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Apollo Global Management warns that there is a 40% chance that the Federal Reserve System will return to raising rates next year 🚨
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The dominance of Tether perfectly demonstrates what happened last week. Pay attention to the change of the old resistance level to the new support level on the weekly chart. The next stop is likely to be 4.7-5%, which, given Bitcoin's recent relative weakness, could easily send Bitcoin into the $82-$85k range. before the rebound.
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Ideal (for redemption) falls of bitcoin over the past hour occurred when the realized profit/loss ratio returned to 1 and bounced back.
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Microstrategy just bought $561 million worth of Bitcoins
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11% of the way has been completed.
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