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who will touch 1$
tell me and why it can be
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📉 Bitcoin below $51000 Friends, yesterday and today the market showed another correction and fell below the $51000 mark. During the last 24 hours more than $1 bln positions were liquidated. The main thing in this market is not to make rash and emotional decisions. We've been down many times before. We've gotten back up again. 📃 We just need to get through it without losing all our deposits along the way. Be prepared for a rather long and exhausting wait for growth and for the news, after which it will seem that nothing else is possible. ❕ I am with you, not fixed, completely in crypto 🔥 #BTCMarketPanic #RecessionOrDip? #MarketDownturn #Babylon_Mainnet_Launch #BinanceHODLerBANANA
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💵 How not to get on honeypot? Friends, imagine: a new coin, the chart is flying upwards, promises of golden mountains... You are ready to invest, but stop! You might be facing a cunning honeypot — a trap designed to fool gullible investors. 📥 How does this scheme work? • Tempting Bait. Scammers clone popular coins or create one-day projects with unrealistic promises of profits. They have a perpetually rising chart with no drawdowns. • Smart contract with a secret. The code contains a mechanism that allows fraudsters to block the sale of tokens after purchase. The money gets trapped! • Disappearance. Once scammers accumulate enough funds, they disappear, leaving investors with nothing. 🔖 Signs of honeypot: • Closed source smart contract. • Anonymous development team. • Social media with fake followers and aggressive marketing. • Promises of super big returns too good to be true. 📑 How not to get caught? • Check the project and its creators thoroughly, you can do it here. • Check the source code of the smart contract (if it is open source). • Don't trust quick and easy money. ❕ Remember: in the world of cryptocurrencies it is important to keep a cool head and carefully check the information. Safety first 🔥
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🔹 The day has come — ETH ETFs Friends, today, there was an event that was expected for years, namely the adoption of ETF on ETH, trading has already begun, in the first 15 minutes it was more than $ 100 million of trading. And on the first day, the trading volume totaled over $1 billion, which is 20-25% of the BTC-ETF volume on the first day. Obviously, the token flew away by tens of percent in the first minutes, most likely it will be the same as with ETH, gradually fly to break through ATH. We can expect good values from ETH. 📑 The news is as bullish as possible. According to forecasts, the launched funds will be able to attract $6-20bn in the first year. So far, only 9 funds have been launched and one of them is Blackrock and Grayscale. I think you know these guys. 🔖 Anyway, two fundamental assets have a nice ETF, which is very pleasing. This increases confidence in crypto, so hope for a bullrun soon 🔥
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💵 An interesting week is ahead Friends. Hello everyone. I hope you're doing well. 📑 Weekend went briskly, all days the market was growing as we expected with you. Monday starts with a small pullback. It will not be easy to guess the price behavior this week, but we know for sure that there are a lot of news events and volatility will be there. • ETH ETF trading starts tomorrow. • There is more and more noise around the election. Biden declined to run, but I think it's not over yet. • Elon Musk put laser eyes on his Twitter avatar (which means he expects BTC to rise). • Trump will speak at the Bitcoin conference on Saturday. • More and more rumors of crypto massadoption by a possible future US government. • Possible central bank endorsement of XRP (???) There are realistically a lot of events. First and foremost, I wonder how the Ethereum ETF launch will work itself out. There seems to be a chance that we could see the way it was on ETF-BTC again (offloading from Grayscale in the first few weeks). Strangely, the commission on their ETFs is once again many times higher than their competitors. ❕ But, let's not forget that it's RISK ON on the fund right now, and that could greatly increase flows into the ETF from investors. It's hard to guess. We wait 🔥 #Biden_Out_BTC_Up #Bitcoin_Coneference_2024 #BinanceHODLerBANANA #HamsterKombat #BinanceTurns7
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↗️ My opinion on the market Friends, hello everyone. It's been a while since I reviewed the market situation for you, although a lot of things happened. 📔 Bitcoin has grown nicely over the last 7 days. The growth was more than 16%. I certainly did not expect such a sharp growth, but I think that we will not grow like this for a long time. On the chart I have multiplied my further vision. The growth of BTC also affected altcoins, but much weaker. For example, on ARB we do not see the same sharp green bars. What does this mean? 🔖 Manipulator is trying to attract more people by giving them hope for the start of a big rise. Yes, it sounds like a conspiracy theory, but believe me — the manipulator understands human psychology very well. Do you think this growth can renew ATH? 🔥 — Yes, it will 🧐 — NO #ETH_ETF_Approval_23July #BinanceHODLerBANANA #Mt_Gox_BTC_Dip #BinanceTurns7 #SOFR_Spike
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