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Bitcoin Gurukul
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Bullish
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🚨 Foreign Direct Investment into India has fallen by nearly 50% over the past five years
A key factor contributing to the weakening of the rupee (₹).
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Crypto made this year feel worse than: -COVID crash -FTX collapse -LUNA crash -SEC + Gensler’s lawsuit spree -Celsius & BlockFi bankruptcies -3AC collapsed. And yet… -Stocks sitting at ATHs -Gold & silver in parabolic pump and ATHs -Fed buying T-bills -Global M2 keeps expanding -A US pro-crypto president in office -Regulatory Clarity and Pro-Crypto Policies in the US -Crypto Institutional Adoption We are not scared anymore, we are tired. Tired of waiting Tired of believing But listen, market rallies don’t start when hope is high, it’s when people are tired, frustrated, and ready to give up.
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We just got 3 mega bullish news today. U.S. Core CPI inflation has dropped to 2.6%, the lowest level since March 2021. (More rate cuts + QE in 2026. ) The Bank of England has cut rates by 25 bps. The European Central Bank has raised its economic growth forecast for the next 2 years. This should be enough fuel to pump the crypto market higher.
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India’s tax system is killing #web3 innovation. 💸30% flat tax on crypto gains 🔁1% TDS on every trade 🚫No offset of losses Instead of leading Web3, builders & capital are fleeing. India needs reform, not exile. #crypto #blockchain
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My expectations for today's CPI: CPI > 3.1% ➺ $BTC will dump CPI = 3.1% ➺ BTC will dump CPI < 3.1% ➺ BTC will dump Even if CPI comes at 2%, cartels will find a way to dump Bitcoin.
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BREAKING: White House Economic Advisor Kevin Hassett says it’s appropriate to lower interest rates right now.
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