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BitcoinDump
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Bearish
📉📉 Wondering why #Bitcoin is taking a dip? Here are a few factors shaking up the market: 1ïžâƒŁ Historical patterns: After every halving, BTC tends to correct, and we're witnessing just that after a meteoric rise from $15k to $73k. 2ïžâƒŁ GDP disappointment: US GDP projections fell short, sparking recession fears. This sent shockwaves through S&P 500, NASDAQ, and the crypto market. 3ïžâƒŁ Biden's tax talk: Biden's proposal for record-high capital gains tax at 44.6% rattled investors. A 25% tax on unrealized gains for high-net-worth individuals added to the jitters. 4ïžâƒŁ Israel tensions: Escalating tensions with Israel striking 40 Hezbollah sites in Lebanon added geopolitical uncertainty, prompting a knee-jerk reaction in Bitcoin prices. What's next? Low GDP could push the FED toward rate cuts, potentially offsetting some concerns. Despite fluctuations, BTC support at $60K remains robust, signaling strong buy orders. In the midst of volatility, stay informed and keep an eye on potential buying opportunities. đŸ“‰đŸ’Œ Remember, every dip could be a chance to scoop up some golden bargains! 💰✹ #BitcoinDump #MarketInsights 🚀📉
📉📉 Wondering why #Bitcoin is taking a dip? Here are a few factors shaking up the market:

1ïžâƒŁ Historical patterns: After every halving, BTC tends to correct, and we're witnessing just that after a meteoric rise from $15k to $73k.

2ïžâƒŁ GDP disappointment: US GDP projections fell short, sparking recession fears. This sent shockwaves through S&P 500, NASDAQ, and the crypto market.

3ïžâƒŁ Biden's tax talk: Biden's proposal for record-high capital gains tax at 44.6% rattled investors. A 25% tax on unrealized gains for high-net-worth individuals added to the jitters.

4ïžâƒŁ Israel tensions: Escalating tensions with Israel striking 40 Hezbollah sites in Lebanon added geopolitical uncertainty, prompting a knee-jerk reaction in Bitcoin prices.

What's next? Low GDP could push the FED toward rate cuts, potentially offsetting some concerns. Despite fluctuations, BTC support at $60K remains robust, signaling strong buy orders.

In the midst of volatility, stay informed and keep an eye on potential buying opportunities. đŸ“‰đŸ’Œ Remember, every dip could be a chance to scoop up some golden bargains! 💰✹ #BitcoinDump #MarketInsights 🚀📉
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Bearish
Most likely A recession will come at lately 2024, right after US starts cutting rate. But historically there were sometimes late pumps (BlowOffTop) before a huge crash (delayed). Sometimes It crashed straightly right after US starts cutting rate #Reccesion #MarketCrashed #BitcoinDump #MarketDown
Most likely A recession will come at lately 2024, right after US starts cutting rate.

But historically there were sometimes late pumps (BlowOffTop) before a huge crash (delayed).

Sometimes It crashed straightly right after US starts cutting rate

#Reccesion #MarketCrashed #BitcoinDump #MarketDown
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