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CryptoMaksymus
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Someone is very persistently trying to convince everyone of the inevitability of a fall to $70,000, but why?
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Magnificent seven. The "funniest thing" is that, despite the sell-off, the average volume continues to decline, suggesting that the panic hasn't even started yet. Imagine that a real panic will begin.
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5.58 million Bitcoin addresses found themselves in a difficult situation... These addresses hold 3.79 million BTC, all bought at prices above ~$87,000. Right now they are suffering losses. These are mainly short-term holders' balances — as you know, they are more fragile. If the market pressure starts to rise, who knows, maybe they will falter?
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Large-scale import of gold in the USA.
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Do you know when Bitcoin will break away from techno stocks? When asset management funds, investors, and eventually countries will understand: Apple is not growing against Bitcoin. Open the Apple/BTC chart and you will see this. The same goes for Tesla, Amazon, Costco, Walmart, NVIDIA, Google, Meta, Visa, S&P500 or Netflix. It doesn't matter. All this falls in relation to Bitcoin in the long run. Choosing any of these companies over Bitcoin is simply a way of saying, "I want to lose money over the long haul."
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The correlation is obvious
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