#Bitcoin has been declared “dead” over 476 times by mainst | BitEagle News on Binance Square

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#Bitcoin   has been declared “dead” over 476 times by mainstream media.
Yet Bitcoin is at $70,400, less than 5% away from a new ATH 🚀

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🚨 TRUMP ADMIN CONCERNED ABOUT QUANTUM COMPUTING BREAKING ALL PASSWORDS Commerce Secretary Lutnick: "The only thing I think I really NEED to do in terms of regulations is post-quantum cryptography. A quantum computer can break all of our passwords, inc

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You know that feeling when you realise that you've made a mistake? You feel stupid right. That ‘Hindsight Bias’ Then you have the natural tendency to blame yourself for things you, "should have known." For eg, If the price of a #crypto coin you own drops 70%, You "should have sold it." But guess what?? If you knew then what you know now, You wouldn't have done what you did. Every decision you ever make will be based on incomplete information, You have to use Interpretation to fill in the blanks. Since you're not omni-scient, You’ll always have more information when you evaluate the results of your actions than you had when you made the decision. As a result, it's very easy to feel stupid if things don't turn out the way you expected. It's important to realise that these feelings are irrational. Your decisions were based on the best information you had at the time, & there's nothing you can do now to change them. Don't feel bad about things that you "should have seen" or "should have done." Changing the past is outside of your Locus of Control, So there's no sense in wasting energy on self-doubt, Wondering what might have been.

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FOMC results in about 7 hours from now. Almost a guarantee there won't be any rate changes announced today. However, inflation data has been steady and lower than expected. There is the possibility that they talk about the future prospect of rate cuts in 2025 and their overall stance. That alone will already create an impact on the markets as it always frontruns the actual news. Normally I'm not into all that big into macro stuff, neither am I an expert on that matter. But nowadays these things seem to have a larger impact on the markets vs before. Especially on the global liquidity side of things which the crypto markets kinda needs as a risk-on market. So try to interpret that data and share as I see it. Anyways, 7 hours to go. Tik tak ⏰

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The ONLY Framework I’m Using to Buy Altcoins in This Market.👇

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Memecoins continue to lose a large amount of relevance while the rest of the industry takes over. AI remains dominant and DeFi has almost double the mindshare of memes. This also further proves the resilience of utility and lack of resilience in memes when the market pulls back. When the going gets tough, they are most likely done and not to return (what is there to return about after all?) Unless you are holding some of the well-established cult status ones ($PEPE , $DOGE , ...) it will be hard to hope for another market run to recover. The market will, but many memes won't due to the sheer amount of them.

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Latest News

Bitcoin Bull Market Index Hits Two-Year Low, Suggesting Bearish Trends

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Crypto Market Sentiment Dips as Fear and Greed Index Falls

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Cryptocurrency Market Sees Mixed Performance with Notable Gains and Losses

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Bitcoin ETF Sees Significant Inflow of $165.79 Million

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Ethereum ETF Experiences Continued Outflows

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