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CryptoShorts
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WIFI MONEY SPACE RECAP (07/09/24) 🗣️ 🟪 Big Announcement – Bitget will be the official partner of WIFI Money. Nagato has established a deeper collaboration with them, choosing Bitget because they have also "taken care" of his community. From now on, Nagato's referrals on Bitget will offer a free $20 start-up bonus and a lifetime 20% discount on fees using this link: https://bit.ly/NagatoxBitget Bitget will also be present at every future WIFI Money space. 🟪 Nagato discussed his post: (https://x.com/CryptoNagato/status/1831232032006984034) He mentioned that one of his favorite macroeconomist agreed with him, and similarly, Peter Brandt partially acknowledged his points. He is very pleased with this, and although their analyses aren’t exactly the same, they all converge in the same zone, which aligns with Fibonacci levels.
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🟪 Nagato saw a rebound on the chart in the lower zones, and in his opinion, that rebound took place yesterday. He believes the price action next week could be interesting and can't wait for the coming months. He’s bullish on Q4 and thinks the price will behave nicely in September. 🟪 Nagato points out that historically, September hasn’t looked good for crypto, and people are expecting even lower levels. He believes people are being greedy—not for growth, but for bigger dips—and they might be in for a surprise.
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CryptoShorts
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🟪 Greg suggests that historically, when the "buy" signal is triggered on the hash ribbon indicator, BTC has experienced specific growth during that period. Overlaying this data onto the current chart, one could argue that BTC should reach $130K by the end of September (based solely on this indicator). He doesn’t fully expect this scenario and notes that it's an average, so even if it's around $100K to $115K by the end of October, it would still fall within range. He adds that he’s bullish on this indicator and that "we're almost there." 🟪 Nagato discusses his next post: (https://x.com/CryptoNagato/status/1831976212098351476). He says that all BTC has been doing for the last 6 months is re-accumulation around the previous ATH zone, and he believes there are two possible outcomes for the market. Either the crypto market is slowly dying and won't bounce back, or what’s happening now is an amazing opportunity to make big money. He concludes by saying that one of these options is a "no-brainer."
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