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Scott Bessent, the US Minister of Finance, confirms Trump has extended the tariff deadline until August 1st!
Let's resume the bull market!
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CryptosBatman
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Most people are focused on the $BTC dominance chart, yet they overlook the altcoins dominance chart. Altcoins dominance isn't only back at its bullish trendline, but also sitting on a massive bullish order block. This double element is a killer combo to support a strong rally.
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Bitcoin breakout is loading. Higher lows. Bullish momentum. Clean resistance ahead. Having patience here will be rewarded. This is where most give up and where the smart money steps in. Hang in there. We're going up soon! 🔥
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$DXY → The USD Empire As we all know, the $USD has been tanking quite a lot over the past six months, and many are saying it will go even lower. But let us take a deeper look. Based on price action, the USD has finally come back down to its support area, which is the lower trendline of the parallel channel. Do not be fooled. It is more than just a trendline, it has marked the start of historical USD rallies. While people are accepting the idea of a continued USD decline, the reality is that the USD still stands as the ultimate hedge for investors. This was evident during the 2011 eurozone debt crisis, the 2014 Fed rate hike, the 2021 post-COVID stimulus, and maybe even now with what I believe could be the next catalyst: a disinflation-triggered rate cut, as the economy cools too fast and the Fed cuts rates to stabilize it. So, while I am pro-Bitcoin and crypto, this chart is more than enough proof to remind me that, for now, the USD still remains the backbone of global liquidity.
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$SOL is strongly holding its support and getting ready for the next move. If it closes the candle above $200, then it will be a green signal to open longs. People are quietly stacking down here. In just 48 hours, wallets holding tokenized stocks on Solana jumped from 4,400 to 22,500 to 33,300. That's a 7.5x surge in two days and it's only the beginning. Bigger moves are on the way.
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Been a while since I looked at $RUNE, and I just realized again what a beautiful base it is forming. Not only is it sitting on a strong bullish order block, but the Stochastic is showing a bullish divergence with a confirmed a golden cross. RUNE looks primed for a comeback!
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