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🛑📢📢 FEE Update #FED #FedRateCut 45 minutes later, FED president Jerome Powell will talk about Macroeconomics and Money Policies. Due to a business occupation, I will not be able to watch the speech. 🛑If he speaks positive -like the last time- it will be a good thing for $BTC and finally it may go for 74K. But if he talks too harsh, the dramatic price actions may happen. 🛑Just be aware! I set my stop-loss and take profit levels for coins I have in spot. The leverage traders must be extra careful, as I said there might be huge price actions in both ways. Manage your risk according to that, set take profit orders, stop loss orders.

🛑📢📢 FEE Update #FED #FedRateCut

45 minutes later, FED president Jerome Powell will talk about Macroeconomics and Money Policies. Due to a business occupation, I will not be able to watch the speech.

🛑If he speaks positive -like the last time- it will be a good thing for $BTC and finally it may go for 74K. But if he talks too harsh, the dramatic price actions may happen.

🛑Just be aware! I set my stop-loss and take profit levels for coins I have in spot. The leverage traders must be extra careful, as I said there might be huge price actions in both ways. Manage your risk according to that, set take profit orders, stop loss orders.

Aviso legal: Se incluyen opiniones de terceros. Esto no representa asesoría financiera. Lee los TyC.
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🛑🛑💥 BTC update Prediction $BTC Dear followers, the next 1-12 hours is going to be very important for your finances in the next 6-12 months. There's going to be extremely volatility in the market within this time frame that could put you in a terrible position, especially if you are new to crypto. Two major factors will be responsible for this volatility, viz; 1. BTC/ETH options expiry about 35 minutes from now (8am UTC) 2. BTC halving event of next month Both factors will work in conjunction with each other to give some people quick profit and then cause extreme loss for some others. Here's my personal opinion on how this is going to play out. Please note that this is not financial advice. 🛑1. The options expiry is going to favour longs...as such there'll be a temporary short squeeze that will see BTC stay above $70,000 and make an attempt to break it's previous resistance of $74,000. 🛑2. Simultaneously, there'll be actors waiting to open orders for shorts in the futures and options market at any price above $70k-$74k... The sell pressure is going to be highest at 74k and above. 🛑Even if BTC rises above $74k, the whales and the market markers in the options and futures market will short the market with all they have because the BTC halving is few weeks away and prices are definitely going to drop around the halving period. 🛑So essentially we will see a brief spike in prices and then a sharp fall to a long term support area which is currently $48,000 for BTC. If you are trading ALTs then please be careful because the impact of this volatility on ALTs will be worse/higher depending on how you're trading.
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