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Dear fellow investors,

If you want to avoid losing money in cryptocurrency, take a screenshot or share this message with others—it will be important one day!

Here’s a task for you all:

🚨 When are the Federal Reserve Interest Rate Decision Meetings in 2024? Research this, find the dates, and set an alarm on your phone or computer for one week before each meeting!

🚨 The next FED interest rate decisions are on July 30-31! For example, I’ve set an alarm for July 24. On that day, I’ll check the global market. If the market looks good, I won’t change my investments. But if the market looks bad, I’ll convert my assets to USDT on July 24.

🚨 Have you ever seen an analyst, economist, or chartist share advice like this? I haven’t.

🚨 They usually want you to buy so they can make money. They care about their own profits.

🚨 This process happens every 4 years, except in unusual situations like war or assassination.

🚨 I don’t know what will happen on September 17-18. We’ll have to wait and see.

🚨 The most important part: When will the MEGA BULL market start? Friends, the US GENERAL ELECTIONS are on NOVEMBER 5! If crypto supporter TRUMP wins, the FED INTEREST DECISION will likely be announced on NOVEMBER 6-7! After these dates, I think Bitcoin will rise to $125K.

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Binance has said that more than 200 million people now use its platform. This shows that Binance is becoming more popular and widely used by people around the world who are interested in cryptocurrency.#Binance200M $BTC

Stop forcing yourself to trade!

Nothing is going to happen right now. I know many of you are trying to recover losses from yesterday by trading now, but that is a mistake.

First of all, what happened yesterday was not a crash. Buying now is not buying the dip, and the market could still fall more, a lot more.

This is not about spreading fear or doubt.

Next week, on Wednesday, the Crypto price direction will be determined after the CPI data and FOMC press conference.

The jobs and earnings data from yesterday was bad for crypto because it suggests interest rates could stay higher for longer, and an interest rate increase is still possible. Although it's unlikely, it would be terrible for Crypto.

For those who don’t understand, higher interest rates are bad for crypto because borrowing money becomes more expensive, and saving money becomes more rewarding.

Higher interest rates mean less borrowing and more saving. Lower interest rates mean more money going into "risk on" Crypto.

It’s frustrating but true. None of us have the money to move the market. The people and funds who do are waiting or trying to predict what happens on Wednesday.

No big moves are going to happen now, especially after yesterday.

Don't lose money trying to guess the market now. Everything you lose now is money you could use for future profitable trading conditions.

Take care.

### Why the Market is Down: US Jobs Report Causes Big Bitcoin Drop, Erases $500 Million in Open Interest

The latest US jobs report had a big impact on the cryptocurrency market, causing over $500 million in Bitcoin investments to be wiped out.

The US Bureau of Labor Statistics shared mixed news for May. On one hand, they reported 272,000 new jobs. On the other hand, unemployment went up to 4.0%, the highest since January 2022. People worked the same number of hours per week on average, and hourly wages went up by 0.4% in May, which is a 4.1% increase from last year.

The private sector hired a bit more than 200,000 people per month over the last few months, compared to 155,000 at the end of last year. The total payroll for private-sector workers grew by 5.4% over the past year, down from the previous range of 6%-6.5%, matching 2018's highs.

After this report, Bitcoin’s price fell by 2%, from $72,144 to $70,668, leading to many investors losing money. IT Tech stated, "Over $500 million of Bitcoin open interest was wiped out within minutes. Both short and long positions were liquidated."

The mixed signals from the job report caused significant market changes. More hiring suggests a strong economy, but higher unemployment and steady work hours point to weaknesses.

Charles Edwards, founder of Capriole Investments, noted, "Unemployment is at its highest since COVID, and markets reacted sharply. Often, the first reaction to these announcements is wrong. We'll see. But it seems like unemployment has bottomed out, suggesting US liquidity will need to increase soon. Rate cuts are likely."

Based on the latest jobs report, Bitcoin and other digital assets are expected to remain unstable. Be cautious. If you are a long-term holder, it might be best to stick to your strategy and not panic.

**Turkey Won't Tax Crypto and Stock Gains to Encourage Investment**

Turkey's Finance Minister, Mehmet Simsek, announced that there will be no taxes on profits from stocks and cryptocurrencies. This decision aims to increase investment and market growth by reducing the tax burden.

There is talk about a small transaction tax on these assets, but details are not clear yet. Simsek stressed the importance of a balanced tax system to keep the market healthy. Mehmet Gerz from Ata Portfoy warned that even a small tax might cause problems and discourage trading.

Turkey is finalizing rules for cryptocurrencies to improve security and meet international standards. The new rules will include licensing for crypto platforms, managed by the Capital Markets Board (CMB), and set requirements for safer trading.

Industry reactions have been cautiously positive. Mucahit Donmez from Binance Turkey thinks the regulations will protect users and provide clear guidelines. Turkey aims to become a digital finance hub by attracting investors and businesses with clear rules and tax exemptions, boosting economic strength and technological progress.

BREAKING: Google Pay Now Supports Bitcoin and Other Cryptocurrencies!

Great news for crypto fans! Google Pay, the popular mobile payment service, has announced that it now supports buying Bitcoin and other cryptocurrencies. This development makes it easier for people to acquire digital assets.

With Google Pay, you can now purchase Bitcoin, Ethereum, and many other cryptocurrencies directly from your phone. To get started, download the Google Pay app and set up your account. Once you're set up, you can buy crypto from trusted platforms like BitPay, XCoins, and Crypto.com.

The current price of Bitcoin (BTC) is $71,021, showing a slight decrease of 0.22% in the last 24 hours. Historically, 53.01% of the time, BTC has closed higher than its opening price. The highest price ever recorded for BTC was $72,689 two months ago, and the current price is 2.29% lower than that peak.

From 17 technical indicators, 12 suggest buying BTC and 3 suggest selling, indicating a short-term bullish sentiment. BTC's first major resistance level is $71,645; if it closes above this, it could rise to the next resistance at $73,687. The main support level is $68,743; if the price falls below this, it may drop further.

The 14-day Relative Strength Index (RSI) is at 65.96, indicating neither oversold nor overbought conditions. The weekly RSI is 63.48, also suggesting normal market conditions. On the daily chart, exponential moving averages show a bullish trend, with BTC's price above the 10, 20, 50, 100, and 200-day EMAs.

Historically, BTC's price at the end of June has been higher than the opening price six times out of the last 12 years and lower six times. February has been the best month for BTC, with prices ending higher than at the start of the month nine times out of 12 years. Conversely, September has been the worst month, with prices ending lower eight times out of 12 years.

Saudi Arabia, led by Crown Prince Mohammed Bin Salman, has decided not to renew a security agreement with the US that expires on June 9, 2024. This allows Saudi Arabia to sell oil and other goods in currencies like the RMB, Euros, Yen, Yuan, and more, instead of just the US dollar. This is a major change because it challenges the dominance of the petrodollar system, which has been in place since the US stopped linking its currency to gold in 1972. This decision is expected to accelerate the shift away from using the US dollar.

Bitcoin ($BTC ) is at a significant resistance zone, and breaking through this area could open up new opportunities. It has reached the intermediate resistance level of $71,500 and is currently stuck there. We've been experiencing congestion in this area for a while. I've been saying for a long time that as long as the $67,000 level is maintained, there is no cause for concern given the positive trend. Today's ADP data has increased hopes for an early rate cut, and we can see this optimism reflected in the #BTC price.

However, the really important data comes on Friday. Yesterday, there was an impressive $887 million inflow into spot #ETF. Bitcoin is our leader, and $ETH is our comrade.

BITCOIN TO END YEAR AT $100,000 “OR EVEN HIGHER” - HERE’S WHY…

- Mike Novogratz, the CEO of Galaxy Digital, expressed an optimistic outlook on #Bitcoin in a recent interview with Bloomberg TV.
“If we reach $73,000 within the next week or so, we’ll end the year at $100,000, or even higher,” said Novogratz.
- The CEO cited the US regulatory environment as a key reason for his optimism. Specifically, he mentioned…
- The recent approval of spot #Ethereum ETFs by the SEC.
- Bipartisan support for the pro-crypto FIT121 bill.
- The repeal of the SEC’s controversial SAB121 rule (despite Biden's veto undermining Congress).
“We’re getting regulatory clarity, even though it’s not perfect.”
- However, Novogratz’s crypto predictions have not always been accurate in the past.
- The Galaxy CEO famously got a Terra/Luna tattoo before the ecosystem's collapse in May 2022.

Why crypto? Because we’re unlocking so much potential! 🔑 From quicker, more affordable international transfers to providing financial access for the 1.4 billion unbanked people worldwide. Here's an excellent #Binance Blog article that discusses this.

The US has Bitcoin ETFs.
The UK has Bitcoin ETPs.
Hong Kong has Bitcoin ETFs.
Australia has Bitcoin ETFs.
Thailand has Bitcoin ETFs.
Which country will be next?

BREAKING
🚨
Approximately $8.2 billion worth of Bitcoin and Ethereum options are set to expire today.
#Megadrop #StartInvestingInCrypto #FIT21 #altcoins #BlackRock⁩

Before the altcoin season starts, here is my carefully curated altcoin basket:

- DOGITA
- BCCOIN
- MINTLAYER
- HEROX

#StartInvestingInCrypto #Bitcoin

💥 Disclaimer: These posts are for informational purposes only and do not offer buying or selling advice. Please conduct your own research before making any investments. DYOR.

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Lynn Martin, Chairman of the Board of Directors at NYSE Group, the parent company of the New York Stock Exchange, stated: "We have been in discussions with the SEC about Bitcoin for more than six years. The success of Bitcoin ETFs and the liquidity they bring to the markets is undeniable."

Bitcoin has been trading around its previous cycle high for about 11 weeks. In 2017, this period lasted around 4 weeks, and in 2013, it took about 13 weeks. Both times, this was followed by a significant price increase. I don't expect Bitcoin to move slowly once it breaks out of this price range.

1. People expected the Bitcoin ETF to be approved in March, but it was actually approved on January 2.
2. Previously, Bitcoin reached its all-time high only after the halving, but this time it hit its all-time high before the halving.
3. People thought the Ethereum ETF wouldn’t pass in May and would have to wait until August, but it was approved in May.
4. Everyone believed the bull market would last until 2025, but it turned out to be _____.
This round of market surprises is evident in all aspects!