Download the MultiversX wallet
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https://youtu.be/OcImY0Ds0iU
https://youtu.be/OcImY0Ds0iU
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https://youtu.be/4oxdHvTcLtw
https://youtu.be/4oxdHvTcLtw
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The diagram shows what happened in previous cycles at this phase : immediately before the halvings, the market behavior was not uniform, but after the halving events the price always up π
And like we can see previous 2 times we got 2 different stories. One only up even from this 84% second we got covid dump) One more example no make sense analyse only by patterns because btc its not a copy paste model to make everyone millionaire. Nobody could predict covid, so nobody can predict what will be next pump or dump globaly
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https://youtu.be/F9R3qgnKKQM
https://youtu.be/F9R3qgnKKQM
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Global liquidity has fallen by $1 trillion over the past 10 weeks.
π As can be seen from the Bank of America report slide, global liquidity has already decreased by $4.2 trillion since the peak in 2022
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https://youtu.be/sVLhdSQAnSk
https://youtu.be/sVLhdSQAnSk
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It turns out that the word "SAT", which all cryptans use to denote the Bitcoin penny "Satoshi", is translated as "true essence"
Other translations of the word are "real", "existing", "eternal", "honest", "correct"
To much conspiracy around BTC
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π₯1
The US imports more from π²π½Mexico than from π¨π³China for the first time in 20 years!
Its one more small example about situation between China and USA. π
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Its one more small example about situation between China and USA. π
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This and next week will be with a lot of important events (when we finally can just sit and watch green candles π, im sick of this pump/dump by news)
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https://youtu.be/rvZYYtZEI5w
https://youtu.be/rvZYYtZEI5w
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π²More than 80% of all US money (printed in US dollars) was created between 2020 and 2023.
Can they print more?)) π The funny things, bitcoin maxis blame this printing, but without it this ponzi will not move up.
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Can they print more?)) π The funny things, bitcoin maxis blame this printing, but without it this ponzi will not move up.
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ππ° Just an idea based on volume and logic
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A very busy week. From Tuesday all the main inflation data in the US! + FTX potential sells crypto bags but I dont think it will affect BTC mostly altcoins.
Bitcoin dominance can move to our target 51% if we reject and going down (btc. d) we can see normal local altseason. Market makers need liquidity to push main coin up. If we move higher the main target what im waiting 57%.
Dxy index to 107-109 this days also can be catalist to push btc down.
Just if we look on volume now, I dont think we will drop to key buyers level because at this level absolutely 0 fear, everyone is ready to buy and fill their wallets with BTC to new highs, so it no make sense market makers give so easy opportunity to buy BTC again. Fear can be only if we will drop and forming lower low on weekly timeframe.
Key level from buyers can be liquidate with even one candle (but most likely sideways and 25200-24400) will be the main support level where we will see more and more short positions and this will be the fuel for BTC in October to move till Spring 2024 (when ETFs will be approve) at 48000-52000
Liquidations short positions will be over 3-4 Billions. Sentiment on a market and consensus now more bearish than bullish.
But Exactly when ETF will be approve and every media will talk about halving we will see deep correction before ATH.
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A very busy week. From Tuesday all the main inflation data in the US! + FTX potential sells crypto bags but I dont think it will affect BTC mostly altcoins.
Bitcoin dominance can move to our target 51% if we reject and going down (btc. d) we can see normal local altseason. Market makers need liquidity to push main coin up. If we move higher the main target what im waiting 57%.
Dxy index to 107-109 this days also can be catalist to push btc down.
Just if we look on volume now, I dont think we will drop to key buyers level because at this level absolutely 0 fear, everyone is ready to buy and fill their wallets with BTC to new highs, so it no make sense market makers give so easy opportunity to buy BTC again. Fear can be only if we will drop and forming lower low on weekly timeframe.
Key level from buyers can be liquidate with even one candle (but most likely sideways and 25200-24400) will be the main support level where we will see more and more short positions and this will be the fuel for BTC in October to move till Spring 2024 (when ETFs will be approve) at 48000-52000
Liquidations short positions will be over 3-4 Billions. Sentiment on a market and consensus now more bearish than bullish.
But Exactly when ETF will be approve and every media will talk about halving we will see deep correction before ATH.
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β€3
Read explanation under idea.
Cancelation if we drop lower than 13$
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https://youtu.be/uSH8vdWN1Xo
https://youtu.be/uSH8vdWN1Xo
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We see that an extremely strong level of support for this asset is the Bitcoin mining cost line - and specifically the cost of electricity.
π€ Capriole Investments gives a fair price for Bitcoin of $47,000.
π€ They also state that Bitcoin mining costs provide support at around $23,000.
π The energy theory of Bitcoin was proposed in December 2019. According to this theory, the fair value of Bitcoin can be estimated by the amount of energy required to mine it.
π€ πIn 2023, the amount of energy spent on Bitcoin mining increased as major miners increased their power by installing new ASICs.
βοΈ Iβll add on my own behalf that this assessment method is not always accurate. This is because mining energy efficiency can change over time. Additionally, the theory does not take into account other factors that could affect the price of Bitcoin - such as current supply and demand in the market, as well as the steps taken by miners in the lead-up to next year's halving.
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π The energy theory of Bitcoin was proposed in December 2019. According to this theory, the fair value of Bitcoin can be estimated by the amount of energy required to mine it.
βοΈ Iβll add on my own behalf that this assessment method is not always accurate. This is because mining energy efficiency can change over time. Additionally, the theory does not take into account other factors that could affect the price of Bitcoin - such as current supply and demand in the market, as well as the steps taken by miners in the lead-up to next year's halving.
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Cryptocurrencies will be converted into fiat and transferred to PayPal balance directly from usersβ crypto wallets.
The option is already available for some NFT marketplaces, dApps, MetaMask and wallets.
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Today there was a large-scale change of Grayscale storage addresses
Ethereum Trust Grayscale transferred 620,056 ETH ($962 million) to 74 new storage addresses in 74 transactions
The same story with BTC. Crypto is the same banks, major supply in hands of big institutionals, but now they can hide their names behind wallets. They can create as much as possible small wallets and still control this btc or eth. And imagine its only info what onchain detective found. Who own 75% btc emission from mining in first 5 years?)) Who own Satoshi main wallet?)) I think the biggest even in human history will be if we will see some moves on Satoshi wallet. For crypto people its will be like
second coming π
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Ethereum Trust Grayscale transferred 620,056 ETH ($962 million) to 74 new storage addresses in 74 transactions
The same story with BTC. Crypto is the same banks, major supply in hands of big institutionals, but now they can hide their names behind wallets. They can create as much as possible small wallets and still control this btc or eth. And imagine its only info what onchain detective found. Who own 75% btc emission from mining in first 5 years?)) Who own Satoshi main wallet?)) I think the biggest even in human history will be if we will see some moves on Satoshi wallet. For crypto people its will be like
second coming π
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π1
https://youtu.be/-JOgJGT7N9c
https://youtu.be/-JOgJGT7N9c
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β€2π1
Commercial banks are βsitting outβ the worst unrealized losses in securities
Picture for those who do not realize the scale of the crisis (see 2008)
But people will tell you, this crash will be like in 2008)) Hold my bear, looks like crypto twitter guys dont remember 2008 and dont understand whats goin on now
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Picture for those who do not realize the scale of the crisis (see 2008)
But people will tell you, this crash will be like in 2008)) Hold my bear, looks like crypto twitter guys dont remember 2008 and dont understand whats goin on now
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https://youtu.be/AKB30aR0tzA
https://youtu.be/AKB30aR0tzA
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β€1