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$BCH is currently experiencing downward click on the link to claim free USDT ๐๐ pressure, nearing the critical $400 support level amid sustained bearish trends. However, market sentiment suggests the potential for a reversal, with BCH poised to join BTC in driving the next bull rally. Notably, profits have surged by an impressive 310% in the past, highlighting the coin's historical resilience and potential for future growth.
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Before diving in, consider this: $IO has surged over 6000%, currently trading at $3.69. If you're eyeing IO for long-term hold, now might not be the opportune moment.
History suggests that any project experiencing such a monumental surge is likely to experience a significant pullback. Think about it: - 5000% - 3000% - 1000% - 500% - 300% - 100% - 50% - And potentially even a -10% dive.
It's a frenzy right now, but remember, whales and investors often sell off at the peak to buy back in at lower prices, leaving those who bought at the top holding the bag.
Patience is key. Let the market settle; allow the hype to dissipate. Even if IO climbs to $4, expect dips and dumps along the way.
This isn't financial advice, just a friendly reminder to invest only what you're prepared to lose. And if you found this helpful, entertaining, or enlightening, show some love with a like, share, and follow for more insightful content.
Stay tuned for our upcoming post on lucrative Airdrops! See you there. ๐
Very concerning news for the US dollar: The Economy Ministers of the BRICS countries are in the final stages of completing the de-dollarization program, according to Iran's Foreign Minister.
NASDAQ: The potential impact of a new BRICS currency on the US dollar remains uncertain, with experts debating its potential to challenge the dollar's dominance. However, if a new BRICS currency were to stabilize against the dollar, it could weaken the power of US sanctions, leading to a further decline in the dollar's value.
Very concerning news for the US dollar: The Economy Ministers of the BRICS countries are in the final stages of completing the de-dollarization program, according to Iran's Foreign Minister.
NASDAQ: The potential impact of a new BRICS currency on the US dollar remains uncertain, with experts debating its potential to challenge the dollar's dominance. However, if a new BRICS currency were to stabilize against the dollar, it could weaken the power of US sanctions, leading to a further decline in the dollar's value.
Remember, 1 $BTC = 1 BTC ๐ช
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Avoid investing on June 12 & 13 if you want to steer clear of potential losses. Here's why:
June 12: 1. US Core Consumer Price Index (CPI) by month 2. US Consumer Price Index (CPI) by month 3. US Consumer Price Index (CPI) by year
June 13: 1. US Federal Funds Interest Rate 2. Economic Forecast of the Federal Open Market Committee (FOMC) 3. Federal Open Market Committee (FOMC) Statement 4. Press Conference of the Federal Open Market Committee (FOMC)
Stay tuned for updates on these crucial economic events to make informed decisions. #Binance200M #altcoins $IO (Note: Includes third-party opinions. Not financial advice. May contain sponsored content.)
The Terra Luna Classic community is gearing up click on the link to claim free USDT ๐๐๐ to execute Proposal 12114, spearheaded by developer Frag, which introduces a new LUNC tax burn distribution mechanism, likely to induce price volatility. This proposal, enjoying overwhelming support with 99.97% votes, aims to allocate 10% of the tax burn to the Oracle pool, fostering staking expansion. It seeks to adapt the tax burn distribution based on the conditions outlined in Proposal 12098. The implementation of the new distribution logic will undergo unit testing and coordination on the mainnet via the ante handler. Scheduled for completion within 56 hours, at a cost of 3600 LUNC, this proposal anticipates a reduction in immediate block rewards for users, offset by augmented long-term staking rewards. Notably, the LUNC price observed a 5% decline in the past 24 hours amidst these developments.
Here's a chart reflecting the analysis for click on the link to claim free USDT ๐๐ - The recent price action has shown a significant pump, aligning with previous analyses from May 29th, but it faced strong bearish rejection afterward. - Short-term outlook remains bearish ๐. - On the daily timeframe, the price is entering a neutral zone โณ. - Zooming in on the daily chart, there's potential for a bullish reversal around the $0.1150 support level ๐ in the short term. - If $0.1150 support fails, the price might react around the key support zone at $0.100. - Key levels on the chart: $0.1250 - $0.1150 - $0.100. - Bearish pressure persists, so if considering long positions, consider booking profits timely. Counter-trading against trends carries inherent risks.
The decline in Bitcoin's price below $70,000 can be attributed to three key factors. Firstly, significant liquidations at levels like $72,000, $69,000, and $66,000 indicate strong selling pressure, driving the price down as leveraged positions are forcibly closed. Secondly, the recent outflow of $64.93 million from U.S. ETFs tracking Bitcoin suggests a shift from accumulation to profit-taking or risk reduction among investors. Grayscale's GBTC led with a $40 million outflow, followed by other major ETFs. Lastly, despite a 19-day streak of net inflows totaling over $4 billion, indicating institutional interest, a general decline in market enthusiasm hints at profit-taking and a shift in sentiment, particularly after an extended period of positive inflows.click the link to claim free USDT ๐๐
Quaid-e-Azam, the founding father of Pakistan, click on the link to claim free USDT ๐๐ฐ emphasized the importance of hard work and perseverance. He famously stressed, "Work, work, work, and only work."
Let us follow in his footsteps and adopt a similar work ethic. By dedicating ourselves to our goals and tasks, we can achieve greatness and make a positive impact. Please follow me and let us strive for excellence together! [Like]
The emission rates of Bitcoin and Ethereum click on the link to claim free USDT ๐๐๐
differ significantly, with Bitcoin (orange) having a notably lower emission rate compared to Ethereum (blue). This discrepancy creates a scarcity effect, making Bitcoin more valuable over time due to its limited supply.
The controlled supply of Bitcoin, coupled with its decreasing emission rate, contributes to its store of value narrative. In contrast, Ethereum's higher emission rate and larger supply may impact its value dynamics. This distinction highlights the unique characteristics of each cryptocurrency, influencing their potential use cases and market trajectories.
Here is a rewritten version of your text in a more formal and professional tone: Click here to collect Free USDT ๐๐๐๐ฐ "Good morning everyone, I'm pleased to start the new week with you! The cryptocurrency markets are currently experiencing significant volatility following the sharp decline in Bitcoin (BTC). In my opinion, we can expect a consolidation phase to persist for several hours or even days. Some alternative coins (altcoins) may hold onto support levels and begin to recover. However, this could be a challenging period for trading, so I recommend taking short-term profits and waiting for further confirmation of a reversal before engaging in swing trading. It's essential to set stop-losses in case of a breakdown. Please feel free to request analysis of specific altcoin charts, and I'll be happy to assist you."
Reflecting on my journey with PEPE Coin, it's been a lesson in patience and resilience. Back in early 202โ, I invested $100 in PEPE, acquiring 140,845,070 coins at $0.000000071 per coin. Through the ups and downs of the market, I held onto my investment, understanding the volatile nature of cryptocurrencies. Fast forward to April 25, 2024, when I decided to part ways with my coins. Despite PEPE reaching $0.00001048 per coin, amplifying my initial investment to $1,476, I chose to sell at $0.00000800 per coin, converting my holdings into $1,126. This journey taught me invaluable lessons about patience and timing in crypto investing. While it's tempting to hold out for greater gains, knowing when to seize the opportunity to sell is crucial. #PEPEโค๏ธ #PepeCoinPriceChallenge #fomc. #scamriskwarning #BinanceLaunchPool๐ฅ . I hope sharing my experience inspires others to approach crypto investing with a balanced and patient mindset.
Bitcoin is experiencing a surge again, poised to surpass the $65,000 mark. Meanwhile, Pepe, previously at 570, is now approaching 900. It's crucial not to overlook potential gems like Bome coin, which is showing signs of resurgence. If considering a longer-term investment, it might be worth conducting thorough research on Bome coin's potential. Remember, this is just an opinion, and it's essential to do your own market analysis. Thank you for the advice! $BTC $BOME
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Elon Musk's recent announcement marks a significant shift as Tesla now accepts Dogecoin as a valid payment method, as indicated on the company's official website. This move comes after Musk hinted at the possibility of Dogecoin being accepted for Tesla purchases previously. Dogecoin has been added to the list of payment options, with customers required to locate the Dogecoin symbol on the payment page for transactions. It's noteworthy that Tesla only accepts payments made through Dogecoin wallets, and certain transactional actions, such as payment from multiple wallets and order cancellations, are not feasible for products purchased using Dogecoin. Musk first introduced Dogecoin as a potential payment method at an event near Berlin, Germany, earlier. Following this revelation, the price of Dogecoin surged by over 20% in the last 24 hours, with a remarkable 90% increase in trading volume, indicating heightened investor interest. $BTC $DOGE
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Some people misunderstood the intention behind my post, mistaking it for a call for $40k. However, it was shared merely as an example to complement my recent Bitcoin update. Beneath this post, you'll find two additional posts worth reading for educational purposes. I recommend delving into them to enhance your understanding. Additionally, there's a comparison post detailing the price actions of $BTC . Understanding these charts takes time and experience, but with practice, you'll accumulate a wealth of chart data in your mind. Eventually, certain price actions will trigger past memories, aiding in your analysis. For those who didn't grasp the content initially, don't worryโit's all part of the learning process. I'm here to provide further explanations to facilitate your learning journey. Good luck!
It appears you're reflecting on the recent performance of the cryptocurrency $ENA compared to other projects like #PEPE and Dusk, noting that $ENA hasn't seen as significant a recovery despite recent market movements. You're expressing concern about the influence of whales on its performance and suggesting that $ENA investors should maintain a realistic outlook and conduct thorough research. #Enabullrun
๐๐๐ ๐๐๐๐๐๐ ๐: Bitcoin is currently making a significant move to reclaim its trendline. The next few hours will be crucial for BTC as it attempts this retest. If successful, we anticipate opening long setups. However, if BTC experiences a downturn from this point, the recent pump may be interpreted as stop-loss hunting. Remember to employ level-to-level trading strategies with proper risk management. Feel free to pin this channel for ongoing updates. #Altcoins #CryptoWatchMay2024 #BuytheDips #BitcoinETFs!