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Zephaniah Trader
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Why is Bitcoin on a downward trend? BTC's value dropped 6% since Monday ๐Ÿ“‰ This happened after comments from Fed policymakers suggesting prolonged high interest rates ๐Ÿ‡บ๐Ÿ‡ธ Decrease in expected this year is less likely ๐Ÿ“‰ High rates boost the dollar index by 1.00% in a week ๐Ÿ“ˆ Pushing the 10-year US Treasury note up โฌ†๏ธ This adversely affects BTC ๐Ÿ“‰ Capital inflows into ETFs remain low ๐Ÿ“‰ Only Bitwise fund got $11.5 million on 05/08 ๐Ÿ’ฐ Whales are buying when BTC dips ๐Ÿ‹ Santiment data shows wallets with 1โ€“10k BTC accumulated 15k BTC worth $941m in 24 hrs ๐Ÿ’ผ #BinanceLaunchpool #ETHETFS #altcoins #MicroStrategy #CryptoWatchMay2024 $BTC

Why is Bitcoin on a downward trend?

BTC's value dropped 6% since Monday ๐Ÿ“‰

This happened after comments from Fed policymakers suggesting prolonged high interest rates ๐Ÿ‡บ๐Ÿ‡ธ

Decrease in expected this year is less likely ๐Ÿ“‰

High rates boost the dollar index by 1.00% in a week ๐Ÿ“ˆ

Pushing the 10-year US Treasury note up โฌ†๏ธ

This adversely affects BTC ๐Ÿ“‰

Capital inflows into ETFs remain low ๐Ÿ“‰

Only Bitwise fund got $11.5 million on 05/08 ๐Ÿ’ฐ

Whales are buying when BTC dips ๐Ÿ‹

Santiment data shows wallets with 1โ€“10k BTC accumulated 15k BTC worth $941m in 24 hrs ๐Ÿ’ผ

#BinanceLaunchpool #ETHETFS #altcoins #MicroStrategy #CryptoWatchMay2024 $BTC

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๐Ÿ“† Yesterday, I noticed a section of BOME hadn't been released, and it wasn't fully spread. ๐Ÿ”„ Today, it's fully spread, and the current market value hits $720 million! ๐Ÿ’ฐ Buying at spot below 0.01 is advised to catch the dip and wait for a surge. ๐Ÿš€ This token could hit Binance in just three days. Time to seize the opportunity!#BinanceLaunchpool #ETHETFS #altcoins #BlackRock #CryptoWatchMay2024 $BOME
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Bitcoin fans, get ready! ๐Ÿ˜ฑ A Bitcoin purse that's been asleep for 10.3 years just woke up and moved a massive 687.33 BTC, valued at nearly $44 million! ๐Ÿš€ This wallet got these bitcoins in January 2014 when BTC was only $917. ๐Ÿ•ต๏ธโ€โ™‚๏ธ This sudden activity from a Satoshi-era wallet has ignited curiosity and speculation in the crypto community. The wallet divided its holdings, sending 625.43 BTC to one address and the remaining 61.9 BTC to another. Some suspect these old wallets could be linked to Bitcoin's creator, Satoshi Nakamoto. ๐Ÿณ๐Ÿณ Despite the theories, experts believe these wallets likely belong to early miners or investors taking advantage of Bitcoin's rebound. BTC has risen nearly 4% over the past week, reaching about $65,500 before pulling back. The transfer raises concerns about a potential sell-off, possibly signaling a move to unload a large Bitcoin stash. ๐Ÿ“ˆ When Bitcoin's price soared above $70,000 earlier this year, several dormant whales woke up. One such whale, who amassed nearly 4,300 BTC a decade ago at less than $30, made their first transfer in over ten years, moving 246 BTC worth close to $17 million. ๐Ÿ” A recent study discovered approximately 1.75 million Bitcoin wallets inactive for a decade or more. These wallets hold a total of 1,798,681 bitcoins, valued at roughly $121 billion. These "lost" coins represent about 8.5% of Bitcoin's total supply of 21 million, with 93% of the total supply already mined. ๐Ÿ” The fate of many dormant wallets is uncertain, but it's probable that a significant portion of them are permanently lost due to forgotten private keys. So, keep your keys safe, folks! ๐Ÿ”‘๐Ÿ”’#BlackRock #MicroStrategy #CryptoWatchMay2024 #bitcoinhalving #Memecoins $BTC
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$PEPE #altcoins ๐Ÿ” Looking for the Next 100x-200x Altcoins? Seek no more! ๐Ÿš€ ๐Ÿ“œ If you're searching for altcoins with the potential to soar during this bull run, then check out this essential list: - ๐Ÿ’ฐ $SOL - ๐Ÿ’น $MATIC - ๐Ÿถ $Doge - โš’๏ธ $Rune - โ›๏ธ $LTC - ๐ŸŒ $NEAR - ๐Ÿธ $PEPE ๐Ÿ“ˆ In the previous bull run, a few tokens yielded over 100x returns. However, replicating similar gains with those tokens this time is proving to be challenging. Consider MATIC, for example, with a current market cap of $6.9 billion. While it has strong fundamentals, achieving 100x returns would require reaching a whopping $690 billion market cap, a significant obstacle. ๐Ÿ”Ž To uncover the next batch of 100x altcoins, focus on new tokens with compelling stories and low market caps. These hidden gems offer the potential for enormous returns and could be the key to unlocking your crypto fortune! ๐ŸŒ๐Ÿ’น #altcoins #BullorBear #Memecoins #BTC๐Ÿ”ฅ๐Ÿ”ฅ๐Ÿ”ฅ๐Ÿ”ฅ๐Ÿ”ฅ
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๐Ÿšจ๐Ÿ”ท๏ธ The Ultimate Guide to Buying the Dip: A Comprehensive Strategy๐Ÿ”ท๏ธ๐Ÿšจ As you might know, altcoins tend to skyrocket about a year after the halving, so it's vital to purchase before the surge. But how can we effectively "buy the dip"? In this post, I'll present a thorough strategy to assist you in navigating the market and maximizing your investments. ๐Ÿ“ˆ **When to Buy:** The typical bull run pattern goes like this: halving โ†’ Correction & Accumulation โ†’ ATH. We can split this period into two phases: - **Stage 1 (Buying):** This phase might last for months post-halving, and our objective is to build up our positions. - **Stage 2 (Fixing):** As the market approaches its peak, we start securing our profits. ๐Ÿ’ฐ **How to Buy:** Buying the dip is a nuanced process, and you shouldn't invest all your money at once. Instead, employ the cost-averaging strategy: 1. Divide your portfolio into smaller portions (e.g., $100, $200, $300, $400 for a $1k portfolio). 2. Purchase each time Bitcoin drops by 5-7%, as altcoins react more sharply to these downturns. ๐Ÿ”„ **The overall strategy resembles this:** 1. Check if we're in the dip-buying season. 2. Verify if the altcoin remains undervalued. 3. Purchase according to the outlined plan: - BTC drop by 5% = buy for $100 - BTC drop by 10% = buy for $200 - BTC drop by 15% = buy for $300 - BTC drop by 20% = buy for $400 Remember, this is only one viewpoint and approach. Always conduct your own research (DYOR) and never invest more than you can afford to lose. Happy trading, and may the gains be with you! #Megadrop #btc #DollarCostAveraging #BuytheDips #Hotternds
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Optimism (OP): ๐ŸŒŸ On April 29, 2024, there will be a token unlock for Optimism (OP), which will release an amount equivalent to 2.31% of the circulating supply into the market. This release will introduce approximately 62 million USDT worth of OP tokens at the current price into circulation. ๐Ÿš€ Manta Network (MANTA): ๐Ÿฆ‘ On April 30, 2024, Manta Network (MANTA) will undergo a token unlock, which will release an amount equivalent to 0.75% of the circulating supply into the market. This release will introduce approximately 3.77 million USDT worth of MANTA tokens at the current price into circulation. ๐ŸŒŠ dYdX (DYDX): ๐Ÿ”„ On May 1, 2024, dYdX (DYDX) will undergo a token unlock, which will release an amount equivalent to 10.72% of the circulating supply into the market. This release will introduce approximately 80 million USDT worth of DYDX tokens at the current price into circulation. ๐Ÿ’น #BitcoinETFs #BinanceLaunchpool #ScamRiskWarning #BitcoinETFs #HKETF $DYDX $MANTA
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