I hope there will be a good news for bull market please 🙏🏻 | BoiVGR on Binance Square

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I hope there will be a good news for bull market please 🙏🏻 $BTC 

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#CryptoMarketDip Bitcoin Price Dumping Hard •This was bound to happen. Everyone knows that Trump is coming to power on the 20th and there will be a huge movement in the crypto market, and everyone will make a lot of profit. •But those who are market makers or big investors won't let us or you profit so easily, so they suddenly drop the market like this to scare everyone out of the market. •I have only one suggestion, just be patient ❤️ $BTC

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#CryptoMarketDip gonna pull back ?$BTC

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CZ: 100k is too boring As soon as the former Binance CEO hinted that the market was stable, we saw this correction 📉 Most analysts believe this is a shakeout of weak hands and yet another manipulation before a surge upward. Take note!$BTC $ETH $XRP

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Thank you for sharing this detailed breakdown! It seems like several macroeconomic factors are contributing to the market drop today. Here’s a recap and additional context on each factor: 1. Higher Bond Yields: - When bond yields rise, it often means that investors are demanding higher returns for holding bonds, which in turn increases borrowing costs for businesses. This can lead to a decline in investment and corporate profits, particularly in sectors that rely heavily on debt. - The rise in bond yields could be signaling that the economy is showing stronger-than-expected resilience. This may lead central banks, including the Federal Reserve, to keep interest rates higher for longer to combat inflation, rather than easing them as markets had hoped. 2. Economic Indicators (ISM Services PMI and JOLTS): - Economic data like the ISM Services PMI and JOLTS job openings coming in higher than expected signals that the economy might be stronger than anticipated. While this might sound positive, it can also be interpreted as a reason for central banks to keep interest rates elevated to prevent inflation from picking up again. This shift in market expectations can create volatility as investors adjust their forecasts for the future. 3. Global Economic Concerns: - Weakening Currencies: In several countries, weakening currencies can signal economic instability, especially if it reflects a broader issue of declining confidence in the country's economy. A weaker currency might also make imports more expensive, potentially leading to inflationary pressures globally. - Challenges in China: China’s economic difficulties, whether through structural issues or specific concerns like the HMP virus, can have ripple effects on global markets. Since China is a major player in global trade, any slowdown or instability can hurt growth prospects worldwide. Given this combination of factors—higher bond yields, stronger-than-expected economic data leading to higher interest rate expectations, and global economic concerns— $BTC

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