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CryptoShorts
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Crypto O'Clock Podcast (15.09.2024) ⚫ Bitcoin hit $60K, bouncing to $60.6K. Kevin predicted two scenarios – a possible drop to $49K or a rebound from $54K. The market looks bullish, but caution is advised. ⚫ The rebound was driven mainly by Bitcoin, with altcoins, especially strong ones, not performing as well. Ethereum isn’t outperforming Bitcoin, as seen on the ETH/BTC chart. ⚫ On Friday, over $100 million flowed into ETFs, indicating improved sentiment. The author predicts a potential correction, which may occur due to market reactions to interest rate decisions on September 18. ⚫ The S&P 500 is close to its all-time high, suggesting market strength. However, events like an interest rate cut could increase volatility, leading to sudden spikes or corrections. It’s essential to stay cautious, avoiding confusing being “bullish” with gambling.
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CryptoShorts pfp
CryptoShorts
@0xcryptoshorts.eth
⚫ Token2049 & SolanaConf (Sept 18-21): These events could bring key information and new projects that may impact the crypto market in the coming months. Keep an eye on them for new narratives and potential investment opportunities. ⚫ @saylor purchased 18,300 Bitcoins for $1.11 billion. The market reacted positively, which could indicate market strength. If the market doesn’t react negatively to such news, it may be a good sign for bulls, though a correction is still possible. ⚫ Crypto market volatility fosters the spread of often distorted information. An example is the FUD related to ETF sell-offs, even though 99% of the capital remains in these funds, with only 1.5% of the inflow being outflows. ⚫ It’s essential to pay attention to emotional market reactions, especially in volatile weeks. Don’t make decisions based on FUD or sudden price movements, whether during gains or drops. A cool-headed analysis of the situation is crucial.
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