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Cloud hosting for profitable cryptocurrency mining services ✌️【Online Recruitment】✌️From ₹500 to massive profits. Start investing now for high returns!Traders at Singapore-based QCP Capital attributed the market crash to overly bullish sentiment in the past month.“While it is easy to blame the selloff on the Fed’s hawkish cut, we believe the root cause of the morning’s crash to be market’s overly bullish positioning,” QCP said in a Telegram broadcast.“Since the election, risk assets have enjoyed an impressive one-sided run, leaving the market extremely vulnerable to any shocks.
Cloud hosting for profitable cryptocurrency mining services ✌️【Online Recruitment】✌️Start with ₹500 and enjoy up to 100% returns monthly. Make your money work for you!While the Fed's 25bps cut was expected, the source of panic can be attributed to the dot plot, which was revised lower.
Due to persistent inflation, the Fed now projects two rate cuts for 2025 compared to the market’s consensus of 3 rate cuts,” QCP added.December tends to behistorically bullishfor bitcoin in a move colloquially termed the "Santa Claus Rally." Data from the past eight years shows that bitcoin ended December in the green six times since 2015, running at least 8% to as much as 46% (in the outlier year of 2020).Seasonality is the tendency of assets to experience regular and predictable changes that recur every calendar year.
Cloud hosting for profitable cryptocurrency mining services ✌️【Online Recruitment】✌️Start with ₹500 and grow your wealth through blockchain and AI-powered investments!While it may look random, possible reasons range from profit-taking around tax season in April and May, which causes drawdowns, to the generally bullish November and December, a sign of increased demand ahead of holiday season.Shaurya is the Co-Leader of the CoinDesk tokens and data team in Asia with a focus on crypto derivatives, DeFi, market microstructure, and protocol analysis.
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