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CRYPTO TRADING MASTER
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Bullish
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🔥🔥BTC Next target is 60K$🔥🔥
and ETH Next target is 3500$
$BTC $ETH
#TrendingTopic
#BTC
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BTC
57,674
+1.26%
ETH
2,379.06
+1.39%
385
0
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#Bitcoin is showing good strength after testing the critical support level of 65K. I anticipate a pump towards ATH levels will resume shortly. Another favorable indicator is the prevailing bearish sentiment among the majority.You know what they say about the market — it loves to prove the majority wrong. Let's see. $BTC
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### How CPI Data Affects the Crypto Market The Consumer Price Index (CPI) measures the average change in prices paid by consumers for goods and services. This data is crucial because it indicates inflation levels, which significantly impact the cryptocurrency market. #### Inflation and Crypto Demand When CPI data shows high inflation, the value of fiat currencies decreases. Investors often turn to cryptocurrencies like Bitcoin, seen as "digital gold," to protect their money from losing value. This increased demand can drive up crypto prices. #### Monetary Policy Influence Central banks use CPI data to decide on monetary policies. High inflation may lead to higher interest rates, making fiat currencies stronger and lessening the appeal of riskier assets like cryptocurrencies. Low inflation, on the other hand, can result in lower interest rates and more money in circulation, boosting interest in cryptocurrencies. #### Market Sentiment and Volatility Cryptocurrency markets are highly volatile, and CPI data releases can cause significant price swings. If inflation is higher or lower than expected, it can lead to rapid buying or selling of cryptocurrencies as investors adjust their strategies based on anticipated changes in monetary policy.$BTC In summary, CPI data affects the crypto market by influencing investor behavior, monetary policy decisions, and overall market volatility. Investors keep a close eye on CPI reports to make informed decisions in this dynamic market.
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$BTC 🛑 CRYPTO MARKET ANALYSIS 🛑 #TOTAL3 - Almost perfectly predicted drop in altcoins Bitcoin Dominance - Reached predicted 57% resistance zone All of this was previously mentioned multiple times last month. If you listened and held some stables, now is the time to feast. What's next: 1. Many altcoins look like $BTC has fallen to $50,000 2. A drop to $50k remains likely, but many altcoins might demonstrate strength and resist this drop 3. Currently, the market is smoking out the extra weight and spreading fear among people 4. I predict a full-blown altseason will commence within 1-3 months when Ethereum , Solana and Base ecosystem starts pumping and a new trend like web3 gaming and AI comes into the market. ✓ If you missed out on the recent altcoins pump, now is the ideal moment to start building a portfolio. ➜ Important. Another shakeout could be a gift for us but a source of fear for 85% of people.
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⚠️ Liquidation Alert ⚠️ $10 billion of longs will get liquidated if #Bitcoin hits $56,000. If #BTC reaches $76,000 from here, then $4 billion of shorts will get liquidated.⚠️ $BTC
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$BTCUSDT Update: If we break below the 0.618 Fibonacci retracement, we will forget about the recent pump we have had and start shorting. This is a 4 hour chart. $BTC #BTC Please tip me for this information 😅
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