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📰$400M Liquidated in the last 24 hours as Bitcoin wicked below $20K💀

📰Bitcoin intensified its recent price drops by wicking under $20,000 for the first time in six weeks. This led to almost $400 million in liquidations from over-leveraged traders.

📰More than 125,000 crypto noobs have been wrecked, with the single-largest liquidated position on OKX where BTC/USDT trading pair position was liquidated for over $3.5 million.

💡Don't use high leverage when the market is volatile and illiquid like it is now for the past few weeks; leverage will not make you more money! Always try to adapt your trading style based on the current market situation and remember that it is ok to sit on your hands some days, no position is also a position, and sometimes the most challenging but most powerful decision a PRO trader can make, if he is playing the long-term game, and not chasing the quick buck💸
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📰FUD ALERT🚨

📰Mt.Gox isn’t releasing ALL of that 137,000 Bitcoins tomorrow. It’s just starting the repayment process tomorrow, so creditors will begin to receive their Bitcoins. The entire process will take a while.

📰Additionally, this is only for those who choose the early lump sum payment, which means they only get a portion of their BTCs. Those who wait until the end of the civil rehabilitation period will get more, which is years from now.

🌴🔰Always check your information from trustworthy sources, and don’t make any hasty emotional decisions because someone spreads FUD on socials and mass media.
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📰The third largest Bitcoin address accumulated another 1153 BTC today. Its average buy price is around $20,176😎
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📰FED FUNDS FUTURES TRADERS STILL PRICING IN SEPTEMBER RATE HIKE OF 75-BASIS POINTS AFTER JOBS REPORT
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📰US FED Chairman Powell will is going to have a speach today at around 1:10 PM GMT.

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He is going to release some data and speak about future CPI inflation data and the hikes in interest rate.

📰Regardless of the of the positive or negative statement, the release of the news can manipulate the market movements, we expect big volatility today again.

🌴Be safe and protect your capital
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