YunonJin (imyunonjin)

YunonJin

Web3 Agent Yunon Jin, nice to meet y! Illuvium land holder / Web3 Gamer / Airdrop Hunter / Web3 Optimist https://app.towns.com/t/0x43d82b56605e76013a7bfa0fac3940b45698269e/

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Recent casts

I lost $2,600 today because of my own stupidity, guys, always think about what you're doing.

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By today we have a range from 101K to 104K. I see 2 options for me - we will break 104K from current levels and test the next resistance in the area of 107K. Or we will go to the 101K area again, and from there we will rush upwards. ❕ The deplorable situation in the stock markets did not affect crypto much. Perhaps the younger market's dependence on fundamental assets is becoming less and less. Crypto is no longer a scam in the eyes of the masses. This is good and bad at the same time. On the one hand, new investors will enter the market and it will grow. On the other hand, newcomers will try to take away their assets, so we should be prepared for increased volatility.

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You guys, come into my TOWNS https://app.towns.com/t/0x43d82b56605e76013a7bfa0fac3940b45698269e/

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Top casts

Bitcoin could be a bargain at 80K if its price continues to correlate with the stock market. This is the conclusion reached by Bravo Research. In its latest macro report dated 31 December, titled "Will Bitcoin's collapse begin in 2025?" Bravo warned that BTC's "parabolic" growth could slow down in early 2025. Record outflows from the largest U.S. Bitcoin ETF, weak stock market performance and Fed policy tightening have cooled investor optimism. Bitcoin ETFs now hold 1.15 million BTC and continue to buy about 3,000 bitcoins daily. At this pace, bitcoin could rise another 50 per cent in 50 days. However, even a slight slowdown in buying through ETFs could trigger a decline. Analysts calculated. Even if flows into ETFs become positive again, this does not guarantee a rise in the price of BTC. For example, in March 2024, the price of bitcoin fell by 30 per cent, even though ETFs continued to buy. Bravos added. Do you think we are in for such a deep correction?

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Onchain profile

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