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#NewProfiIePic  NFT di @BoredApeYC
Mi annoio alle feste
È così bello possedere una scimmia del genere che si adatta a me🙏
#bayc 

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🚨Bitcoin Rebounds, But How Far Will It Go? ✅Bitcoin, always ready to surprise, recently tested a crucial support level. This development could well be the beginning of a new bullish phase for the crypto asset, which is generating increased interest from investors. Details below! 🚨A decisive rebound for bitcoin ✅After touching the support level at $63,193.80, Bitcoin signaled a bullish trend reversal . This point, having already served as a strong support during previous pullbacks, was a clear indicator of a potential significant rebound for the currency. ✅The repetitive nature of this support shows investors’ confidence in the currency’s ability to stabilize and move forward after periods of volatility. Price predictions now point to a target of $71,972.46. Market trend analysis indicates that the crypto asset could even target its all-time high of $73,835.57 if current conditions persist. 🚨Factors supporting the upward trend ✅One of the key factors supporting bitcoin’s recent surge is the growing interest in bitcoin ETFs. According to crypto analyst Ali, demand for spot bitcoin ETFs is outpacing available supply, reflecting an intense accumulation phase. This appetite for ETFs, combined with limited post-halving supply, has created an imbalance that is favorable for a price rally. ✅Fundamental indicators, such as Market Value to Realized Value (MVRV), also support this bullish trend. Glassnode reports that MVRV remains positive, indicating healthy and optimistic market sentiment over the long term. This backdrop is reinforced by the possibility of short positions being liquidated. According to the latest data, a liquidation target at $65,200 could be reached, potentially freeing up $42.16 million in short positions. This phenomenon adds to the bullish sentiment and may contribute to upward price momentum. #ETH_ETFs_Trading_Today #Bitcoin_Coneference_2024 #BinanceTurns7 #BinanceHODLerBANANA #ETH_ETFs_Approval_Predictions

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🚨crypto matrix will give $ for everyone ✅If you do this ,comment there to know you to send u the $🫡💰 IG/ Elliotcrypto_ #ETH_ETFs_Trading_Today #Bitcoin_Coneference_2024 #BinanceHODLerBANANA #BinanceTurns7 #GIVEAWAY🎁

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🚨Bitcoin Could Hit New Highs Again This Month! ✅July is often a turning point for Bitcoin. A period when the crypto asset shows signs of recovery after significant declines. As July draws to a close this year, BTC is still struggling to break the $70,000 mark. Investors are wondering if the crypto could surprise again before the month closes. 🚨July, a decisive month for bitcoin ✅Since 2013, July has consistently marked turning points for the price of Bitcoin. The crypto asset typically sees a significant increase during this period. In 2020, for example, BTC saw a spectacular 24% increase in July, kicking off a major bull cycle. As of early this July, this historical trend has analysts anticipating a potential 10% to 25% increase. ✅However, the recent drop in bitcoin’s price , which has lost more than 7% in a week, seems to contradict this positive trend. Analysts attribute this decline to a decrease in interest in Bitcoin ETFs, with significant withdrawals observed in major funds such as Fidelity Wise Origin and Grayscale Bitcoin Trust. 🚨Prospects and challenges for bitcoin ✅Despite the recent declines, there are signs of recovery. The Pi Cycle Top indicator, for example, suggests that bitcoin’s price has reached its low point of the year, a potential prelude to a recovery. Technical analysis also shows an increase in buying pressure, which could reverse the current bearish trend. ✅On the macroeconomic front, US stock markets, often closely followed by bitcoin, have posted significant losses. However, signs of better-than-expected economic growth could improve the climate for crypto investments. ✅The imminent resolution of a lawsuit accusing Tether (USDT) of market manipulation could also influence trends. A favorable outcome could restore investor confidence and catalyze a rally for bitcoin. #BinanceTurns7 #ETH_ETFs_Trading_Today #BinanceHODLerBANANA #ETH_ETFs_Approval_Predictions #BTC☀

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🚨Crypto: Celebrity Memecoins Drop 94%! Why? ✅In June 2024, celebrity memecoins suffered a dramatic decline! With an average decline of 94% from their all-time highs. Even the best-performing tokens, such as Mother and Daddy, were not spared, with losses exceeding 70%. This alarming situation raises questions about the reasons for this collapse and the future prospects for these popular cryptos. 🚨The Causes Behind the Fall of Celebrity Memecoins! 🔺Excessive speculation: Memecoins are often launched with a lot of hype , attracting investors looking for quick profits. However, this speculation can lead to bubbles that quickly burst when interest wanes. 🔺Lack of strong fundamentals: Unlike established cryptos like Bitcoin or Ethereum, celebrity memecoins often lack strong use cases or robust underlying technologies. They rely primarily on the fame of the celebrity backing them. 🔺Market Manipulation: Celebrities and influencers can manipulate the market. This is by promoting their memecoins and then selling their shares when prices are high! Leaving ordinary investors with significant losses. 🔺Increased regulation: Regulators are starting to scrutinize memecoins more closely, which could scare off crypto investors and lead to massive selloffs. 🚨Crypto Meme Market Predictions ✅Despite the current drop, celebrity memecoins could see temporary rebounds. Especially, if new celebrities enter the market or media events draw attention to these tokens. However, volatility will remain high, and crypto investors should be prepared for significant price fluctuations. #BinanceHODLerBANANA #ETH_ETFs_Trading_Today #US_Job_Market_Slowdown #ETH_ETFs_Approval_Predictions

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🚨Crypto: BlackRock doubts approval of Solana and XRP ETFs! ✅Hopes for the introduction of new crypto ETFs are met with notable skepticism, despite the recent approval of an ETF on ether. Indeed, BlackRock’s head of digital assets, Robert Mitchnick, recently expressed reservations about the future of ETFs for altcoins like Solana and XRP. His comments have sparked mixed reactions in the industry. 🚨BlackRock's Outlook on Crypto ETFs ✅Robert Mitchnick recently expressed doubts about the approval of new ETFs based on altcoins such as Solana (SOL) and Ripple (XRP). In an interview with Bloomberg’s James Seyffart at the Bitcoin Conference 2024, Mitchnick said, “I don’t think we’re going to see a long list of crypto ETFs.” He noted that bitcoin and ether make up 55% and 18% of the total market cap, respectively. In terms of maturity and liquidity, these two cryptos far outperform other altcoins. ✅Mitchnick noted that assets like Solana don’t even represent 3% of the total market cap. This makes them less attractive for ETFs. He also discussed the SEC’s cautious stance, which he said is uncomfortable with ETFs offering staking services. This could hamper the development of new ETFs based on other cryptos, despite growing interest from institutional investors. 🚨Divergent reactions in the industry ✅Nate Geraci, president of ETH Store, disagreed with Mitchnick’s statements. He noted that Europe has already integrated similar financial products for altcoins like Solana, XRP, and Cardano. ✅“You only have to look at Europe to see ETPs on SOL, XRP, ADA, etc.,” he said. Geraci added that the adoption of similar products in the US would require regulatory changes. However, he remains optimistic that this is a possibility. ✅Mitchnick’s comments and the reactions they have generated highlight the challenges and differences of opinion surrounding the integration of altcoins into ETFs. #ETH_ETFs_Trading_Today #BinanceTurns7 #ETH_ETFs_Approval_Predictions #Bitcoin_Coneference_2024

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