GDP alone means nothing! Basically, GDP is the sum of everything that was produced and provided in Brazil.
You have to use the context in which this GDP data is inserted.
I'll give you a very simple example to help you understand:
Imagine that you are a country and with your work you can live well. Your GDP is X (production).
At some point, your cost of living starts to rise (inflation) and you need to work more overtime or even find another job in your free time, so as not to go hungry.
As a result, you produced twice as much, your GDP is 2X, but your life has gotten worse and is more difficult.
It's a simplistic example, but it's enough to take GDP off this pedestal used by people who know little about the subject, but watch too much TV.
1- Artificially inflated GDP, and GDP alone means nothing. 2- Strong employment is bad in an inflationary scenario. 3- BC is a technical institution.
FabioCortinas
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With the BC president boycotting the economy, it is difficult, full employment, GDP exceeding all estimates, there is no reason to have a high SELIC rate.
Basically, you only have memes. Hold on to them and sell everything when the euphoria hits the market.
I repeat: You should leave in the middle of the party when greed is high.
Corrina Pavick Iswy
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I would like to rely on the experience of those who have been on this path for a long time. I'm new here and I'm sharing my portfolio to better understand the situation. I know that low periods are normal, but how do I know that the choices I've made aren't exposing me to greater risks than I should? This is the first time I have faced such a significant fall and I would like some guidance.
Do you think that a cut with a 95% chance of happening has not already been priced in by the market?!
Prices move according to what is known and what is projected based on what is known.
AltMan4U
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Bullish
$BTC this is not a dip! This is a reaction to the FOMC meeting in the US. If they cut interest rates, expect a pump. I’m going to be the first one to post the decision so make sure you follow me if you want to hear the news first.
I'm seeing a lot of people buying this dip. That's not how you do it. Not like that...
Wait for the token to show a minimal reaction based on reason.
For example, use the 8 and 14 moving averages on the 4-hour chart as a reference. As long as they are pointing down and widening, you know it's a trap.
There's no way, rationally speaking, to invest more money in $CTXC now.
Yes, it does. It depends on which timeframe you look at it. There have always been, are and will be falls of 30% or more during bull cycles without this invalidating the Bull Market.
User093021
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Bitcoin won't fall by a damn LOL 106k already, 2025 will hit the 115k mark
That's not how it works... Bitcoin has its own calendar, where "January 1st" is Halving day and "December 31st" is 800 days until the next Halving.
TraderCriptoBR
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Bearish
In July 2021, Bitcoin was at $31,500. It then soared to $64,400 in November, an increase of over 100%. However, in June of the following year, it fell to $18,900, less than its value in July 2021. This year, the behavior is similar: in July, Bitcoin was at $56,400 and rose to $96,700 in November. Now, it remains to be seen whether the cycle will repeat itself in July of next year, exactly 4 years later.$BTC
Innocent. That was a deliverance. The initial bar is fictitious.
Rafax cripto
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My luck is that regret doesn't kill, because I slept 15 minutes before the launch of #VANA . Yes, I missed the chance to make a lot of money by sleeping 15 minutes before the launch, and when I woke up VANA was already worth more than 20 Dollars, I look at #VANA rising constantly and imagine how much I could have profited from it, but hope is the last thing to die, I don't know when there will be a new cryptocurrency launch, but I will prepare myself and set the alarm to wake up minutes before. If your day is bad, imagine mine that I missed this chance 🙂
The more aggressive the climb, the more time for lateral movement or correction is needed.
Impatience will destroy your wallet.
MuhammadXai
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$SOL Something terribly wrong with this coin. It falls like a free fall once #BTC falls a bit and doesn’t comply to the upward movement of BTC at all since last day. Either don’t fall with BTC or Rise once BTC gains momentum.
The formula for failure in the crypto market is not knowing the macro (economic) cycle and the micro (bitcoin) cycle. Based on this, I can only wish you good luck and good studies.
HeyGuys
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Bearish
$BTC according to weekly timeframe chart First Target - 68k to 66k Second Target - 48k to 45k
A lot of you guys think 2025 will be the bullish year but actual the first quarter of the 2025 will be bearish !!!
Why?
Look at the precious 2023,2024 Every first quarter of the years is bearish