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Elish95
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BITCOIN DUMPS
As said some few weeks ago, told you guys the whole market will dump below 60k.
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BTC
91,853.28
+0.85%
926
0
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SAUDI ARABIA TO DECOUPLE FROM THE DOLLAR. ____________________________________ The Kingdom of Saudi Arabia through Crown Prince Mohammed Bin Salman has decided not to renew a US-Saudi security agreement which is said to expire on the 9th of June, 2024. This decision is hugely significant because, it gives the Kingdom of Saudi Arabia the go ahead to sell oil and other related commodities in other currencies such as RMB, Euros, Yen, Yuan, and etc. This marks a major shift to Challenge the petrodollar system since the US was decoupled from gold in 1972 with the collapse of the Britton Woods system. This move is expected to speed up the process of de-dollarization. #BTC☀ #shiba⚡ #NOT
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BILLIONS SET TO EXPIRE IN BITCOIN AND ETHEREUM It's a significant day for the bitcoin community today. In the Bitcoin and Ethereum markets, there will be almost $2 billion worth of options that expire. Data from the derivatives market indicates that 320,000 Ethereum options valued at $930 million and 18,000 Bitcoin options valued at $1.2 billion will expire. The direction and volatility of the markets may be significantly impacted by this major expiration.Ethereum is trading over $3k, while Bitcoin is trading over $66k. When it comes to assessing the overall mood in the market and how investors position themselves, the state of the markets offers crucial hints. Put-Call Ratios and the Actions of Investors An essential indicator of which way investors are leaning in the options market is the put-call ratio. #btc #ETH #buythedip
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