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wiseadvicesumit
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๐ฎ๐ณ๐๐๐๐๐ ๐๐๐๐๐ ๐๐ ๐๐๐๐๐๐ ๐๐๐๐๐๐ ๐๐๐? The Indian government might finally go easy on #crypto. As per an FT article, Trumpโs comeback might have something to do with it. Crypto founders in India are now meeting with government officials every month; earlier it used to happen just once in 6 months. Theyโre asking to reduce the 30% tax on profits and remove the 1% TDS on every trade. Even RBI has changed its tone from โitโs a scamโ to โweโre waiting on the government paper.โ Will the Indian government reduce the crypto tax soon? ๐
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What was your BIGGEST INVESTMENT MISTAKE this cycle? ๐ 1. Not booking profits 2. Taking high leverage 3. Not buying $BTC
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SATOSHI NAKAMOTO IS NOW THE ๐๐๐ญ๐ก ๐๐๐๐๐๐๐ ๐๐๐๐๐๐ IN THE WORLD. SATOSHI HOLDS $120 BILLION WORTH OF #BITCOIN. WHAT A TIME TO BE ALIVE๐คฉ
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BIG BREAKING NEWS ๐ฅ๐ฅ Trump's company is planning to buy $3 billion worth of #Crypto. Trump Media Group plans to raise $3 billion to buy cryptocurrencies such as #Bitcoin. Trump Media and Technology Group is also behind the Truth Social app and controlled by the presidentโs family. Mr. President is super bullish on crypto. ๐
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๐๐๐๐๐๐๐ ๐๐๐๐ ๐๐๐ $๐๐๐,๐๐๐ ๐๐ ๐๐๐๐ ๐จ And this is not a speculation but a research-driven conclusion. If you're on X for more than a week, you probably have seen the Bitcoin and M2 supply correlation. Since 2023, BTC and M2 supply have shown a 1:1 correlation if adding a 10-12 weeks lag period. If M2 supply hits a new ATH, Bitcoin hits a new ATH within 3 months. If M2 supply peaks, Bitcoin will form a local top within 3 months. But this isn't all.For every 10% rise in M2 supply, BTC goes up by 90%. In 2024, M2 supply peaked in early October, and BTC peaked in early January. In 2025, M2 bottomed in mid-January, and BTC bottomed in mid-April. In early March, M2 supply hit a new ATH, and BTC made a new ATH a few days ago. Now, during 2024's peak, M2 supply was at $107.5T, and now it's at $110.72T. This shows an increase of 2.7%, which means $BTC will pump by 24% from its last peak (using the 10% and 90% rule). BTC's top in Jan was $109.5K, and after a 24% pump, it'll hit $135,000. And when that happens, alts will definitely have a good rally.
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