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⚠️ Is Another U.S. Recession Around the Corner?
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Why a U.S. Recession Isn’t Likely to Happen
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🚨📉 𝗕𝗧𝗖'𝘀 𝗡𝗘𝗫𝗧 𝗠𝗢𝗩𝗘: 𝗔𝗧𝗛 𝗼𝗿 𝗗𝗥𝗢𝗣‼️ If we look from the perspective of the 1D chart of $BTC , it once tried to break the support that was previously a resistance around 71,450. However, remember that this is an old, weak support for now. Since the entire market is in a state of greed, this support is considered a weaker one in my opinion. If we take things from this perspective, there are a lot of chances in the next 8 hours that BTC will create a new all-time high (ATH) by successfully breaking 73,750. However, as soon as it creates an ATH, a correction is likely to happen right after that moment because the sellers at 73,000 are much larger than we can even imagine. In the alternative scenario, if BTC breaks the support of 71,450, meaning if it closes a candle below that level, it's likely that BTC will head towards 58,600. If you think that’s too far down, consider that, according to the US elections, we can expect volatility rather than a sharp increase. For instance, if Trump wins, don’t expect BTC to jump to 100k; that's a baseless target. It will take time. It’s not as if Satoshi will reveal his identity on US election day, and you’re creating hype around that. That’s just hype. I’m not saying it won’t impact the cryptocurrency cycle, but we won’t see big green candles immediately after the results or rumors of Trump winning spread! Moreover, 58,600 is just an analysis based on what the chart is showing. Before that, 61,500 is a support level, followed by a weaker one at 64,260, then 68,900, and a strong support at 66,550. #BTCBreak71K #BTC1D #USADPSurges #EmperorMajesty #bitcoinnewsupdate
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$BTC 𝗕𝗨𝗟𝗟𝗦 𝗔𝗪𝗔𝗥𝗘 ⚠️🔥 People who are blindly opening long positions, thinking BTC will go up and increase their portfolio, and those advising others to open long positions are just daydreaming. There's no "moon" for now, no "Mars" for now. BTC might break its all-time high, but do you remember the 2021-22 crash? BTC fell nearly halfway after reaching a new high. After hitting 64k, it dropped to 30-34k—that's a crash! October was historically a month for gainers over the past several years, but have you seen how November typically reacts? There's nothing new; the historic data remains the same. There's not much liquidation on the upside; instead, it’s on the downside. Israel is attacking Iran, the dollar is on the brink of collapse, debt is increasing, yet every stock is generating record profits. How are they making these profits? Microsoft is considering integrating BTC payments, or perhaps they're thinking of buying again. A few months ago, Germany sold, but now El Salvador is buying. Interest rates are booming, yet at the same time, the Fed is cutting rates. Why? Just to lure you in—they’re throwing scraps to small investors, while retail traders will eat you up and liquidate all your shorts and longs! I’ll say it again: you’re not prepared for what’s coming next! Soon, you'll be posting your losses on Square and other platforms, recounting how much you lost. #BTCBreak71K #EmperorMajesty #BTC1D #bitcoinnewsupdate #USJobOpeningsDip
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$USTC / USDT - What To Expect! 🚨📈 USTC (TerraClassicUSD) was initially an algorithmic stablecoin tied to the Terra ecosystem, designed to maintain a $1 peg by balancing with LUNA. In 2022, it lost this peg after a market collapse, resulting in significant losses and market impacts. Today, USTC trades as a volatile asset, with ongoing community efforts to explore its potential uses within Terra Classic. Currently, USTC is trading between its most important support and resistance zones; the key resistance is at 0.02472, and the main support level is at 0.02040. I think USTC will most likely go down, as the entire market is expected to decline, which USTC would follow. In my opinion, the USTC team is working hard to restore the 1:1 stablecoin status, aiming to reform USTC from a common cryptocurrency back to a stable one. Although it faces many challenges and competition, if someone wants to invest, the future seems bright to me. Despite the ups and downs, I believe USTC will eventually rise remarkably, surprising those who doubted its potential as an investment. ⭐ Suggestion By @PIRADDIN To Analyze $USTC Future!! #EmperorMajesty #USTC/USDT #USTC... #USTCsurge #USTCUSDT
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