Minutes of meeting(MOM) of FED chair POWELL'S Speech (8/23/24):
1. "The time has come for Fed policy to adjust"
2. Fed "will do everything" to support a strong labor market
3. Fed does not welcome further weakening of the labor market
4. Confidence has grown that inflation is heading to 2%
5. Balance of risks to Fed mandates has changed
6. Inflation has declined significantly toward the goal.
#ENS is forming a bullish pattern, so a breakout is expected after Little retractment.✅
Consider entering between $18 and $19.5
We might see 20% to 30% gains short-term, and 50% to 80% long-term.
Trump’s leading Harris 52% to 47% 🚀
He’s got a 5% lead in the winning chances for the 2024 election.
This is bullish for crypto! 🔥"
Here are five mistakes you should avoid in crypto trading:
1. Not Researching 📚: Always learn about the crypto you’re trading and the market before you start.
2. Letting Emotions Take Over 😰: Don’t let feelings like fear or excitement control your trading choices.
3. Skipping Risk Management 🚫: Use tools like stop-loss orders to protect your money and avoid taking big risks.
4. Trading Too Much 📉: Don’t trade too often, as it can lead to high costs and losses.
5. Chasing Hype 🔥: Don’t invest just because everyone else is; make sure you understand what you’re buying.
Absolute majority of retail sits in shorts right now. If we get a stop hunting move, I bet it will be upwards 👀
Читать полностью…JUST IN:🇷🇺 Russia and 🇨🇳 China have almost completely ditched the U.S dollar to settle bilateral trade.
90% of payments between the two countries are in their national currencies - Russia's Foreign Minister
Do you remember last time when $BTC Binance funding was negative? That was in October 2023, just before the big pump!
There are more and more signs across the market that tell the same thing: crypto market is ready for next bull cycle!
🇺🇸 Former President Donald Trump has disclosed owning up to $5 million in Ethereum-based crypto assets and has earned over $7 million from his three NFT collections.
This marks a significant financial gain for Trump, who has increasingly embraced digital assets as part of his 2024 election campaign.
WHAT WENT DOWN IN CRYPTO FOR THE PAST 48 HOURS:
🔸SEC approves first leveraged long MicroStrategy ETF.
🔸The US Govt. sells further $594M worth of Bitcoin to Coinbase.
🔸UEFA Champions League Welcomes Crypto(dot)com as First Cryptocurrency Partner.
🔸Vitalik Buterin donated $532k in ‘animal-themed coins’ to charity.
🔸Goldman Sachs, DRW Capital Unveil Over $600 Million in Bitcoin and Ethereum ETF Holdings.
🔸Metamask and MasterCard reveal crypto debit card in Europe.
🔸Coinbase re-opens operations in Hawaii after 7 year halt.
🔸 Injective has officially integrated with the TON blockchain ecosystem.
🔸Wisconsin adds 447k shares to BlackRock Bitcoin ETF holdings.
BREAKING: 🍏Apple opens iPhone Payment Chip to Third Parties for the first time making Bitcoin and Crypto "Tap to Pay" possible!
Читать полностью…🚨 Mt Gox distributed a whooping $6.6b in BTC to creditors since July.
Yet BTC is still trading above $60k. This is quite impressive.
🧬🧠
Jerome Powell says “The time has come for policy to adjust...Lagta hai Rates Cut hone vale hai September me..🤞
Bull run ahead 🚀
🚨 Breaking News 🚨
India’s getting ready to regulate #cryptocurrency! 🚀
The Department of Economic Affairs (DEA) is putting together a new paper.
It should be out between September and October.
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🕯 At the times of boredom and depression it's important to remember the main thing: $BTC is in pure uptrend! Look how precise is this recent retest of monthly MA14!
Summer is going to end soon, be ready for big volatility to return!
🇺🇸 GOLDMAN SACHS LOWERS U.S. RECESSION RISK—
Goldman Sachs has cut its U.S. recession risk forecast to 20%, citing strong retail sales and lower unemployment data.
The investment giant’s economists believe the Federal Reserve might cut rates by 0.25% in September.
While some think Bitcoin traders may welcome the cut.
Analysts caution that it could also signal a coming recession, which might push Bitcoin lower—similar to the market in 2019 when Bitcoin dropped 35% after Fed cuts.
🌐Source: Cointelegraph
$Magic forming a ascending triangle which is Bullish pattern. A breakout of this pattern could send the price above $0.38
You can take entry in between $0.350 to $0.356
We can expect 10% to 30% short term profit in this trade ✅
Market is massively exhausted. Volume on almost every exchange dropped massively. People start losing hope, this is exactly what market makers want
Do not lose hope because next 6 month will be massive in crypto
If you sell today you will regret tomorrow for life 🚨
Bitcoin remains only a small fraction of the gold market's size.
But every few years it takes a significant leap forward in relative value.
We're still waiting for that leap to happen in this cycle.
Now let's observe some altcoins that I will be buying! Let's start with a heavy one, it's $TON! I think that $TON ecosystem is the most perspective one given the amount of $DOGS, $HMSTR and other tokens users 👀
Best level to buy is blue support, just above $6 mark. I set some orders there!
🔙 For the last few months traders focused on memes much more than on CEX alts. I think that we'll witness a rotation back soon!
$BTC dominance is at highs. Alts may look weak, sentiment may be bearish, but this is only a fog to fool you! In fact, alts have set nice bottom structures and ready for growth!
This rising wedge will be broken in the next few weeks, altseason will come as surprise to most of you!