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📊 UPDATE: Over $700M liquidated in 24 hours as #
Bitcoin
crashes below $96K.
@Cointelegraph
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content.
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No Crypto Income Tax: Trump plans to eliminate taxes on cryptocurrency profits after inauguration. Encouraging Integration: Policy to support companies integrating crypto, requiring US registration for issuing crypto assets. Global Crypto Leadership: Aims to position the US as a global leader in cryptocurrency adoption. Investment Freedom: Initiative allows tax-free crypto investments, reducing the current tax burden of up to 34%. Contrast with Biden Era: Addresses crypto adoption limitations under the Biden administration and SEC policies. Community Confidence: Expected to bolster trust and growth in the digital currency sector.
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Bitcoin hits $100,000 #btc $BTC
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Market updates Market is recovering and flow of money has been observed through on chain data. BTC is breaking out from range high with good volume which is a very healthy sign but BTC do not have much space to the upside so do not plan new entry in bitcoin instead focus on alts. Alts have more space around 5-8% from market price, so do not close your alts position that we targeted this week and let them run. Make sure to sl trail ETH at 3260 and BTC at 97900 and let them run. Market will give good new trade setups, so do not fomo in market. Good luck #btc #MarketUpdate #eth $BTC
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Hold close your acc and watch again in next month
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February is green, this is for sure. With SOL etfs, XRP etfs market conditions will change massively. Your plans should be for next month, utilise this month as your biggest opportunity and hold. Follow proper technical levels and accumulate. Investors wallets are accumulating and on chain data is showing massive outflow from exchanges. So do not fall for short term bearish possibilities which will fade away with time. Your risk management is key during this time, 30% capital should be in market, either we are above or below 92k. Rest capital will be utlised depending on this weeks price action. #sol #xrp $SOL #CryptoETFNextWave
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