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YG crypto
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Seeing the price of some altcoins makes me feel like a Garbage!
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Not sure this manipulation is over on $LINK , but finding acceptance back above support would definitely be a good sign. If we go back to the red box, it was just a #bearish retest. #LinkFundamental #ChainlinkAnalysis
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$16B may inflow in crypto in Q3 😱 The reason for this is #FTX cash distribution. But they won't return money in BTC, ETH, SOL, or any other crypto. Instead, they will get the return on stables based on the price of November 2022. Imagine you held 1 #BTC there, the price was $16k. You won't get $56k, but $16k. There are also 2 important dates to keep an eye on: ◾ August 16, 2024 - Deadline for voting on FTX bankruptcy ◾ October 7, 2024 - FTX bankruptcy plan may be approved How can it affect the market? As I said, returns are expected to happen at the end of Q3. Plus, at that point, the world will follow the US election. These 2 events may create a bull market Even by looking at previous ups after inflows: $BTC: ◾ January 8th, inflow of $210M. Price rose by +5% in a day ◾ February 26th - March 4th, inflow of $1.139B. Price rose by +32% $ETH : ◾November 9th, 2023, inflow of $100M. Price rose by +10% ◾ April 8th, inflow of $217M. Price rose by +8%. SOL: ◾March 11th - March 21st, the inflow of $634M. Price rose by 25% How high we can go this time?
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🚨SHOCKING REVERSAL🚨 Germany buys back 1,915 $BTC (Approx. $111.5M) from Kraken, Coinbase & Bitstamp. #BTC just retraced back up the entire dump from the Germany & Mt Gox fud. ‼️ I gave advice to hold on to your bags & ignore the FUD. Did you panic sell❓ #BITCOIN Supremacy.💪
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