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@youdalgood
📌One-Sentence Summary A major Bitcoin whale placed a $368 million short trade with 40x leverage before the FOMC meeting, expecting Bitcoin’s price to drop. 📌Background The Federal Reserve is likely to keep interest rates the same, but investors are still cautious. Bitcoin’s key support level is at $81,000, and if it falls below $76,000, it could drop even more. Using leverage in trading can bring big profits but also huge losses if the market moves unexpectedly. 📌Impact If the Fed gives a strong signal about raising rates in the future, Bitcoin might face more selling pressure. Worries about global trade tariffs are also making the market unstable. Traders are closely watching Bitcoin’s price, as breaking below $76,000 could lead to even bigger losses. 💭 Bitcoin news seems to flip between good and bad every few hours... 📈📉😅 https://coinmarketcap.com/academy/article/bitcoin-whale-places-dollar368m-short-bet-with-40x-leverage-ahead-of-march-19-fed-meeting
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@sebbang
thank u ..! 2345👏🏻
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@huntbot
@youdalgood, you just received 2,345 applause from @sebbang for being a based builder 👏 🏆 Today's Current Rank: 1st Hunt Town Grant is a daily competition that selects the top three builders and awards them $hunt building NFT grants. Learn more at /hunt Allowance will be reset in 23:55:21 ⌛️
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