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Smart money is buying the dip. Despite the war situation, BTC is trading at $70 premium on Coinbase. This is a clear sign that institutions are expecting V-shape recovery in BTC. I think the next 2 days could be choppy due to low liquidity weeks. After that, we'll see a recovery and a new ATH for Bitcoin.
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The Microstrategy moment for Ethereum has finally happened. Just now, SharpLink Gaming has announced an acquisition of 176,271 ETH worth $463 million. Interestingly, SharpLink Gaming crashed today 66% in pre-market and now they have come up with an announcement. Don't forget that SharpLink is raising $1B, which means they still have $500M+ left to acquire more ETH. If ETH pumps to $2.8K-$3K in the coming weeks, it'll push more companies to follow the SharpLink Gaming strategy. I think the real pump for ETH will start now 🚀
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$DXY is currently in a free fall. It just dropped to its lowest level in 3 years. For those who don't know, DXY and BTC are inversely correlated. If DXY dumps, BTC pumps and vice versa. But there's one more thing most people don't know. When DXY loses strength, global currencies gain strength. This gives countries like Japan, EU etc. more freedom to do QE programs. This is why the EU announced $500B liquidity injection a few months ago, while China is already doing QE. And when more liquidity enters the market, it makes a bullish case for risk-on assets like crypto. So, don't panic due to small dips and be prepared for a massive rally.
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- @binance just dropped a fresh new update and it’s actually useful and powered by AI You can now personalize your entire homepage with smart widgets like: ▸ Fear & Greed Index ▸ ETF Net Flows ▸ Trending Coins ▸ Copy Trading ▸ Coin Spotlight and more Now I get my fav insights in one swap No more digging through tabs Just drag, drop and done ✅ I’ve already set mine up, took 30 seconds and it’s way better than the old layout tbh So Update your app and give it a try. https://t.co/wjqefiWmPs #BinanceApp #NewbinanceApp
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🚨 $1.14B GONE IN 24 HOURS Following Israeli strikes on Iran, markets reacted fast 246,476 traders were liquidated in a single day That’s over $1.14 billion wiped out in liquidation losses Geopolitical tension is no joke in this market One headline and everything flips Trade carefully out there
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