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Bitcoin
💰 - Inverted chart
Looks like bitcoin is going to dump hard.
$BTC
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BTC
60,735.99
+2.27%
1.7k
0
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📌 Market expectations (#FedRate #FED : Probability of a Fed rate cut at the September 18 meeting = 100% (67.5% of investors expect a 25 bp cut and 32.5% expect a 50 bp cut) - September 18: a decrease of 25 bps to 5.00-5.25% - November 7: a decrease of 25 bp to 4.75-5.00%. - December 18: a decrease of 50 bp to 4.25-4.50%. - January 29, 2025: a reduction of 25 bps to 4.00-4.25%. - March 19, 2025: reduction by 25 bps to 3.75-4.00%.
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#Tether, the issuer of $USDT, plans to launch a stablecoin pegged to the UAE dirham 🇦🇪 https://tether.io/news/tether-to-develop-uae-dirham-pegged-stablecoin/
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Breaking this trend line will be massive for #Bitcoin! Possibel Inverse Head&Shoulders target: $66,600 🎯
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The odds of a 50 bps interest rate cut at the September meeting have increased to 32.5%
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#BTC just waiting for big breakout resistance then we can see $70k But remember guys next 4 months Q4 #Bitcoin Super bullish If #Trump win the election then we will see above $120k
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