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$ETCUSDT FREE SIGNAL UPDATE:
We hit two targets, achieving over 54% profit using 10x leverage. โ ๐
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content.
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๐ Event: Jerome Powellโs Statements + USD Strength ๐ Impact: The S&P 500 (SPX) fell below its July 25th low, indicating weakness in traditional markets. Bitcoin (BTC), on the other hand, managed to stay above this crucial level, demonstrating relative strength compared to equities. ๐ Technical Insight: BTC's ability to maintain support despite macroeconomic pressures suggests it is being perceivedโat least temporarilyโas a hedge or safe haven asset. ๐ Conclusion: BTC Watch: If Bitcoin continues to hold above the 114,781 USDT level, a rebound could occur. SPX Weakness: A further decline in equities might exert additional pressure across markets, but BTC's relative strength is a bullish signal. #SPX $BTC #TechnicalAnalysis #CryptoMarket #Bitcoin #
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My Twitter page is open to everyone! ๐ If you want to see more content, feel free to visit me on Twitter! ๐
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We are anticipating a rise and are already holding a long position on the Premium channel for Bitcoin ($BTC ).
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# Liquidations In the past hour, $200 million has been liquidated from the cryptocurrency market. - Never invest more than you can afford to lose. - Avoid trying to make quick money. - High leverage doesn't guarantee higher profits. - The most dangerous mistake is breaking your trading rules. - FOMO, greed, and impatience are the greatest enemies in trading.
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๐บ๐ธ Key takeaways from Jerome Powell's FOMC press conference: โ Inflation is still above the target level. โ The Federal Reserve is committed to its dual mandate. โ Economic growth appears to have slowed, according to recent data. โ The current policy stance provides flexibility to make adjustments. โ Tariffs have contributed to inflationary pressure on certain goods, but the broader impact is unclear. โ No decisions have been made yet about the September meeting.
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