You will miss this dip 📌

JUST IN: Institutional shorting of Bitcoin has significantly decreased, with CME futures net positions down 75% in the last 5 months.

#Bitcoin #BitEagleNews

Senator Cynthia Lummis on 🇧🇹 Bhutan: “Another country joins the Bitcoin race.

America needs a Strategic Bitcoin Reserve as soon as possible to remain a financial leader in the 21st century.”

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JUST IN: 🇩🇪 Germany’s Commerzbank to launch #Bitcoin trading and custody.

Commerzbank has 11.6m retail customers.

#BitEagleNews

Do you know the question I ask myself every day?

“What would the future me, want me to do today?”

Every day, decisions are right in front of you.

You either make choices that push you forward,

Or you take the easy way out and let your future self pay the price.

There’s no middle ground.

#Token2049 #FOMC #BitEagleNews

BREAKING: 🇺🇸 Donald Trump pays for food at a bar using #Bitcoin

NEW: The state of Louisiana now accepts Bitcoin as a valid form of payment 👀🙌

#Bitcoin #BitEagleNews

Powell cut rates because without doing so, this chart would go exponential even faster.

BREAKING: 🇺🇸 Federal Reserve cuts interest rates by 50bps for the first time in 4 years.

In 2023, the Fed issued more debt than during the 2008 financial crisis and COVID combined.

Why?

To fix a banking crisis it created by downplaying future rate hikes and inflation risks, then aggressively raising rates—only to issue more debt to cover the instability.

#FED #BitEagleNews

JUST IN: 🇨🇭 Europe's 3rd biggest stock exchange is exploring launching a Bitcoin and crypto exchange.

#Bitcoin #BitEagleNews

JUST IN: 🇺🇸 Hedge fund manager Anthony Scaramucci says Bitcoin could hit $100,000 by the end of the year 🚀

#Bitcoin #BitEagleNews

𝙏𝙤𝙙𝙖𝙮 𝙢𝙖𝙧𝙠𝙨 𝙩𝙝𝙚 𝙛𝙞𝙧𝙨𝙩 𝙧𝙖𝙩𝙚 𝙘𝙪𝙩 𝙧𝙚𝙙𝙪𝙘𝙩𝙞𝙤𝙣 𝙨𝙞𝙣𝙘𝙚 𝟒 𝙮𝙚𝙖𝙧𝙨.

The first rate cut since March 2020 (previous bull run).

The forecast and expectations of the market today are:

- 0.25% rate cut = bullish
- 0.5% rate cut = bullish
- No rate cut = bearish

The good news? No rate cut is basically already off the table.

It's been confirmed a rate cut will happen. The question that remains is whether it will be 0.25% or 0.50%.

At the same time this has also been confirmed to just be the start of a series of rate cuts that will extend into 2025 (rate cut cycle).

~

I believe the move of the announcement has already largely priced in.

We know there's a rate cut coming and the market already made a bullish move yesterday to front-run it.

~

The potential bad news? (we got to look at each side of the coin)

Rate cuts are both a blessing and a curse.

Of they achieve what they intend to do? It's bullish.

They lower borrowing costs for mortgages, auto loans and credit cards, as well as for business loans.

It is also intended to sustain healthy economic growth.

Spending becomes easier and this leads to a positive effect to the financial markets.

But rate cuts are also the cure to something that needs to be solved (a looming recession).

If it is to late and we don't achieve a soft-landing things could break and get worse.

~

My opinion?

If things "break" we will likely see the effects of that in only 6 months to 1 year.

Other than that I expect the markets to overall react positively to the rate cuts for the next few months.

So either we have bullish price action which will sustain itself for a longer amount of time.

Or we will have bullish price action but lasting shorter than anticipated and we will have to adjust take profits or risk-off earlier when rate cuts aren't helping.

#RateCut #Bitcoin #BitEagleNews

At 25, my net worth is $25M.

Here's how I got there:

🔶 Saved $700 from my job over 8 years

🔶 Saved $500 from my side hustles

🔶 Received a $30M gift from my parents
when I turned 18.

Follow me for more amazing personal
finance advice and tips.

#BullRun #BitEagleNews #Cryptohumor

1. CONSOLIDATION FOR NOW.

This is the calm before the storm.

It’s a quiet phase,

But don’t let your guard down.

2. BULL RUN BY END OF 2024.

When it takes off, it’ll be fast.

Hesitation will cost you,

Those who delay will get left behind.

3. TOP AROUND Q2 OF 2025.

This is where greed takes over for most.

They'll convince themselves it can’t end.

But I’ll tell you PRECISELY when to exit,

Just like I did in the last cycle.

If you’re not alert,

You’ll be the one stuck holding the bag.

4. RECESSION BY END OF 2025.

The crash will be brutal and sudden.

By the time the crowd catches on,

It will already be too late.

Those who ignored my warning will be wiped out.

Only the disciplined will be profitable this cycle.

You must be prepared,

Or you’ll watch your hard-earned profits vanish.

#FOMC #Bitcoin #BullRun

NEW: "Don’t be a 'late in life loser' saving fake money and fake assets.

Be a young and rich retiree who is financially free because you saved real assets:

Gold, Silver, & #Bitcoin ," says Robert Kiyosaki.

#BitEagleNews

NEW: 🇳🇴 Hadsel residents are facing higher electricity bills after a Bitcoin mine was closed due to noise complaints.

The shutdown, initially seen as a victory by local activists, has resulted in a revenue loss for the town's electricity company, which had to raise charges.

#Bitcoin #BitEagleNews #Mining