WHY IS BITCOIN DUMPING?
1) IRAN-ISREAL WAR
YESTERDAY, IT WAS REPORTED THAT IRAN IS PLANNING TO ATTACK ISRAEL FROM THE IRAQI TERRITORY.
AS WE ALL KNOW, WAR IS BAD FOR BITCOIN AND CRYPTO
2) TECH GIANTS EARNINGS DISAPPOINTMENT
YESTERDAY, MICROSOFT AND META POSTED WEAKER THAN EXPECTED RESULTS
EVEN THOUGH THEY BOTH BEAT EXPECTATIONS, THE RISING COST ON AI CAUSED THEIR STOCK DUMP, THUS TAKING DOWN THE ENTIRE MARKET WITH IT
3) RISING BOND YIELD
10-YEAR NOTE IS NOW TRADING ABOVE 4.3%, WHICH HAS HISTORICALLY SUPPRESSED DEMAND FOR EQUITIES
4) CORE PCE RISING
CORE PCE ROSE SLIGHTLY ABOVE 2.7%, WHICH COULD PUSH THE FED TO BE A BIT MORE HAWKISH.
CONCLUSION
IMO, ALL THESE THINGS ARE JUST THERE FOR A TEMPORARY DUMP.
JUST LIKE UPTOBER, MOONVEMBER HAS STARTED WITH A DUMP, AND IT'LL END WITH BTC GOING ABOVE $80,000+.
🔥GOOD MORNING EVERYONE !!!⚡️
🔥WANT NEW FOLLOWERS?➡️FOLLOW ME AND RETWEET!
🔥REPLY WITH IFB⚡️
🔥I FOLLOW BACK ACTIVE FOLLOWERS!!⚡️
🔥DROP AN EMOJI & FOLLOW EVERYONE WHO LIKES IT!!!
Update on $Linea.
"Welcome to Linea Park: Where Your Web3 Gaming Adventures Begin".
-Mint Linea Park, Limited supply is 5k, 1,843 has already been minted.
-It's a free Mint but you're paying a $3 gas fee.
-Connect your wallet & click on Mint.
Open Campus ID Allowlist is now LIVE!
Visit https://t.co/uSKhOOidsy, connect your wallet, and join the Allowlist for the OC ID to get your .edu address
*Exclusively available to $EDU and Genesis NFT holders ONLY
Phase 1 Allowlist opens until supply (1,000 spots) runs out 💫