Ainda estamos no início, não desista🎯

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Ainda estamos no início, não desista🎯

CipherX

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$KERNEL fará ATH na minha opinião no Q3 🔥

Aviso Legal: inclui opiniões de terceiros. Não se trata de aconselhamento financeiro. Poderá incluir conteúdos patrocinados. Consulta os Termos e Condições.

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Connect the dots,$KERNEL is gearing up!!

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Iran-Israel and Russia-Ukraine war is on-going. 10-yr bond yields are above 4.5% and 30-yr bond yields are nearing 5%. US tariffs are at its highest level in 100 years. Oil prices are up nearly 40% in Q2. Powell is consistently delaying rate cuts while continuing the QT program. The Buffett indicator is calling for the most overvalued market ever. Moody has downgraded US debt. And yet, BTC is down just 6% from its ATH. If you still don't think crypto is going to take over, you need to rethink your decisions.

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What if $ETH is following the Bitcoin Q1 2024 rally? What if $ETH will drop towards $2.2K before reversal? To be honest, I wouldn't mind a dip before reversal. The biggest reason I think there'll be a dip is due to excessive greed among Altcoin hodlers. Despite alts down 50%-70% from their highs, the futures market is showing some euphoria. This needs to cool down before ETH finally bottoms. After that, ETH will pump again and hit $4K by Q3 2024.

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Bitcoin ETFs had another huge inflow yesterday. Nearly $300M+ worth of BTC were bought, and BlackRock alone bought $239 million. This is the reason BTC pumped above $106K, but now it's going down again. I think the next 2 days could be very choppy and volatile due to Iran-Israel conflict. BTC could retest $100K-$102K level again, but after that reversal will be beautiful.

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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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