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IRAN IS FINISHED đ„
#BTCPredictedNewATH
#moonbix
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NOOBS ARE SAYING IT'S DUMPTOBER đ đ And If you're following such weak hands, it's time to prioritise doing your own research and have an independent strategy. I believe Q4 is going to be bullish so I built big positions. Iâm down in decent numbers but Iâm not worried because you donât make 10-100x profit by panic selling 30% drops. Iâm not selling my coins to Blackrock or big whales. I know Bitcoin is going to $100k+ and alts will pump hard. And you my fam, yes you. You're seriously going to panic sell your bags? Just as: đč FED officially pivoted with a 50bps rate cut đčChina is stimulating its economy đčGlobal liquidity is on the rise đčFTX distributions are beginning đčQ4 (crypto's best qtr historically) has just begun đčThe U.S. election is just a month away Moreover, the current Israel- Iran conflict has a decent role behind this dump and can't be blamed entirely, but these utter nonsense speakers will keep on raising this issue making it a prime catalyst of this dump. I don't know about you, but this dip seems like a gift to me to enter in those Alts which I missed. My targets are long term so Iâm not focusing on this short term volatility. On the other hand we've noobs and incompetent wannabes saying mkt will have it's worst 4th quarter of the year ever đ I really wonder on what these buggers are getting high. Optimise this opportunity & buy the dip. Stop following anyone blindly and keep an open mind for learning & doing your own research. #IranianMissilesPlummetsBTC #moonbix
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$ETH NEW PLUNGE OF CRYPTO MARKET: WHY THE MARKET IS STRUGGLING đ đ The entire market is experiencing a significant decline, reviving investor concerns. After hovering around $66,000 last week, Bitcoin's price fell to $62,501 on Tuesday, a drop of 5.3%. đ The Catalysts of an Unexpected Decline This sudden drop originates from several key factors. Firstly, statements by Jerome Powell, chairman of the Federal Reserve, cooled market enthusiasm. During a speech in Nashville on September 30, Powell tempered expectations regarding interest rate cuts, predicting only two reductions of 25 basis points each by the end of the year. This perspective led to an adjustment in market expectations. According to the CME FedWatch Tool, the probabilities of a 50 basis point rate cut in November dropped from 53% last Friday to 38.2% after Powellâs remarks. Moreover, the escalation of tensions in the Middle East has increased investorsâ risk aversion, weighing on volatile assets like Bitcoin. đȘ A BTC Market Demonstrating Its Resilience Despite this decline, several indicators suggest underlying resilience in the Bitcoin market. Data from CryptoQuant reveals that the $63,000 level corresponds to the realized price by short-term holders, serving as support since mid-September. Additionally, capital inflow into BTC ETFs remains significant, albeit decreasing. According to Farside Investors, Bitcoin ETFs recorded net inflows of $494.4 million last Friday, including $203.1 million for Ark Investâs ARKB ETF and $123.6 million for Fidelityâs FBTC. IntoTheBlock highlights another potentially bullish factor: the increasing demand for BTC in decentralized finance. Currently, 1% of the total BTC supply is locked in DeFi protocols, thus reducing available liquidity in spot markets and potentially exerting upward pressure on prices. In this uncertain economic context, investors need to remain vigilant. Bitcoin may experience further fluctuations in the short term before potentially resuming it's upward journey ahead. #BTCPredictedNewATH #BTCUptober
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If you think that bulls and bears are the only two animals that represent the capital markets e.g stocks, crypto & others, then you are absolutely wrong like the other 90% of the people in this world. There are 12 different animals apart from bulls and bears that represent investor behaviour along with market sentiments. Let's delve into it. 1. BULLS đ The regular and usual optimistic approach of investors who think the market will rise. 2. BEARS đ» Just the opposite, pessimistic investors waiting for the market to fall. 3. RABBITS đ Traders who hold their position for a very short period of time and scoop a quick buck. They're also known as scalpers. 4. TURTLES đą The patient ones who believe in long-term investing, trade slowly and focus on long term profit. 5. PIGS đ· Very greedy and impatient investors who want huge profits and take high risks as well, eventually ending up losing most of the time. An example is "high leverage future traders". So, don't be a pig. 6. OSTRICHES Investors who ignore negative market news and hope that their investment will survive somehow. 7. CHICKENS đ Fearful investors who are afraid of taking risks and stick to safe investments. They're even happy with smaller returns. 8. SHEEPS đ Investors who mainly rely on social media and follow a majority for their investment decisions without any research or having any independent strategy. 9. DOGS đ Stocks that are beaten down by the market but expected to recover soon. 10. STAGS Opportunistic traders who look for a quick gain, mainly from IPO's, ICO's and such opportunities. 11. WOLVES đș Traders who try to manipulate the market with their deceptive actions and make big profits. 12. WHALES đł Big investors who move the market. 13. SHARKS đŠ Investors who are not as big as whales, but big enough to make headlines that influence avg. investors. 14. DEAD CAT BOUNCE đâ⏠A temporary recovery during a downtrend. Which animal represents your psychology and trading style? Let me know in the comments section. #EIGENonBinance #moonbix
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$ADA ANOTHER DEVELOPER LEFT CARDANO đ„” đ What the hell is wrong with Ada? Vladimir Kalnitsky, a well-known developer who worked on the cardano-transaction-lib (CTL), announced recently that he was leaving the project, marking yet another major departure for the Cardano ecosystem. His exit exacerbates worries about the platform's capacity to attract and retain talent in the quickly changing blockchain industry. đą Why leave Cardano? Despite having gained invaluable experience working with Cardano's PureScript ecosystem, Kalnitsky stated that he no longer has a passion for functional programming, especially Haskell, which has been essential to Cardano's development. This opinion highlights that despite Haskell's elegance, there is a significant barrier to attracting new developers, which is in line with the frustrations voiced by other developers in the community. Both novice and seasoned developers appear to be losing interest in Cardano over the long run due to Haskell's complexity and niche market, as well as its limited appeal outside of academic and specialized circles. đ Alternative view Another blockchain developer, Hinson Wong, expressed similar opinions pointing out that a major obstacle to broader adoption is being created by the tools developed around Haskell and the UTXO model. Compared to Ethereum's EVM, which has a far larger developer community and market size, Cardano is thought to have several times higher development costs, particularly in the DeFi space. With the developer exodus, Cardano is becoming less attractive as a development platform, especially for DeFi projects, despite its lofty objectives and vibrant community. This difficulty is also reflected in the price of ADA, which has underperformed other premium cryptocurrencies on the market. Cardano's future, especially in DeFi, is still unclear because important developers are leaving, and the platform is thought to be expensive and difficult to develop. #ADA.æșèœçç„ćșđ„đ„ #AdaFundamentals
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$JUP BULLISH FLAG SPOTTED ON 4H CHART đ đ Holding strong above $0.90 as I mentioned in the previous analysis that the $ mark would be hitting anytime soon. The week finishes off on a bullish candle and that will make the upward journey strong in the coming days as "Uptober" kicks off from Tuesday. After breaking the pivotal $ level the next major hurdle lies at $1.2 which may face strong resistance. #JupiterđȘ #JupiterJUP
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