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Learning while waiting❗️ Soon, when the top is near, many influencers will ask you questions like, “What if you wake up tomorrow and the price of #Bitcoin is $1M?” This question aims to induce panic if you lack knowledge about this market. However, if you are informed, you know that #Bitcoin will never reach $1M overnight because #BTC moves in stages: consolidation followed by a pump, then consolidation and another pump. It’s worth noting that the longer it consolidates, the higher it pumps (as seen in the chart). Waiting might sometimes be frustrating, but would you feel frustrated if you understood what longer consolidation means? I think you wouldn’t. P.S. Those who bought for the first time yesterday and were hoping to become billionaires tomorrow are welcome to attack below in the comments as usual. Those who are still waiting for $32K to buy in are also welcome to express themselves. $BTC #Write2Earn!
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Bearish Tuesday ⚠️ I am seeing, 90% of the people are sharing screenshots of their losses during yesterday crash. I told everyone two days ago, even yesterday too, Market is giving mixed sentiments, stay away from market for sometime. Now I am seeing most of the people are in loss and asking what to do. I am more bearish now because structure which is forming on $BTC is bearish. $BTC is moving sideways. But i think it will go down more. I am waiting for weekly closing then i would think something more clearly. My suggestions for all of you are to stay away from market till Tuesday's daily closing. #Write2Earn! #Darkknight19073
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Altcoins This is the latest situation. The morning operation was withdrawn from the markets and a significant amount of money was liquidated. They will most likely continue their journey with those who remain standing. #Write2Earn! #Darkknight19073
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👇Why market suddenly down why 🚨🚨🚨 Because the reason is whales. ⚠️⚠️⚠️ Market downturns can be attributed to a variety of factors, and the role of "whales" (large investors) can indeed be significant. Here are some reasons why whales might cause a sudden market drop: 1️⃣ **Large Sell Orders**: When whales decide to sell a large portion of their holdings, it can flood the market with supply, driving prices down. 2️⃣**Market Sentiment**: Whales often have inside knowledge or analysis that small investors lack. Their movements can signal underlying issues, causing a ripple effect as other investors follow suit. 3️⃣**Profit-Taking**: If whales are taking profits after a significant rise, their actions can trigger a sell-off, especially if other investors fear a peak has been reached. 4️⃣**Liquidity Issues**: Whales moving large sums can cause liquidity problems, leading to increased volatility and price drops. 5️⃣**Market Manipulation**: In some cases, whales might intentionally drive prices down to buy assets at lower prices later. To pinpoint the exact reason for a specific downturn, one would need to look at recent market news, economic indicators, and trading data. #Darkknight19073 #Write2Earn!
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🥳On June 10, spot #Bitcoin ETFs recorded an outflow of $61 million. •This was the first day of departure after 19 consecutive days of entry. •Grayscale's #Bitcoin ETF experienced a $39 million outflow. •BlackRock's #BitcoinETF saw inflows of $6 million. #Write2Earn! #ETHETFsApproved
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