KSLBroking
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Short RecommendationEntry Level: Below $94,000Stop Loss (SL): $111,111This surge has been largely attributed to President-elect Donald Trump's pro-cryptocurrency stance, including promises of deregulation and the establishment of a national strategic Bitcoin reserve.However, concerns are emerging regarding Bitcoin's current valuation. Analysts warn that the market may be overheating, with some predicting a potential correction of up to 35%. COINTELEGRAPHAdditionally, Federal Reserve Chair Jerome Powell has stated that the U.S. central bank cannot hold Bitcoin, which has introduced uncertainty into the market.This analysis is for educational purposes only. Always consult your financial advisor before making any investment decisions. Cryptocurrency trading involves significant risk, including the potential loss of capital. Ensure to evaluate your risk tolerance and conduct thorough research.Active Trade.
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Any content and materials included in Sahmeto's website and official communication channels are a compilation of personal opinions and analyses and are not binding. They do not constitute any recommendation for buying, selling, entering or exiting the stock market and cryptocurrency market. Also, all news and analyses included in the website and channels are merely republished information from official and unofficial domestic and foreign sources, and it is obvious that users of the said content are responsible for following up and ensuring the authenticity and accuracy of the materials. Therefore, while disclaiming responsibility, it is declared that the responsibility for any decision-making, action, and potential profit and loss in the capital market and cryptocurrency market lies with the trader.