Bitcoin (BTC) Update

Weekly Close:

Bitcoin didn't end Friday well and is likely to close the week within the $56K range 📉.

Downward Trend:

There's a possibility of further decline to $53-50K 😬.

Large Holders Selling:

Long-term holders (5-7 years) suddenly sold their coins, causing a market drop 🤯.

Uncertainty:

It's unclear why they sold, but if this continues, things might get worse for BTC 🤔.

Current Stage: We're in a downward trend, expecting further decline ⚠.

Reversal Signs: If we reach $53-50K, I'll watch for signs of a full reversal 🔄.

Trend Change:

A short-term trend change requires an update of the last downward high at $63.7K 🔝.

ntroducing IO NET:

Decentralized AI Computing and Cloud Platforme🚀

IONET is a revolutionary platform that uses blockchain technology to provide scalable, secure, and cost-effective computing resources for AI and machine learning applications.

Key Features:🤖

1. Decentralized Infrastructure🌐: Reduces reliance on centralized cloud providers and eliminates single points of failure.

2. AI and Machine Learning Focus🤖: Optimized for AI and machine learning workloads, providing necessary computational power and data handling capabilities.

3. Scalability⚡️: Offers scalable computing resources that adjust to varying demand levels.

Why Buy IO Now?🤔

- Current market conditions present a buying opportunity at the bottom.

- Incremental investments are recommended.

- Indicators suggest prices won't drop much further.

IO Coin Initial Offering (TGE) on Binance Launchpool 🚀

Completed on June 11, marking a significant milestone for (link unavailable)

- IO now accessible to a wider audience, offering vast potential and opportunities.

(link unavailable) Ecosystem🌟

- Extensive network of over 200,000 verified GPUs, including enterprise-grade AI cards.

- Positions (link unavailable) as a key player in addressing the global GPU shortage.

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#IOInternetofGPUs #BinanceTurns7 #US_Job_Market_Slowdown #SOFR_Spike

#IO

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