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Many newcomers on CT expect instant election results tomorrow, predicting $BTC will react with a quick pump or dump. However, counting takes time—especially if the race is tight, as we anticipate between Trump and Harris. While CT largely views Trump as the likely winner, broader media and sentiment outside of crypto suggest Harris may have a slight edge, though that could still shift. This is shaping up to be a very close race, with final results expected around November 7-10. Dont overtrade or trade at all; we may be heading into the most volatile week for crypto this year
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Look at the last few months—nothing has changed. The first week or 10 days, BTC dip as if it’ll never end; then, the last two weeks of the month, we pump like there’s no tomorrow. They play the same game every time, and every time, people fall for it. End of month: 77k+ confirmed.
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Being bullish doesn’t mean you need to long every dip or only look for long opportunities. As a trader, your top priority is to remove any bias from your mind and the chart. Look at the chart as if you’re asking it where it will go. Too often, traders do the opposite—they try to tell the chart what to do and end up getting rekt.
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💰 Total spot Bitcoin ETF trading volume surpasses $4.5 billion today. • BlackRock: $3,300,592,515 • Fidelity: $548,084,739 • Grayscale: $388,230,348 • ARK Invest: $136,048,673 • Bitwise: $130,402,168 • VanEck: $39,580,884 • Invesco: $17,365,883 • Franklin: $9,852,353 • WisdomTree: $6,770,258 • Valkyrie: $6,052,531 • Hashdex: $58,168 #Etf
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I know a lot of you are feeling worried about the market. I’ve gotten many messages from people scared to buy or even hold their current assets. Here are a few insights from my years of experience: 1. **Tether FUD**: Tether rumors often mark market bottoms. This kind of news isn’t new; we’ve seen it for almost a decade, and this time it only lasted minutes. 2. **War Impact**: Sadly, wars often boost markets—not immediately, but crypto can act as a hedge in times of conflict. 3. **BTC Dominance**: BTC dominance has likely hit or is near its peak. After the Israel news, altcoins dropped, and BTC dominance rose sharply. 4. **Elections**: With U.S. elections days away, we might see one last drop before a major pump. The market still looks strong, and BTC is holding around 67K. If you’re still nervous, crypto might not be the right space for you.
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