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👨‍⚖️ ¡¡La Fed mantiene las tasas!! La Reserva Federal de Estados Unidos decidió dejar el tipo de interés entre el 5,25% y el 5,5%. Los resultados estuvieron en línea con las expectativas del mercado, pero recibimos poca reacción a la noticia. Quizás ahora encontremos el fondo. Pero no olvides que una corrección del 30% ($50k por bola blanca) es un fenómeno absolutamente normal antes del crecimiento, por lo que también debes estar preparado para ello 🥴 $BTC #BTC‬ #bitcoin

👨‍⚖️ ¡¡La Fed mantiene las tasas!!

La Reserva Federal de Estados Unidos decidió dejar el tipo de interés entre el 5,25% y el 5,5%. Los resultados estuvieron en línea con las expectativas del mercado, pero recibimos poca reacción a la noticia.

Quizás ahora encontremos el fondo. Pero no olvides que una corrección del 30% ($50k por bola blanca) es un fenómeno absolutamente normal antes del crecimiento, por lo que también debes estar preparado para ello 🥴

$BTC #BTC‬ #bitcoin

Aviso legal: Contiene opiniones de terceros. Esto no constituye asesoramiento financiero. Es posible que contenga contenido patrocinado. Consultar Términos y condiciones.
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📉 $500 Million in Bitcoin Open Interest Wiped Out After Latest US Jobs Report The recent US jobs report has significantly impacted the cryptocurrency market, wiping out over $500 million in Bitcoin open interest. This drastic market movement comes after mixed signals from the latest employment data. 🔴 US Jobs Report Slashes Bitcoin Open Interest The US Bureau of Labor Statistics reported that May saw an increase in hiring by 272,000 in the establishment survey. However, the household survey indicated a drop in employment and a rise in unemployment, which climbed to 4.0% — the highest since January 2022. Average weekly hours remained steady at 34.3, which often aligns with a soft economy. Additionally, average hourly earnings rose by 0.4% in May, marking a 4.1% increase from a year earlier. Private sector hiring averaged just over 200,000 new jobs per month over the last three to six months, a notable increase from the 155,000 jobs seen at the end of the previous year. The index of aggregate weekly payrolls for private-sector workers, which combines hiring, wages, and hours, was up 5.4% over the last 12 months. This is a decline from the 6%-6.5% range observed a year ago, bringing it closer to 2018’s highs for the 2009-2020 cycle. Following the report’s release, Bitcoin’s price saw a 2% correction, dropping from $72,144 to $70,668. This sudden price movement triggered significant liquidations. “Over $500 million of Bitcoin open interest wiped out within minutes. Shorts and longs were liquidated,” IT Tech noted. The job report’s mixed signals have caused significant market fluctuations. While an increase in hiring suggests economic strength, the rise in unemployment and steady weekly hours indicate underlying weaknesses. The reaction from the crypto market reflects its sensitivity to macroeconomic indicators but could soon revert. “Unemployment just hit the highest level since COVID, and markets whipsawed down. Often, the first move on these announcements is the wrong one. Time will tell. $BTC #BTC #Bitcoin
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🔥 Top 4 Altcoins That Could Still Make 100X 🔸 Notcoin (#NOT ) Price Soars Amid Market Fluctuations The current price of Notcoin (NOT) ranges between $0.00945 and $0.03318, trading below resistance levels at $0.043 and $0.066. Recent performance shows a surge with a 968.25% increase over both the past month and six months and a 104.18% rise in the past week. The 10-day and 100-day moving averages are $0.0219 and $0.0220 respectively. RSI stands at 43.85, indicating a relatively balanced state. Market moves appear corrective after the recent price jump. 🔸 Aptos (#APT ) Price Overview: Impulsive or Corrective? Aptos (APT) is currently in a price range of $8.57 to $9.51. The nearest resistance is at $10.09, with support at $8.21. Over the past week, the price increased by 0.531%. In the past month, it rose by 1.687%, and over six months, it has grown by 7.584%. The RSI is at 41.48, and the MACD level is -0.009, indicating potential corrective moves. The current indicators suggest the price may stabilize around the simple moving averages of $9.22 and $9.08. 🔸 Pepe (#PEPE ) Crypto Price Overview: Strong Long-Term Growth Signals Pepe (PEPE) is trading in the range of $0.00001276 to $0.00001686. It shows a modest dip of 0.79% over the past week but boasts a solid 75.33% rise in the last month and an impressive 827.19% increase over six months. The current RSI is at 50.21, indicating a stable market. The MACD level at 0 and stochastic at 33.83 suggest the price is in a corrective move. The nearest resistance is $0.000019, and support is at $0.000011. 🔸 Optimism (#OP ) Crypto Price Overview and Short-Term Prediction Currently, Optimism (OP) is priced within the $2.26 to $2.57 range, showing minor recent changes. The one-week price dip is 0.05%, while the one-month decline is 10.11%. The coin has gained 18.18% over the last six months. The Relative Strength Index (RSI) is 46.30, suggesting a neutral market stance. Stochastic at 21.84 indicates it's near an oversold area. $OP $PEPE $NOT
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Terra Classic (LUNC) Burns Its Way to a Potential Price Rally Terra Classic (LUNC) is showing signs of a potential price surge, driven by strategic token burns. Currently trading at $0.0001227, LUNC has gained 3.59% over the past 24 hours. This upward movement began at $0.0001186, peaking at $0.000124 before slightly retracing to its current price. A significant increase in trading volume, up 76.61% to $41.29 million, suggests strong buying interest and the potential for further gains. In the short term, the price action indicates bullish sentiment. The immediate support level around $0.000120 has been tested multiple times, demonstrating substantial buying interest and demand. The major support level at $0.0001186, the day’s starting price, provides a solid base after successfully withstanding earlier downward pressure. On the resistance side, the immediate level at $0.000124 was touched before the price slightly retraced, indicating seller presence. Major resistance levels may emerge at the psychological thresholds of $0.000125 and $0.000130. The upward movement, combined with increased volume, confirms the bullish momentum. The recent peak and pullback form a higher high and higher low pattern, suggest the possibility of further gains. Analyzing the burn rate chart reveals a key correlation between token burns and price trends. From early February to mid-March saw a low and stable burn rate, resulting in a relatively stable price with minor fluctuations. The lack of significant supply reduction during this period meant no noticeable price rise. However, from mid-March to early April, a sharp increase in the burn rate indicated a large volume of LUNC was burned, likely causing a price spike due to increased scarcity. The burn rate continued to rise at a slower pace from early April to late April, supporting a gradual price increase or stabilization at a higher level. Another noticeable increase in the burn rate occurred in early May, likely resulting in an upward push in price as the market reacted bullishly. $LUNC #LUNC
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🔴🟠 Binance resumes card purchases! A victory over regulation In a recent development marking a turning point for the crypto industry, Binance, the world’s largest cryptocurrency exchange, announced the resumption of cryptocurrency purchases via Visa and Mastercard. This news comes after a period of regulatory difficulties that had seen these services suspended. 🔸 Purchasing crypto by card now possible again on Binance! Binance’s ability to allow Mastercard users to purchase crypto on the exchange once again is a relief for many investors and platform users. According to reports, Mastercard made the decision to allow purchases related to Binance on its network again after a “thorough review of the strict controls and processes put in place by Binance.” The halting of crypto services by card at Binance in the European Economic Area (EEA) had been previously announced, following the end of Mastercard’s partnership with Binance in several countries, including Argentina, Brazil, Colombia, and Bahrain, last September. This decision came shortly after the SEC filed charges against Binance in June 2023, accusing the crypto exchange of misappropriating customer funds and conducting unregistered securities offerings. As a result, the resumption of cryptocurrency purchases with Visa and Mastercard could signal an end to Binance’s regulatory troubles. 🔸 Binance returns forcefully to the market! The restoration of card payment services is a significant step forward for Binance, which seeks to strengthen its position as the leader in the global cryptocurrency market. With the resumption of card payment services, Binance offers its users greater flexibility and ease of access to purchasing crypto, thereby reinforcing user confidence in the platform. In conclusion, the restoration of crypto purchases by card on Binance is positive news for the exchange and the entire cryptocurrency industry. This could mark the beginning of a new era of stability and growth for Binance and its users. #binance #BNB #MasterCard $BNB
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📉 Bitcoin Dips Again: Temporary Setback or Buying Opportunity? Bitcoin price started a downside correction from the $71,650 resistance zone. BTC is now consolidating and might correct toward the $69,500 support. ● Bitcoin struggled above $71,500 and started a downside correction. ● The price is trading above $70,000 and the 100 hourly Simple moving average. ● There was a break below a key bullish trend line with support at $70,650 on the hourly chart of the BTC/USD pair (data feed from Kraken). ● The pair could decline further if there is a move below the $70,000 level. 🔸 Bitcoin Price Starts Correction Bitcoin price extended its increase above the $70,000 level. BTC was able to clear the $70,500 and $71,200 levels to move further into a positive zone. However, the bears were active near the $71,650 zone. A high was formed at $71,682 and the price started a downside correction. The price declined below the 23.6% Fib retracement level of the upward wave from the $67,285 swing low to the $71,682 high. There was also a break below a key bullish trend line with support at $70,650 on the hourly chart of the BTC/USD pair. The price tested the $70,200 support zone. Bitcoin is now trading above $70,000 and the 100 hourly Simple moving average. On the upside, the price is facing resistance near the $70,800 level. The first major resistance could be $71,200. The next key resistance could be $71,650. A clear move above the $71,650 resistance might send the price higher. In the stated case, the price could rise and test the $72,000 resistance. 🔸 More Downsides In BTC? If Bitcoin fails to climb above the $71,200 resistance zone, it could continue to move down. Immediate support on the downside is near the $70,200 level. The first major support is $70,000. The next support is now forming near $69,500 or the 50% Fib retracement level of the upward wave from the $67,285 swing low to the $71,682 high. Any more losses might send the price toward the $68,500 support zone in the near term. $BTC #BTC #Bitcoin
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