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Perassanna
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People who lost everything for last few years, complaining a perfect bull market is shame
CRYPTO MECHANIC
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I’ve talked to a lot of traders I know, and most of them are getting tired of crypto. Some already left, and a few more are thinking about it.
Can’t blame them tbh, the market hasn’t been easy to trade these past few months.
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Perassanna
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For now $ETH $BNB 👍 Waiting for #altsesaon ? Don’t forget $ETH will do magic before altcoins
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Rate cut / USA inflation Tone of the powell’s speech have made the crypto market rise once again in hope of rate cuts Points to be noted that 1. Fed still see the 2% as benchmark 2. Before rate cut there will be several economic data release which will impact the policy 3. Powell and feds need to show the market that they cut rate with align to data, not by pressure from trump. If the market felt like fed’s indepence in decision making is affected by trump, markets will fall and fed will lose their trust. So what we should do, If you are in good profit, take some profits now (there will be pullbacks to reenter, and rate cut is not promised by fed yet) but Impact of rate cuts in crypto is significantly reduced, crypto will grow in larger even without inflows by rate cuts. This industry will grow significantly in next few years, don’t bee greedy or too late. Pay attention on $ETH for now.
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Everyone read fed minutes, but no one knows the direction of the market 😂. Crypto is no more a speculative risky asset caregory, compare to past cycles which just heavily based on speculations and few hundreds of traders, now its a legislation backed, included in investment portfolios with heavy capital flow and millions of traders. I believe whether rate cut happens or not, there will be billions of dollar inflow, if rate cut happens then inflow will be multiplied. what ever happens if you manage the risk, you can’t go wrong for atleast for another year. Its time of growth.
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Uk is on inflation rise concerns Major ecnomies of the world is showing a significant positive return from inflation and positive GDP growth. USA still strugles to control the infoation below 2%, now UK joins the list with expectation of 4% inflation. These 2 economies are major contributors of crypto industry, their inflation, interest rate and rate cuts will impact the crypto capital flow. Now the stage is set for the crypto to be added in all major investment portfolios but if the interest rates increased or interest rate cuts stopped then the market will lose its much needed money inflows, we all know market have already pumped in the hope of the expected money inflow, any negative news on this will send the crypto market to bottom. #BTCTo1Million #Inflationdata $BTC
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$BIO Its a novel concept, supported by binance and prominent fighure in crypto have recently bought it in large amounts, but Project is still too young Current indicators shows overbought condition Don’t run with high leverage on this. If you are a holder take some profit and buy more in future. Until its major token release price is not going to move significantly, Bio is a very decent project but don’t expect 1000x in few months from it specially with leverages.
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