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#Altcoins
👇this.
As said yesterday, see it as an opportunity.
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#Altcoins
Something to keep in mind:
In both bull markets 2016/2017 and 2020/2021, we saw a rather weak market over the Christmas period until around New Year's Eve.
This would be the last chance to buy your fav. Altcoins before it gets completely crazy in Q1.
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A red candle on the S&P after Powell's speech the largest since March 2020, wiping out $2 trillion in market cap. Crypto is still holding up relatively well, all things considered. So much for the #Christmas rally. I think Trump just has to call out Powell tomorrow for pulling stunts like this. #marketcrash
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1h Rekt $297.53M Long $278.55M Short $18.98M Only one HR 🚨
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$BTC is forming a Bearish 3 Drive Pattern. 108K to 113K is a restricted territory for me. I am expecting pullbacks. There are signs of short-term exhaustion in the market. I like to position some in stables. If pullbacks happen, I’ll deploy capital, as simple as that. On the 4-hour chart, MSB has been done and there are signs of a market shift and short-term exhaustion. This time we hedge against the market using stables. Win-win situation.
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The FED cuts interest rates by 25 basis points, bringing them to 4.5% - 4.75%. Now send everything to the moon🚀
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❗️ ACCOMPANYING LETTER #FED ❗️ The Fed predicts only two rate cuts in 2025. ❗️ Fed forecasts suggest a rate reduction of 50 basis points in 2025 and another 50 basis points in 2026. ▫️ The neutral rate forecast has been raised from 2.9% to 3.0%. ▫️ Economic activity continues to grow at a confident pace. ▫️ Labor market conditions have improved since the beginning of the year. ▫️ Unemployment has risen but remains low. ▫️ Inflation has approached the 2% target. ▫️ Risks related to the Fed's dual mandate (inflation/labor market) are balanced. ▫️ Economic prospects remain uncertain. ▫️ Further Fed monetary policy depends on macroeconomic data.
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