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Max Cryptobuddy
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🚀 Hey, New Yorkers! Robinhood is now offering Shiba Inu ($SHIB), Avalanche ($AVAX), and Compound ($COMP) for trading. Despite a recent dip, $SHIB is showing signs of a potential rally. Why? 🔥 A 500% increase in its burn rate is creating scarcity, which could drive up value. 🔄 A shift from centralized entities to self-custody is reducing selling pressure. 💡 Developments in Shibarium, $SHIB's Layer2 blockchain network, are also promising. Got thoughts on this? Share below! 🗨️ #CryptoNews #DeFi #Layer2

🚀 Hey, New Yorkers! Robinhood is now offering Shiba Inu ($SHIB), Avalanche ($AVAX), and Compound ($COMP) for trading. Despite a recent dip, $SHIB is showing signs of a potential rally. Why?

🔥 A 500% increase in its burn rate is creating scarcity, which could drive up value.

🔄 A shift from centralized entities to self-custody is reducing selling pressure.

💡 Developments in Shibarium, $SHIB's Layer2 blockchain network, are also promising.

Got thoughts on this? Share below! 🗨️ #CryptoNews #DeFi #Layer2

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Max Cryptobuddy
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📉BTC's had a rollercoaster ride since 2022's bear market, with pullbacks of up to 23%. But hey, every cloud's got a silver lining, right? 🌈 - 2022 was rough, with BTC plunging to $16,600, a low not seen since Nov 2020. - 2023 saw a series of 20%+ dips, but BTC rallied till mid-Jan 2024, thanks to the US approving the first wave of spot Bitcoin ETFs. - 2024 has been a mixed bag, with a 21% drop in Jan, a rally, and then another 18% fall. Crypto analyst Rekt Capital suggests these pullbacks could be golden opportunities. As BTC hovers between $60,000 and $70,000, another 18% dip could be on the cards. But remember, past pullbacks have often led to solid returns. So, keep those eyes peeled for the next -20% dip. It could be a bargain-buying bonanza! 💰 What's your take? Are you ready to grab the next BTC dip? Let's chat below! #BTC #CryptoMarket
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🔮#Ethereum's price is dancing on the edge, testing the crucial 100-day moving average at $3086. Will it hold or break? 📉🤔 - After a period of consolidation, Ethereum's price has seen increased selling activity, leading to a slight decline. - The price is now testing a significant support level, the 100-day moving average. - However, current market sentiment suggests a lack of buying activity, hinting at a potential bearish trend. 🔍On the 4-hour chart, Ethereum's price experienced a bullish reversal after notable buying pressure. But, sellers soon took control, causing a renewed bearish downturn. 📊Sentiment analysis shows a sharp decline in the Taker Buy Sell Ratio, suggesting Ethereum's bearish trend could persist in the mid-term. What's your take on this? Will the bulls step in or are we heading for a plunge below $3K? Share your thoughts below! 👇 #ETH #CryptoNews
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📉 Bitcoin (BTC) took a 4.5% tumble from $66,700 to $63,500, dragging other big altcoins like Avalanche, Shiba Inu, Toncoin, Solana, and Cardano with it. 😲 💸 On the same day, spot Bitcoin ETFs saw outflows of $120M, breaking a three-day inflow streak. BlackRock's IBIT ended its 71-day inflow streak, while Grayscale's GBTC continued its outflow trend. 📊 Despite the dip and ETF outflows, experts urge calm. Bloomberg ETF analyst James Seyffart reminds us that zero inflows on ETFs are a regular occurrence and not a cause for alarm. 🤔 What's your take on this? Are you holding or selling? Share your thoughts below! #BTC #CryptoMarket #ETFOutflows #HODLorSell
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📈 Bitcoin's rollercoaster ride continues! After standing tall at $66K, it took a dip to just over $64K. 🎢 The market's a bit shaken, with over $200M in liquidations. But hey, don't lose heart! The market's always full of surprises. BTC even touched $67K at one point. 🌍 Global events like the tension between Iran and Israel played their part. But as things cooled down, BTC bounced back to around $65K. Altcoins? They're feeling the heat too. Solana, Toncoin, Dogecoin, Avalanche, Shiba Inu - all took a hit. 💬 What's your take on this? Do you see a rebound in sight or is it time to brace for more dips? Share your thoughts! #Bitcoin #CryptoMarket Remember, the market's a game of patience and strategy. Stay positive, folks! 🚀 #DeFi #Web3
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🚀 Bitcoin's future is looking bright, folks! Standard Chartered's head of digital assets research, Geoff Kendrick, predicts a bullish trend for BTC 📈. Why? - The recent BTC halving has led to a less leveraged market. - This, coupled with potential positive news from the Iran-Israel situation, could fuel an uptrend. 💥 The recent market shakeup saw BTC drop from $71K to $61K in a day, leading to a massive $1.8 billion liquidation. But don't fret! Kendrick believes this has cleared the path for a BTC rally. 📊 He also sees inflows into Bitcoin ETFs as a major driver. Although currently stalled, he expects $50-$100 billion inflows in the next 18-24 months as the market matures. 🎯 Kendrick's end-of-year price target for BTC? A whopping $150K! And by 2025, he predicts it could hit $200K-$250K if Bitcoin ETF inflows reach $75 billion. What do you think? Will BTC hit these targets? Share your thoughts below! 👇 #Bitcoin #CryptoNews #DeFi
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