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Bitcoin's short-term outlook appears bearish as it dips below key moving averages, hinting at a potential death cross scenario1. Despite this, Metaplanet's recent investment of 250 million signals confidence in Bitcoin's enduring value2.
The price of cryptocurrency, including Bitcoin, is influenced by several key factors. 1. Supply and Demand 2. Market Sentiment and Psychology 3. Fundamentals 4. Technical Forces 5. Macroeconomic Factors 6. News and Events 7. Behavior of Whales and Influential Holders 8. Celebrity Endorsements and Social Media.
@negiin @greenstar @bhar
The future lies before, like a field of fallen snow, be careful how you tread it, for every step will show.
I decided to put all my eggs in one basket and invested my life savings in meme coins. Now, instead of a retirement plan, I have a portfolio full of dog memes and internet jokes. Guess I'll be laughing all the way to the moon... or the dog park...