$BTC will be bearish for a while until Trump start his presi | Vodka_Carasuma en Binance Square

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$BTC will be bearish for a while until Trump start his presidency period and people already made a lot of profits from altcoins? What do you think? 

Aviso legal: Se incluyen opiniones de terceros. Esto no representa una asesoría financiera. Puede haber contenido patrocinado. Lee los TyC.

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Korea Government stopped NO.1 Korean CEX “Upbit” running its business when it comes to new users because if KYC problem and so on. But they still have chances to speak until January 21 KST. But still this could make people panic sell. Also, Nasdaq 100 futures can be very downside because it rose like 3% yesterday and today. This can lead BTC to 90k or even 80k line. So I don’t recommend to have long positions right now. You can open short position to hedge the danger of panic selling and Nasdaq downside effect. $XRP

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I told you that there are selling pressure in the market. So it’s better to watch the market carefully now.

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Did you want to earn extra money other than “simple earn”? Then try Binance LAUNCHPOOL this time. Just search launchpool and go stake FDUSD or BNB and you get BIO token from the pool. Bio tokens will be in the market after launchpool is over, which is just one or two days left. For choosing which, it’s your choice. FDUSD is a stablecoin and BNB is Binance coin. So that means FDUSD price is stable, and BNB price fluctuates-which means its price goes up and down.

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Ok as I predicted a few hours ago, $BTC the whole market is very on bearish side. As you can see the chart, $ETH can break 3k at anytime because coin market is just following the stock market now. But this could mean A Skyrocketting Season can come later on after Trump Presidency started. But you might have to wait for months or even a year. After the stock market is settled at certain price, then we’ll see chances to buy.

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I think BTC futures market will be on the bearish side for a while before D. Trump’s next presidency because such things that selling YBTC which is Bitcoin covered call or SBIT which is shorting BTC short squeezing will occur soon. Bitcoin price rose because it joined stock market, but it also means its price can go down because of stock market. $BTC

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