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30% drop would see
Bitcoin
go as low as $75,000, and a similar run from there would mean a final all-time high for this cycle of around $225,000 in October 2025. History is rarely repeated, but it often rhymes.
$BTC
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#MarketPullback A market pullback refers to a temporary * Temporary: Pullbacks are typically short-term corrections within a larger uptrend. * Normal: They are a natural part of market cycles and not necessarily a cause for concern. * Can be an opportunity: Pullbacks can create buying opportunities for investors who believe in the long-term prospects of the market. How to identify a market pullback: * Price action: A decline in price from a recent high. * Volume: Increased trading volume during the decline. * Technical indicators: Certain technical indicators, such as moving averages or relative strength index (RSI), may signal a potential pullback. What to do during a market pullback: * Stay calm: Avoid panic selling. * Review your investment strategy: Re-evaluate your risk tolerance and investment goals. * Consider buying opportunities: If you believe in the long-term prospects of the market, a pullback can be a good time to buy at lower prices. * Diversify your portfolio: Diversification can help to reduce risk during market fluctuations. Remember: It's important to consult with a financial advisor before making any investment decisions.
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The president-elect and the worldās richest man combined Wednesday to smash a short-term spending compromise orchestrated by Republican House Speaker Mike Johnson to keep the government open until early in Trumpās new term. The stop-gap measure isĀ packed with nearly $100 billion in aidĀ for Americans hit by multiple national disasters, economic aid for farmers, a federal commitment to rebuild Baltimoreās Francis Scott Key Bridge and a criminalization of revenge porn. But the Trump-Musk blocking maneuver plunged the capital into one of its classic year-end crises, pitched Johnsonās hopes of keeping his job into extreme doubt and offered a preview of the chaos that may churn in Trumpās second term. #Elonmusk #Donaldtrump
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El Salvador, which is looking to unlock $3.5 billion from the International Monetary Fund, has agreed to some bitcoin (BTC) concessions to get the money. The nation will have to wind down or sell its Chivo crypto wallet, make bitcoin acceptance voluntary in the private sector and make taxes payable only in U.S. dollars. Chivo failed to take off on a national level despite offering $30 for Salvadorans to sign up.
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Everything lost? #BTCNextMove
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#2024withBinance Son nice.
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