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Crypto Predattor
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We are most probably bottomed or close to bottom 1-Open interest flushed 2-Market at important daily EMA support 3-Negative funding 4-Max fear in the market and people waiting for lower You Can Take Entry in 2 Parts in BTC in SPOT 1-60k 2-55k Target Range High:72k
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BTC UPDATE 24/06/2024 👇👇 Bitcoin Moving in Range between 73k-60k Range from March 2024. Bitcoin again rejected from Range High and also brokes local supply zone of 63.8k. Currently it's Moving towards next 60k-61k range low and strong support area. We might see it bouncing off from the zone in coming days or we might see some manipulation like previous and then Again Move Towards Range High 73k Area. So Plan Your Trades Accordingly . Stay Safe #Megadrop #BinanceTournament
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#ETH and its Beta coins are pretty much the safest bet for the next 10 days lead up to the ETF launch date. They will continue to have relative strength as compared to the rest of the market. #ETHETFsApproved
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The summer lull has happened every year, even the most bullish ones: - 2017: alts got crushed vs BTC - 2019: 13k top and ensuing correction - 2020: DeFi summer happened because everyone was risk-off majors and everything sucked so farming made sense - 2021: bearish chop until that Trabucco tweet in July - 2022: we died - 2023: chop around 28k - etc… Summer is a good time to tactical-retreat in BTC/ETH/stables and expect less from alts. I don’t think the summer seasonality changes the way the 4 year cycle will play out. 2018 = 2022 = we dead 2019 = 2023 = echo bubble, recovery 2020 = 2024 = constructive & bullish 2021 = 2025 = things get stupid, you sell It’s a stupidly simple mental framework but so far it has worked well. Best use of summer is finding the next PEPE or YFI. Second best use is doing cool IRL things. Enjoy
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The next 12-18 months will be some of the most important in human history. The political battlelines are being redrawn rapidly. A current and former president are fighting over the BTC vote. BTC is being adopted by nation states. Pro- BTC legislation is making it way across the USA. The largest pension and wealth managers in the world are on the verge of allocating into #BTC . States are protecing your right access #BTC and cracking down on the growth of CBDCs. The "anti-crypto" army is losing BIG. To win, all you need to do is stack sats & HODL. #BinanceTournament #Megadrop
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