@Waterman_crypto That is the spirit my man! To err is human, we are allowed to be wrong sometimes. These toxic people are just noise, ignore them, move on then spending your time and effort with decent human beings.
@TheComfyPoster @Yussoonn_ Totally agree with you sir! We Vietnamese only like hearing compliment and good things. Criticism is something we cant endure. When things are not rosy, nationalism is our last resort.
@BowTiedXmas@LucasFoxNews@SundayFutures By 2019-2020: Chinese firms almost completed their transition into Vietnam - just hired cheaper labour while imported materials and production parts from their existing supply chain in Southern China. Just like moving a factory from Alta California - USA to Baja California Mexico
@BowTiedXmas@LucasFoxNews@SundayFutures Then they chose Vietnam as an ideal location - very close to the supplychain network in Southern China - Guangdong -Zhejiang- Fujian- Jiangxi. Just like how Mexico is geographically close to California, Oregon, Texas and Arizona.
As Manchester United get humiliated by City at home, a reminder that Erik Ten Hag drove @Cristiano out of the club and said he’d lose no sleep over it… and that the same @Cristiano has since scored 43 goals for club & country this year.
The guy’s a total fraud.
Many are calling for new lows for #crypto. That looks unlikely!
Here's why:
MACRO
- $DXY has been on a sharp decline for a while now. Risk-On assets like crypto are inversely correlated to DXY.
- A lot of countries are ditching the US dollar for the Chinese Yuan or their native currencies. The current chaos caused by this move seems like the perfect environment for $BTC (and crypto!) to shine!
- $GOLD is in an uptrend and looks poised for new highs. $BTC has been directly correlated with Gold lately.
- #Nasdaq and S&P 500 are in an uptrend. Crypto has been strongly correlated with them for quite a long time now.
- Quantitative easing (QE) from the FED through BTFP which has injected liquidity into the system.
- Inflation has peaked and is falling.
- Forecasts are showing a strong possibility that the FED is on track to stop rate hikes.
- China continues to inject a lot of liquidity into the system.
CRYPTO/LOCAL
1. Crypto has witnessed the most aggressive regulatory attack in its history in the past few months; including attacks on #Binance, #Coinbase, #Kraken, and #Kucoin by US government agencies.
2. The US government dumped hundreds of millions of dollars worth of $BTC and indicated intentions to dump more.
3. Major banks servicing crypto firms in the US were strategically shut down.
4. The White House made clear, repeated statements that they were against #crypto.
5. US Politicians and regulators are currently predominantly anti-crypto. Just days ago, Elizabeth Warren said she is building an anti-crypto army.
Despite all the above, crypto has held strong and made new highs.
In fact, just Yesterday we had what appears to be coordinated FUD pushing rumors of an interpol red notice for @CZ_Binance (untrue!). Crypto has held very strongly despite this.
I want to make it clear that I'm no TA or market expert, however how well the market has held with all the recent happenings and the increasingly positive macro outlook shows crypto will likely make new highs before new lows.
The market basically shrugged off a combo of a CFTC attack on Binance/CZ and a strongly pushed rumor of a CZ interpol red alert (false!) in the span of a week... and has held really strong despite it. I do think if we're going lower we would be there already!
DISCLAIMER: This is my subjective opinion based on an analysis of the facts and data both on a macro and crypto level. I'm not a financial advisor and this isn't financial advice in any way!
@gorbash90@sherlock_hodles Cochran is an adjunct professor and SEO contributor. He does not litigate and likely has never tried a case in federal district court or otherwise. Especially not criminal white collar matters.
@bertch_duo@WhaleChart When two accounts owned by the same entity trades back and forth among themselves. This creates the appearance of significant trading/demand for a particular token. It helps lessor known tokens climb ranks and get noticed when it’s really just one person trading back and forth.