Calvin Tosic JKaJ

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The CPI results have just come in.
We'll get our pump, friends. It's starting well with a #CPI below the expected threshold. We're at 2.5%, but the market was expecting 2.6%, so it's more than positive.

Tomorrow we're waiting for the #PPI to see what it's like on the production side and it will necessarily be in the same vein because if consumption costs are low, that means production is too.

That said, we'll probably get our interest rate cut. Let's wait until the 17th for the decision. Bullissshhhhh🔥🔥🔥🔥🚀🚀🚀

The coming week will be decisive to launch the final phase of the bullrun definitively. We have two elements to validate, the exit from the infernal triangle and the bullish crossing of the moving averages on the RSI.

There is a good chance that this will happen because we already have a divergent RSI, on the price side we have a W in formation with increasingly high low points.

In short, all this to say that I think the market will explode upwards.

I think the US government will do everything to save the markets before the elections, otherwise it will be bad publicity for Biden's camp.

If next week we break the orange line (support) the next target will be 40k. And then your #altcoins will zouker again. But we are not there yet. But keep in mind that if that happens then the #bearmarket prices on altcoins that you experienced in 2022 will be a big joke. But I repeat we are not there yet.

JUST IN: More than $2.9 trillion was wiped off major indices and stocks this morning on growing fears of a global recession.

This was the worst day for stocks since March 16, 2020, during a time of fears over the COVID-19 pandemic.

gagnez jusqu'à a 1BNB

Here is a summary of Donald Trump’s words during his speech at the #Bitcoin2024 event.

🇺🇸 Donald Trump says that Bitcoin will likely one day surpass the market cap of gold.

🇺🇸 Donald Trump says that “the United States will be the crypto capital of the world and the Bitcoin superpower of the world.”

🇺🇸 Donald Trump says that “on day one, I will fire Gary Gensler and appoint a new SEC chairman.”

🇺🇸 Donald Trump says that “Bitcoin and cryptocurrencies will skyrocket like never before” if he is elected president.

🇺🇸 Donald Trump announces that he will create a national strategic reserve of Bitcoin for the US government if elected.

It’s just a few moments before Donald Trump speaks at the Bitcoin2024 event. We’ll see his plans for BTC and the market is waiting impatiently so expect some volatility today.

A #Blackrock employee explains the #SP500 drop and thinks that the #FED in a month will have no choice but to lower its rates in order to avoid a crisis on the markets which will cause a boom on risk assets like #BTC. Listen to this, we may be living our last month of suffering.

Credit: Laurent Coin

The inflow of funds into Bitcoin spot ETFs in the US has exceeded $147 million, according to the latest data. The main contributions came from Ark Invest and 21 Shares crypto funds, while Grayscale’s fund saw an outflow of $51 million.

It seems that
Bitcoin ETFs in the US are the new gold rush. 🤑

CryptoFam
#ETF #cryptofam

Celebrity tokens recently launched on #Solana. Some were not aware of the token like 50Cent for example.

Today we have the#FEDspeech and the#Bitcoin2024event where#DonaldTrumpwill speak. I don't know if he will speak today but we hope to have his plans clearly for#Bitcoinand crypto. We hope that these two events could perhaps help
BTC not to stall in its bearish channel we will wait and see.

The news is not good in the short term for now, friends. We have re-entered the channel. MT Gox has already started distributing the $BTC that users lost in 2014 when it was worth $600.

On the other hand, we have #Grayscale which has $10 billion in $ETH to liquidate. Does the market have enough to absorb all of this? We will see. Already, we have more than $2 billion in volume on ETH ETFs, which is what prevents ETH from falling sharply with Grayscale sales.

You have no idea, but this Mt Gox affair is a threat that has been hanging around since 2016, so if we get rid of it, it will be the last possible FUD on BTC (apart from economic activities).

We will wait for the economic news of the week, maybe something to boost a little. Otherwise, in the short term, as I told you at the beginning of the week, we should not expect magic on Altcoins.

Here, we are talking about the short term so in about ten days all this will be behind us but these days will certainly be long. Let's hope I'm wrong... But graphically as long as we don't get out of this channel we are bearish in the short term.

Today was a flood in the stock market with an outflow of 1 trillion dollars. Where will this money be rotted? That remains the question….

Once again, the Simpsons were right 😁

#Ferrari now accepts #BTC☀️ TC and #ETH ETH payments in #Europe. I think #Lambo should do the same as they get free publicity from crypto investors.

When Lambo🤨

https://t.me/BlumCryptoBot/app?startapp=tribe_tapalki_bo-ref_fqU6SYpbsn

Here we go, trading on #ETF $ETH is launched. Let's see the flow that will enter the first day, the one of #Bitcoin was a world record.

That's what we were saying 😬, #Grayscale ETHEREUM TRUST is sending $1B in ETH to #Coinbase. Don't expect too much of a pump 🚀 on $ETH ETH at launch tomorrow. Personally, $1 billion is not too big, the market has enough to absorb that quickly.