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MianMuneeb99
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#WORDOFTHEDAY✅ https://www.binance.com/activity/word-of-the-day/G1157167153329565696?ref=CPA_00LXTUTOKX $XRP $BNB $BTC #todaywordoftheday
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#BTCReserveStrategy $BTC Market Sentiment*: Bitcoin's advanced sentiment index has reached bearish levels, with futures traders showing caution. Whale trades on Binance have sparked concerns about a potential correction.Regulatory Developments*: The US Fed held interest rates unchanged, signaling risk-off sentiment. There's a push for clearer jurisdictions for the SEC and CFTC to ease investor concerns over ambiguous securities laws. Bearish Signals*: A "Power of 3" pattern suggests a potential target of $126,000, but Bitcoin needs to flip its immediate resistance level into new support. - *Support Levels*: Bitcoin's current area is suitable for a bottom, given the wave C 0.618 times the length of wave A and coinciding with the 0.5 Fibonacci retracement support level. $BTC $ETH
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#BTCReserveStrategy $BTC Coinbase CEO Brian Armstrong is advocating for governments globally to establish strategic Bitcoin reserves, viewing cryptocurrencies as "the next chapter of capitalism". He believes Bitcoin could become foundational to the global economy, like gold, and crucial to national security. Armstrong suggests governments allocate a portion of their reserves to Bitcoin, citing its scarcity, portability, and divisibility as advantages. Several US states, including New Hampshire and North Dakota, have proposed Bitcoin reserves, while President-elect Donald Trump has hinted at making crypto a national priority. This push could redefine cryptocurrency's role in global finance
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