To the #bears 🤣 $BTC To $100k SOON 🔜😉 | _Genie_ on Binance Square

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To the #bears  🤣 $BTC To $100k SOON 🔜😉

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BTC

95,501.31

-0.46%

443

0

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#TRUMP calls for the Federal Reserve to cut interest rates, but the latest Nonfarm payroll report indicates a 99.6% chance rates will stay the same this month. For next month, 45% expect a 0.25% cut, while 54% foresee no changes.

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$𝐔𝐒𝐃𝐓 𝐃𝐎𝐌𝐈𝐍𝐀𝐍𝐂𝐄 𝐀𝐍𝐀𝐋𝐘𝐒𝐈𝐒 📈 Tether's dominance is on a decline and may decrease by as much as 4%. 🧮 ❕ Important: A decrease in Tether dominance indicates potential #bullish growth in the crypto market.

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$𝗕𝗧𝗖 𝗙𝗨𝗧𝗨𝗥𝗘 𝗣𝗟𝗔𝗡 👀✅ I anticipate $BTC reaching 100,000, then dropping to 90,000. After 100k, I'll assess funding and indicators before updating. I plan to short between 99k and 100k as dominance increases, raising my cash position by 20% to buy back lower, while maintaining 80% in spot.

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𝐁𝐈𝐓𝐂𝐎𝐈𝐍 𝐈𝐒 𝐓𝐇𝐄 𝐎𝐍𝐋𝐘 𝐅𝐔𝐓𝐔𝐑𝐄 🧿 Mining 1 $BTC costs around $2,000 in Ethiopia and under $4,000 in Cuba and Sudan. With $BTC at $95,000, this presents a significant profit margin. However, infrastructure and regulatory challenges hinder many countries from capitalizing on this, resulting in only a few successful miners in these regions.

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$ETH has seen its fifth straight red monthly candle. April was pivotal, highlighted by a significant Hammer/Dragonfly doji candle. It fell below the August to October 2023 lows but closed above support, indicating a potential bottom for the year.

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