Bitcoin Drops 2% on Hotter-Than-Expected U.S. Inflation

The January CPI reading reduced expectations for interest-rate cuts in the next months, weighing on risk assets such as crypto.
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Achieving consistent success in trading requires careful risk management. Set realistic stop-loss levels based on analysis, stay disciplined, and diversify your investments. Remember, emotional decisions can lead to losses. 📈💼
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💥💹Setting wider stop loss levels can help you avoid getting stopped out too quickly. This provides your trades with more breathing room and reduces the likelihood of your stop loss being hit due to short-term price fluctuations. Traders often place stop loss orders at round numbers or technical support/resistance levels.💯
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BITCOIN EYES ON LONGEST WINNING RUN IN A YEAR AS ETF ATTRACT FLOW

Nine new spot Bitcoin funds began trading in the US on Jan. 11 and have attracted more than $9 billion of investor inflows so far. Two of the offerings, from BlackRock Inc. and Fidelity Investments, rank as the most successful ETFs launched based on assets garnered after a month on the market, Bloomberg Intelligence analysts Eric Balchunas and James Seyffart wrote in a note. #Write2Earn #TrendingTopic #crypto anonymous

📈💥The cryptocurrency has risen some 16.3% so far this year, on Monday touching its highest since Dec. 27, 2021. At 11:31 a.m. EST (1731 GMT), bitcoin was up 5.58% on the day at $50,196.#BTC #Write2Earn #TrendingTopic #cryptanonumus

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every dip is a chance to soar.👀
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Peter Brandt Believes Bitcoin’s Price is Going Parabolic — Is He Right About BTC?

9/2/2024