Bitcoin Recovery: Filling CME Gap, Wall Street Boost, and SEC's Meme Coin Stand
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In this exhilarating episode of CryptosRUs, George delves into the heart-pounding world of Bitcoin's recent recovery and the nail-biting question of whether the dreaded CME Gap has finally been filled. As Bitcoin surged back to nearly $85,000 from a nerve-wracking dip to $78,000, the market witnessed a breathtaking $8,000 recovery. The adrenaline-pumping rally left enthusiasts wondering if this marks the dawn of a full-blown recovery or just a temporary thrill.
Amidst the rollercoaster ride of market fluctuations, George unravels the mystery behind the rally, pointing to Wall Street's positive performance and the impact of news on tariffs. The market's oversold condition serves as a beacon for enthusiasts to seize the moment and dive into the action, despite the manipulative maneuvers of whales and the frenzy of panic selling that gripped both Wall Street and retail investors.
The episode takes a dramatic turn as the SEC's groundbreaking declaration on meme coins not being securities sends shockwaves through the crypto world, offering a glimmer of hope amidst the chaos. With lawsuits dropping like dominoes, including the recent case against ConsenSys, the regulatory landscape appears to be shifting, promising a more stable environment for crypto enthusiasts. George concludes with a thrilling teaser for the upcoming Bitcoin 2025 conference in Vegas, inviting viewers to join him on this adrenaline-fueled journey through the world of Bitcoin.
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Viewer Reactions for HUGE Bitcoin & Crypto Recovery...CME Gap Filled?
Every cycle has a 30% drop before the big green candle
"When in doubt zoom out"
Wall Street needs to HODL like Bitcoiners
Some believe the retracement is not over yet
Buying the dip and not letting whales shake you out
Market decides the price, not dreams
White Rock is mentioned as a retirement crypto
BTC dominance is still high, alts are still struggling
Predictions on BTC stalling around 84-85k and retracing to 73-75k
Caution advised on potential bear trap and the CME gap not being fully recovered
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