to the previous month, reaching 0.3%. The scenario influenced the rise of $BTC , which jumped 6.27% on May 15, reaching a value of US$66,400 and accumulating more than US$48 million in sales of the cryptoactive in just one day.
In April, the Consumer Price Index (CPI), which represents inflation in the United States, fell 0.1% compared to the previous month, reaching 0.3%. The scenario influenced the rise of $BTC , which jumped 6.27% on May 15, reaching a value of US$66,400 and accumulating more than US$48 million in sales of the cryptoactive in just one day.