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Cryptowizard101
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DYDX
lacks sufficient liquidity and demand, making the price likely to decline further. This presents an opportunity for futures traders looking to go short.
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Alright, ladies and gentlemen, As mentioned in our previous post about Bitcoin’s price, we stated that if Bitcoin closes above $74,000, there’s a strong possibility it could target $100,000 and beyond. However, it’s important to note that there is an ongoing trade war, and the Fed is not yet ready to cut interest rates. These factors could delay the price movement or even trigger a major retest, which would present a significant opportunity for investors.
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