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this is damn bullish!
BREAKING -- @JoeBiden Admin is in the early stages of developing a regulatory approach to the booming crypto biz, sources tell @FoxBusiness. Will discuss w @LizClaman what's being kicked around re regulation, @SEC_Enforcement activities and the possibility of a $BTC ETF
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most CME gaps get closed within the first 48hrs, the rest gets a low probability. closing this one at 62,000 in the coming days would be epic. chances aren't big tho, imo.
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Trading can be vicious, especially crypto, it is not for everyone. if you're smart you should stay away from leverage, if you're crazy like us, you should accept that it comes with a price.
If you really want to make it through, your daily mission should be simple, survive.
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no matter if the reason was fake news or not, or actually there was no reason, only overleveraged positions, the market doesn't just recover after an event like this.
it will take a while.
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I'm long, and if it's going lower I'll buy more. fk turning bearish while the whole world is still trying to get into crypto.
Institutions didn't even start getting in btw. if you want to know better try KYC your business with any exchange that offers fiat access, takes forever.
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at some point, the market is gonna rinse all these new crypto experts, all at once. this event is called "the nuke" event. the ones who survive this will thrive in the next cycle.
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