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_Genie_
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Bullish
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#AshCrypto
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#AlexBecker
are both publicly pushing $SHIRO now ๐๐
We are so early ๐ช๐ป๐
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$๐๐๐๐ ๐๐๐๐๐๐๐๐๐ ๐๐๐๐๐๐๐๐ ๐ Tether's dominance is on a decline and may decrease by as much as 4%. ๐งฎ โ Important: A decrease in Tether dominance indicates potential #bullish growth in the crypto market.
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$๐๐ง๐ ๐๐จ๐ง๐จ๐ฅ๐ ๐ฃ๐๐๐ก ๐โ 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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๐๐๐๐๐๐๐ ๐๐ ๐๐๐ ๐๐๐๐ ๐ ๐๐๐๐๐ ๐งฟ 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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The Dollar Index (DXY) is declining, suggesting a potential #Altcoin Season ahead.
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