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👀 Crypto market review.
〽️ While everyone was sleeping, BTC almost reached $82k, ETH met resistance at $3,200. Over the past 24 hours, BTC shorts were liquidated by $1 billion.
📊 Indicators:
😨 Fear and Greed Index — 76
💲 Altseason Index — 41
📈 Long/Short Ratio — 51/49
💰 Crypto market capitalization — $2.71 trillion.
👑 Bitcoin dominance — 59.27%
😇This week, November 13-14, we will see some fucking swings in US CPI inflation data, which will determine the course of the Fed's monetary policy. After that, Fed Chairman Powell's speech is scheduled.
💵 Related to Mt. Gox wallet transferred BTC worth over $2 billion to a new address, which may be a signal to pay creditors. However, this did not affect the bull at all.
📈 Analysts from the British bank Standard Chartered believe that the victory of the Republicans will lead to an increase in the capitalization of the crypto market by at least 5 times by the end of 2026. And BTC itself may rise in price to $200k in 2025.
🫡 The founde...
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