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How Long the Bitcoin Downtrend Could Last Before Bullish Reversal?🤯 According to Analyst Benjamin Cowen; A widely followed crypto analyst is updating his outlook on when Bitcoin (BTC) could pull off a reversal into bullish territory. In a new video update, crypto strategist Benjamin Cowen tells his 809,000 YouTube subscribers that Bitcoin could continue to print bearish price action until the end of 2024. "How long could the lower high/lower low structure go on for before the trend changes? I think it could go on for as long as the rest of the year. That honestly seems about right to me.” Cowen believes a bullish reversal may not occur until the Fed cuts interest rates by at least 75 basis points, based on what occurred last cycle. The Fed is expected to begin the rate-cutting process in September. However, Cowen also outlines one scenario that could see Bitcoin ending its bearish price action before year-end. “It’s possible that [the bearish pattern] could be broken in October, as rate cuts arrive if perhaps the neutral rate is higher than the Fed thinks… If they were to cut and they end up going to a level that’s lower than the neutral rate, then it’s possible that the downtrend could be over as early as September, when they cut rates. I would say that’s the optimistic scenario. I would say the more moderate scenario is by the end of the year, because last cycle it took about 75 basis points of rate cuts to basically take out that lower high structure. And there’s a good chance that the Fed is going to take several meetings to get 75 basis points of rate cuts in. It might actually take until the end of the year, and then you might get a spring back up in January 2025.”
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Gravity Drop Alert: Could Binance’s Gravity Token Be Your Ticket to Millionaire Status? 🤯 Before diving into this project, let’s break down the essentials you need to know. Gravity Token ($G ): A Quick Overview @Gravity Token ($G) is the heartbeat of the Gravity blockchain, a cutting-edge Layer 1 omnichain smart contract platform. This innovative system is designed to streamline complex cross-chain interactions, connecting multiple blockchains effortlessly and securely. As Gravity Token ($G) makes waves on Binance, it’s capturing attention for all the right reasons. The recent launch of the #GravityAlphaMainnet has set the stage for a new era in blockchain communication, offering unmatched cross-chain capabilities and ironclad security. Why Gravity Token ($G) Deserves Your Attention: 1. Utility: G is the fuel for transaction fees on the Gravity blockchain. 2. Governance: Holders of G have a say in crucial network decisions through voting. 3. Staking: Stake your Gtokens to earn rewards and help maintain network security. What’s in It for GHolders? - Governance: Influence the future of the Gravity network by voting on key decisions. - Staking: Secure the network and earn rewards by staking your Gtokens. - Utility: Utilize Gto pay transaction fees within the expansive Gravity ecosystem. What’s Next for the Gravity Chain? - Expansion: The team plans to bring more blockchains into the fold, boosting interoperability. - Innovation: Expect new features that will further enhance scalability and functionality. - Adoption: Gravity is set to become a go-to solution for decentralized apps and cross-chain projects. Galxe’s Future Supercharged by Gravity: - Enhanced Capabilities: Gravity’s infrastructure will bolster scalability and security. - Innovation: Pioneering new features and solutions for decentralized applications. - Growth: Expanding adoption and integration, solidifying its place in the blockchain world. #GravityAlphaMainnet
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Unveiling the Future of Web3: Gravity's $G Token and Alpha Mainnet💥🤯 In the ever-evolving blockchain world, Gravity's Alpha Mainnet is a game-changer. This advanced Layer 1 omnichain smart contract platform is set to transform cross-chain functionality and decentralized innovation. Gravity's Vision: Redefining Interoperability Gravity addresses major blockchain challenges—efficiency, scalability, and security. Its omnichain architecture enables seamless cross-chain communication, breaking down barriers and enhancing interoperability. The Power of $G: Key to the Gravity Ecosystem The $G token is central to Gravity’s ecosystem, offering: - Governance: $G holders shape the future through the Gravity DAO, ensuring community-driven decisions. - Staking: Stake Gto support network security and stability, while earning rewards, benefiting both Gravity and Galxe. - Ecosystem Utility: As the native gas token, G powers transactions on the Gravity Chain and within the Galxe ecosystem. Looking Forward: Gravity’s Future The Alpha Mainnet is just the start. Expect: - Improved Interoperability: Gravity’s infrastructure will foster a more interconnected Web3 environment. - Growing Adoption: Gravity’s robust features will attract diverse projects, driving blockchain adoption. Galxe Powered by Gravity: A Synergistic Future Gravity and Galxe together will: - Enhance Scalability: Improve the efficiency of Galxe applications. - Expand Utility: Gwill play a broader role in Galxe, supporting transactions, governance, and incentives. #GravityAlphaMainnet
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Earn $100+/per day? Beginners Guide💥 To make $100 each day on Binance, you can try different trading methods, each with its own way of working and level of effort required 1. Day Trading: This means buying and selling assets within the same day to take advantage of quick price changes. You need to watch the market closely and use tools to find good trading opportunities. 2. Scalping: This is a fast-paced strategy where you make many small trades throughout the day to capture tiny price movements. It requires quick decisions and a lot of time. 3. Swing Trading: With this approach, you hold onto assets for a few days or weeks to benefit from short to medium-term price changes. It relies on understanding market trends and using analysis to decide when to buy and sell. 4. Using Trading Bots: Binance offers trading bots that can automatically make trades based on set rules and algorithms. This lets you trade all day with little effort on your part. 5. Yield Farming and Staking: These methods let you earn passive income by providing liquidity to trading pairs or staking certain cryptocurrencies. You don’t need to trade actively, but you should choose your assets carefully and be aware of the risks. Each method has its own pros and cons, so it’s a good idea to start with a small investment to try out your preferred strategy and manage your risks carefully.
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Buy the Dip or Panic? 🚨 Hold on! The market’s shaky, but should you buy the dip? Three coins are set for big gains, but the plummeting US dollar index could shake things up. Big news for Fet is coming soon, and Ethereum—down 40%—might be a steal. I’m also planning to exit one coin soon. Read on to find out why! Ethereum: Bounce Back or Bust? 🤔 Ethereum’s drop could be a buying opportunity. Whales are scooping up Ether, creating scarcity. With a major upgrade coming, expect a price surge—this is a long-term play you shouldn’t miss. AI Sector Ready to Explode Again! 🚀 AI is set for another wave of hype! Apple’s iPhone event on September 10th will fuel this. I’m eyeing Fet and Render for a rally. Missed Nvidia’s gains? Buy on dips before the event. Political Drama and Strategic Moves 🗳️ Zuckerberg’s surprise turn on Biden could boost Trump. I’m holding People until the September 10th debate, but plan to sell right after—timing is everything! Final Thoughts: Stay Strong 💪 The weakening US dollar signals a bullish future for Bitcoin. Don’t get shaken out—hold tight, buy dips, and let your patience pay off next year.
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