#STRK✈️ buy now good price

#NOTCOİN long now

#omni If the weekly candle closes a doji, pay attention and buy.

Part 2

Basically, Money cannot maintain the guarantee of Gold forever, because the need to exchange goods continuously increases, while the gold guarantee will not be enough, that's why Goods will increase, Money will not be enough. causes Deflation, which is even more terrifying than Inflation, so the dollar mechanism without the gold standard is ideal.

For example, if BRICS or Russia, or any other country anchors Money to the Gold standard, they definitely will not be able to print more Money without gold.

- If more money is printed to serve trade and exchange of goods, without gold, it is no longer a gold standard.

In the end, it still comes back to the word "Liquidity", so if the value of a currency wants to be more valuable, it must be more liquid, not attached to Oil or Gold.

China has spent a huge amount of money on diplomacy with the Arabs, with the desire to pay for Oil in yuan, but until now it has not been officially accepted, why?
#btc

- Saudi Arabia will not renew its 50-year petrodollar agreement with the United States, which expired on Sunday, June 9, 2024.

This will allow Saudi Arabia to sell oil in any currency, not just US dollars as before.

- India has just decided to withdraw 100 tons of gold from the United Kingdom to its country.

Once again the liquidity of the dollar is threatened, but is that really the case? We will see that this is not the case, even the opposite

We know why there is Inflation and Deflation, why do central banks have to adopt monetary policies to regulate the economy?

If Money is more than goods then inflation, and Money is less than goods then Deflation.

For example, if BRICS countries want to have a common currency, they must balance the amount of money printed with the ability to create goods of that bloc, and the problem is who controls this amount of money in circulation?

Look at Greece, in the European common currency (EU), Greece is one of the poorest countries in the bloc, always having to borrow money, while the UK is rich and strong, so it cannot use a common currency mechanism to used for both Rich and Poor countries, so the UK decided to separate from the EU, so Brexit happened.
Because if you keep printing money to save poor countries all the time, the value of money will decrease. Whoever is richest keeps the most money, that person loses.
#btc

With the Fed's actions, along with this month's CPI index, the probability of interest rate reduction in September this year has increased to 72%, before the CPI news came out, this number was only at 51%.
#BTC☀ #etherreum

Updated Bitcoin ETF data on June 12, 2024

BlackRock (IBIT) +0.1 million USD
Grayscale (GBTC) -121 million USD
Fidelity (FBTC) -7.4 million USD
WisdomTree (BTCO) - million USD
Franklin (EZBC) 0
Invesco (BTCW) 0
VanEck (HODL) -3.8 million USD
Valkyrie (BRRR) 0 million USD
ARK (ARKB) -56.6 million USD
Bitwise (BITB) -11.7 million USD
———————————————
Total: -200.4 million USD
#BTC☀

Some notable altcoins
#arbirtum #PIXEL📈 #ELF #SUI🔥🔥🔥🔥
What do you think about these alt coins?

This week there will likely be more fluctuations when there is a combo of news from CPI, PPI and FOMC, especially news from the CPI index is likely to have the biggest impact on the market.

#BTC☀ update: In the past 2 months, most prices have been running in the range of $60k-$70k, liquidity in this area is quite pent up, D1 in general is a bit bad, double top is gradually forming, currently support is also The neckline of the model is around 67k, of course the model has not been confirmed but we need to pay attention to promptly respond, BTC Dominance has increased again, making altcoins feel more difficult to breathe, skimming trade orders should be placed. stoploss, statistics show that the purchasing volume of ETH Spot ETF has also decreased significantly in the past 7 days. It is unknown whether this is a move to wait for news or not, but it does not seem very positive, the timing for altcoins will There is a growth spurt around Q3 of this year, so will this be the last shake-out?!

#SUI🔥🔥🔥🔥 stick close and wait

Looking at the daily candles, the downtrend continues, there is a high possibility that #btc will return to test at around 65k5, what do you think?

#sfp When btc declines, it doesn't decrease significantly. You can see that it's worth hoping for. In the medium term, the weekly and monthly frames are going very well, so just buy the spot and save it.