It's time to say what no one wants to hear so people don't get too excited come September.
"On average, the S&P 500 loses 23.5%  after a rate cut  and takes 200 days to bottom. Sometimes they lose less and sometimes recover faster, but the Fed has never cut rates. is good news for stocks."

#fedinterest

Bitcoin advocates predict 'September breakout' but doubt $100,000 in near future

BTC Urgent urgent update very urgent

BTC is getting closer to the downside, close to reaching the support zone, but it is likely that we will see a sharp increase in BTC in the coming hours as today is the day to set interest for that.

1️⃣ If the results of this interest rate stabilize, I think BTC will drop to the 63,500 area until the 60,000 area, or we will see BTC increase slightly to the 68,350 area and then gradually decrease.

2️⃣ If the interest rate data is negative, this means interest rates will be increased, so the expectation is that the market will automatically decrease by 500B. Market value of digital currencies in general. This means we could be back in a bearish cycle at this point, but the possibility of liquidity exits will be greater, but this is not the only thing. We can see the beginnings of accession. Altcoin liquidity is good for the market and negative for BTC and the remaining altcoins, which have surged

3️⃣ If the data is negative for the US dollar, it means we see an increase in liquidity, a decrease in interest rates and this is what will bring new liquidity to digital currencies in general, whether is it 500 billion or another 1 trillion, and the likelihood is that we will see other liquidity until the market value of the market increases to 5 trillion out of 2.3 trillion, which means the price will increase. 100% In this way, BTC can rise to the levels of 75k, 85k, 95k and 105k very quickly, but remember this saying, don't put too much hope in this market.
#BTC #ETH #SOL #XRP #BNB

Sounds like Trump peed himself at the Bitcoin conference, haha

Article summary: Donald Trump's recent appearance at a Bitcoin conference received much criticism. Attendees described his speech as "babble" and "embarrassing", with some saying it even had a negative impact on Bitcoin's market value. Critics noted that Trump appeared to use the event as a campaign stop rather than addressing specific Bitcoin topics, which disappointed those expecting more valuable content . Overall, Trump's performance at the conference was not well received by audiences, who felt it was a missed opportunity.
The problem is that Trump is a selfish jerk and whether he supports Bitcoin or not is irrelevant. This is just another platform for him to push his agenda and steal votes from ignorant crypto players. I support Bitcoin but I would rather live in a liberal democratic country that is tougher on crypto than live in a fascist dictatorship pretending to be Christian under King Trump, where the vote Ours won't matter anymore after this election (those were his words, by the way).

#BTC /USDT
Entry: MARKETPRICE
Signal:SELL type
lavarage:50x
TP: 69000
SL: 70000

Senator Lummis proposed that the US government buy 5% of the total Bitcoin supply

“It can be used for one purpose only, which is to reduce our debt,” Lummis stated in his keynote speech at the Bitcoin 2024 conference on July 27 in Nashville, Tennessee.
$BTC

Most people who bought $BTC at the price of $64k are making a profit but
If 5% of them sell, the rest will no longer be "profitable"...

This is a useful measure for things with higher trading volume than that capitalization and/or stable demand regardless of trading volume. For example, Jeff Bezos could sell all his shares in Amazon and someone will buy it, guaranteed. The same goes for almost any decent-sized company's stock.
Gold is at a midpoint, where demand is not actually infinite (despite what some gold enthusiasts say) but there is still enough that a moderate amount of gold being sold onto the market will cause prices to plummet. .
The problem with cryptocurrencies is that even Bitcoin and Etherium behave like thinly traded penny stocks, where a relatively small change in the level of activity has a large impact on price and for the most part " market capitalization" is not active in the market.
For example, Germany sold about 50 thousand Bitcoins to the market, and as a result the price dropped by more than 10%, and it's not like they sold it all in one place or all in one day. Compared to the total number of tokens, that number is about 0.25%, and it has caused a decrease of more than 10%...
Well, in terms of cryptocurrencies, I don't think Market Cap is a useful statistic, given how volatile the markets are and how sensitive they are to what is considered selling pressure small in any other market.

Chart $BTC is beautiful but altcoin is a bit strange 😂

However, in general, high risk is high return. If you want to eat thick, you have to take risks, guys. If you want to eat but don't want to take risks, that's okay!

Currently BTC DOM is at a very high level, the price $BTC is also very high. Altcoin will sooner or later witness a huge influx of money and a strong bump!

However, in the immediate future, what needs to be done is to continue trying to accumulate altcoins and endure the sharp increase of $BTC , causing altcoins to bleed for a while longer.
#BinanceTurns7 #BTC☀

#MyFirstSquarePost Hello, Binance Square!