Good morning everyone 🌸 Mt. Gox Is Moving Bitcoin Again 🚨 | Kriptoloji sur Binance Square

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Good morning everyone 🌸
Mt. Gox Is Moving Bitcoin Again 🚨🚨
Mt. Gox has transferred 44,527 #BTC  worth $2.84 billion to internal wallet.It seems like they're preparing for the next repayment
$XRP $PEPE 

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Market Developments and Their Impact on #BTC This week, there are two key events to watch: the #FOMC minutes on Wednesday and Fed Chair Jerome Powell's speech on Friday. These events could significantly impact Bitcoin and other risk assets. $BTC started the week with low volume and sideways movement, reflecting cautious sentiment among investors. A monthly close above $58,700 would be a positive signal, while a close above $61,400 could further strengthen bullish momentum. In the spot market, Coinbase’s continued buying from $49,000 is seen as a positive indicator. However, due to low volumes, it's wise to avoid risky trades. Although this week may seem calm, the FOMC minutes and Powell's remarks should be closely monitored. #PowellAtJacksonHole Wishing everyone a profitable week ahead.

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Whales Continue Buying Despite the Recent Dip: A Positive Long-Term Outlook Despite recent price fluctuations in the cryptocurrency market, large investors, known as "whales," are continuing to accumulate Bitcoin. Wallets holding more than 10,000 #BTC have been steadily increasing their positions over the past month, showing confidence in their long-term strategies despite short-term price drops. Similarly, investors with at least 100 BTC have maintained a buying position for about a month and a half. This persistence in acquiring more Bitcoin, despite market volatility, indicates a positive outlook for the future. When major investors buy during price declines, it suggests they are strategically positioning for long-term gains. There are times when market data and price movements diverge, and this seems to be one of those periods. #ETF investors and Coinbase users are holding their Bitcoin and continuing to buy, with no selling activity observed in whale wallets. On-chain data shows that these large investors are seeing current price levels as an opportunity to accumulate more Bitcoin. Price movements can be misleading and might not reflect the true state of the market. This is why "smart money" typically enters the market before prices rise. The current accumulation by whales could indicate that smart money is positioning for future price increases, suggesting a positive long-term outlook. #LowestCPI2021 In summary, temporary dips in Bitcoin prices have not changed the strategies of major investors. Instead, whales are strengthening their positions, indicating continued confidence in the market's future. $BTC

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We're dealing with the virus, the eruption of Mount Etna, the wars, and global crises all at once. It's as if the universe is telling us, 'There's no rest for you.’ $BTC What are your thoughts on the market, friends? Let's share and discuss our ideas. I'm curious to hear everyone's opinions. Let's meet in the comments! #LowestCPI2021 #MarketDownturn

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#LowestCPI2021 U.S. Initial Jobless Claims data has been released: U.S. Initial Jobless Claims data has been released: - Actual: 227K - Expected: 236K - Previous: 233K Additionally, U.S. Retail Sales data for July has been reported at 1.0%. - Expected: 0.4% - Previous: 0.0% U.S. Core Retail Sales data for July was also released, showing an increase of 0.4%. - Expected: 0.1% - Previous: 0.4% The decline in jobless claims indicates a strong labor market. This development could have a positive impact on the markets by reducing the risk of a recession in the U.S. economy. #BecomeCreator $BTC

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