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Professor Mende - Bonuz Ecosystem Founder
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๐ณ๏ธ $426,000,000 - That's How Much The SEC Under Gensler Cost Crypto Firms The Blockchain Association (BA) reports that the SEC's aggressive approach under Gary Gensler has cost crypto companies at least $426 million in legal defense since 2021. The SEC's 104 enforcement cases from 2021 to 2023, targeting industry heavyweights like Binance, Ripple, and Coinbase, spotlight a "regulation by enforcement" agenda that many see as stifling innovation. Beyond the litigation costs, the BA highlighted the deeper consequences: lost jobs, hindered innovation, and stunted U.S. tech investment. With the 2024 U.S. election fast approaching, the BA urges crypto votersโ18% of the electorateโto back leaders who champion digital asset innovation. Both sides of the political spectrum could shift the SEC's future. Donald Trump pledges to dismiss Gensler if elected, while Kamala Harris reportedly considers replacements, signaling potential policy changes. The outcome could redefine cryptoโs regulatory landscape as Election Day (Nov. 5) looms. Follow @Professor Mende - Bonuz Ecosystem Founder to stay updated! #Elections2024 #SEC #DonaldTrump #KamalaHarris #GaryGensler $BTC $ETH $SOL
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๐จ READ THIS: Why $BTC Might Hit $174Kโ$462K! Bitcoin just closed its highest-ever three-day candle at $72,724, igniting talk of a major bull cycle. A historically reliable BTC indicator hints at an unprecedented peak between $174,000 and $462,000 within the next 24 months. Past price tops have often aligned with the 1.618 to 2.272 Fibonacci retracement levels, and under this setup, potential cycle highs are projected at $173K (1.618 Fib) and $458K (2.272 Fib). Historical Trends & Fibonacci Precision Bitcoin's past cycle tops (2013, 2018, and 2021) consistently aligned near these Fib levels, albeit with diminishing returns. The 2021 peak at $69,800 even fell just under the 1.618 Fib, indicating a trend of decreasing cycle gains. Key Price Levels Ahead BTC breaking out of its seven-month consolidation signals potential new all-time highs. But the critical mark for bulls to watch is $86,200, according to Bitcoin researcher Axel Adler Jr. This level previously triggered profit-taking and temporary peaks. Surpassing it with strong momentum could set off an exponential rally akin to 2021โs price discovery phase. The Bullโs Fate: $86,200 Decision Point Adler notes that crossing $86,200 might confirm the start of a meteoric climb. Without surpassing it, BTC could stall within a high-risk zone where short-term holders historically cash out. Will BTC follow historical Fib trends, or is a new pattern emerging? All eyes on $86K for signs of the next leg up. Stay tuned with @Professor Mende - Bonuz Ecosystem Founder as Bitcoin flirts with groundbreaking highs and tests the strength of this bullish cycle! #Bitcoin #BTC #BitcoinPrice #PricePrediction #CryptoMarketNews
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๐ฅ Bitcoin BREAKS RESISTANCE & Wipes Out Bears! The massive sell walls between $65K and $71K that held Bitcoin back for weeks? Gone! Bitcoin has smashed through $68K to $70K, obliterating those resistance levels and liquidating short traders in the process. Short Traders in Panic Mode The bears were trappedโmassive liquidations swept through as BTC surged, sending traders who bet against the market running for cover with empty pockets. The longstanding wall of sell orders at these key price points has now been cleared, leaving the path open for Bitcoin to continue its climb. Why It Matters With these barriers gone, bulls now control the momentum. The market liquidations are fueling even more buying pressure, and this breakout is shaking off the last resistance holding BTC back. $85K+ could be the next target if Bitcoin maintains this pace. Bull Run Just Getting Started? Bears have retreated, and Bitcoinโs dominance is surging again. The market looks primed for a continued rally, with bullish sentiment growing by the minute. The big question: Can Bitcoin keep this momentum going? Stay tunedโthe next leg up might be explosive! Stay updated with @Professor Mende - Bonuz Ecosystem Founder #CryptoMarketNews #BitcoinPrice #Bullorbear #Bullrun #Bullish $BTC
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๐ Bitcoin Officially BREAKS FREE from a 7-Month Downtrend! After months of consolidation, Bitcoin has finally broken out of its seven-month downtrend, fueling excitement among traders and market watchers alike. With sustained multi-day closes above its previous trading range, BTC has ignited a fresh wave of optimism in the market. Veteran trader Peter Brandt and others have taken note, with many eyeing targets between $85,000 and $160,000. This breakout is inspiring traders to open new positions, betting on even higher highs as Bitcoinโs momentum continues to build. Why is This Breakout Important? This range break signifies a clear end to the downtrend thatโs haunted BTC since early 2024. A confirmed close above key resistance levels has restored confidence in the bulls, and traders are now targeting the next major price levels. Whatโs Next for BTC? With this breakout, bullish targets range between $85,000 to $160,000, according to Brandt and other analysts. Market sentiment is shifting, and a push toward these higher levels is gaining momentum. Investors are rushing in to capitalize on this potential long-term rally. Could This Be the Start of a New Bull Market? If Bitcoin continues to hold above its previous range and gathers steam, this could mark the beginning of a new bull cycle, pushing prices to all-time highs. Follow @Professor Mende - Bonuz Ecosystem Founder to stay updated! #Bitcoinprice #bitcoin #btc #CryptoMarketNews #BinanceBlockchainWeek $BTC
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Meet me at the Binance Blockchain Week! Excited for the epic program and to meet so many of you!
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