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Jerome Powell said that the Federal Reserve System is not declaring victory over inflation.
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Imagine the horror of those who bought BTC above 70,000. if Bitcoin retests the monthly opening and completely wipes out this Trump Pump before the next surge up. In fact, this would be a good setup, but many will perceive it as bearish (and it will be a bear trap). We cannot exclude such an option. I don't know 100% exactly what will happen (no one does), but the graph looks like there should be a hike to 69-72k. Next, Bitcoin will be ready for $78-$80k (when everyone who bought in the range from 72 to 77 will sell).
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Maybe such a correction
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A week ago: ah, the end of the ether, the scammer's swindler. Now: how to buy Ether?)
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January 20, 2025 is the day when Bitcoin will pass the point of no return. The world's largest countries will start a race for every remaining Bitcoin....
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Right now they give 28.6 ounces of gold for Bitcoin (btc price $76189) At the peak of the last bull market in November 2021, a record 37 ounces of gold were given for Bitcoin. Thus, today's price is about 77% of the historical peak of 2021, that is, we need to see $98,946 to meaningfully talk about a real historical peak in this cycle.
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