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CryptoPatel
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Breaking News: VanEck, a $118 billion investment firm, predicts that Bitcoin could reach $180,000, and the U.S. may adopt a Strategic Bitcoin Reserve by 2025. #VanEck #Bitcoin $BTC $BNB
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#Binance Sets New Standard in the Crypto Market in 2024 In 2024, Binance attracted $21.7 billion in user deposits, surpassing the combined total of the top 10 exchanges by 36%. User Growth: ▪️ Binance's user base reached 250 million. ▪️ Bybit, the second-largest exchange, lags behind with 60 million users. Binance continues to lead the crypto industry in both growth and market dominance. 🚀 $BNB $SUI
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🚨 BREAKING: Japan Considers Strategic #Bitcoin Reserve! 🇯🇵 A proposal by Japanese MP Satoshi Hamada suggests creating a Strategic Bitcoin Reserve, positioning $BTC as a potential national asset. This raises the question: Could Japan be shifting towards more favorable crypto regulations? $AVA
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Big #Bitcoin Buy: Riot Platforms Adds 5,117 #BTC to Their Portfolio for $525M 🚀 #Riot Platforms has Today acquired 5,117 $BTC for ~$525M, bringing their total holdings to 16,728 BTC With an average price of $62,244 per BTC, their investment has grown to $1.68B, reflecting a 61% profit ($638M). This shows the power of DCA 💪 $AVA
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Cautious on Bitcoin: Expecting a Sharp Pullback Before Long 1⃣ Current Stance: Cautious on long positions in $BTC due to the shallow nature of Wave 2 and the potential for an expanding diagonal (ED) formation. 2⃣ Entry Plan: Planning to open a long position in #Bitcoin but waiting for a clearer correction. 3⃣ Market Expectation: Expecting a sharp pullback, though the exact dip is uncertain at this stage. 4⃣ Next Steps: Will provide further updates after additional confirmations are observed. Note: This is NFA. Always DYOR before making any trades. $AVA $LINK
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