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DoomPosting
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Degens Deteriorating
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BREAKING:

The US government shutdown is now forecasted to last nearly 24 days.

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USDT DOMINANCE = Potential Bearish Retest

BITCOIN = Potential Bullish Retest

We are going higher soon

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1 year ago, Oprah declared women will lose their right to vote if Trump wins. Update?

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BREAKING: Gold's MONTHLY RSI hits 91.5, marking its most "overbought" level on record.

Not even 2001, 2008, or 2020 saw a reading of 90+!

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Liquidity conditions keep improving and that’s strongly supportive of Bitcoin’s growth.

This same trend has been in place since 2023, carrying Bitcoin from the bottom of the bear market below $25K to around $125K today.

The bull market remains anchored in this macro backdrop.

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JUST IN - German police said Wednesday that the prime suspect in the stabbing of a newly elected town mayor was her 17-year-old adoptive daughter

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BREAKING: The S&P 500 surges to a fresh record high, now up +35.5% in 6 months.

That's +$16.5 TRILLION in market cap since April 7th.

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The law also says that minors up until the age of 16 will be able to make a social media account only with the express approval of their parents.

The law adopted by the Romanian Senate is extreme even for the EU's standards, who do not require social media companies to demand a picture of the user's ID to log in, reserving only to block/hide certain parts of the internet who may be not safe for viewing for all audiences and those that wish to access them, being obligated to provide an ID or a picture of their face.

Thousands of apps and websites may soon be blocked in Romania due to the refusal of the websites/app's developers to implement such a draconian measure.

The drawbacks of this law are evident. Apps will be required by the Romanian state to collect mountains of data and identify every single one of its users by their real name, age and address, data which can be stolen by hackers and used to scam them. Then there is the freedom of speech aspect. As anonymity is eliminated and as the law considers that every word posted on the internet is subject to the same regulations as in written press, TV, books and films, that makes you liable for criminal punishment if the particular opinion breaks the law.

: I think, for safe measure, it is time to wipe clean your social media accounts, deleted old ones and make new ones. If they do end up forcing me to log on to Telegram using an ID, that will be the end of this channel.

Wallachian_Gazette

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A 20-year-old Afghan asylum seeker has been arrested for raping an 80-year-old woman to death in Niort, France.

The woman died from her injuries shortly afterward.

The victim was followed home by the rapist after visiting her 100 year old mother in a retirement home where the Afghan man worked as a caregiver.

French law classifies the attack as "rape resulting in death without intent to kill" (viol ayant entraîné la mort sans intention de la donner)

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Trump’s National Guard crackdown on crime-ridden cities, including DC, LA, Portland, Memphis, and Chicago, has boosted his support among urban voters.

A September TIPP poll found Trump’s approval in US cities has risen to 47%, giving him a +3 net rating.

Separately, ActiVote found his urban approval improved from –25 in August to –14 in September.

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WHY BITCOIN AND ALTS ARE DUMPING?

THE CRYPTO MARKET HAS LOST $140 BILLION IN THE LAST 24 HOURS.

4 REASONS BEHIND THIS DUMP:

1⃣ OG WHALE SELLING

YESTERDAY, AN OG BITCOIN WHALE DEPOSITED 3000 $BTC AND STARTED SELLING.

THIS ISN'T A BIG AMOUNT, BUT THE MARKETS PANICKED BECAUSE OF ONE THING.

THIS WHALE STILL HOLDS $3.4 BILLION IN BTC AND COULD START SELLING HIS ENTIRE HOLDINGS.

2⃣ RISING INFLATION

YESTERDAY, NY FED INFLATION EXPECTATIONS ROSE TO ITS HIGHEST LEVEL IN 3.5 YEARS.

HIGH INFLATION MEANS THE RATE CUTS PROBABILITY WILL GO LOW, WHICH IS BAD FOR RISK-ON ASSETS.

3⃣ LEVERAGE FLUSH

AFTER BTC NEW ATH, NEARLY $3 BILLION IN OPEN INTEREST WAS ADDED.

THIS WAS GREEDY LONGS CHASING BITCOIN PUMPS, AND MARKET MAKERS ALWAYS FLUSH THEM.

4⃣ GOLD AND DXY RALLY

JUST LIKE THE BTC PUMP SUCKS LIQUIDITY FROM ALTS, THE GOLD PUMP IS SUCKING LIQUIDITY FROM RISK-ON ASSETS.

ON TOP OF THAT, DXY IS ALSO GOING UP, WHICH IS CAUSING MORE DAMAGE TO BITCOIN AND ALTS.

WHAT WILL HAPPEN NEXT?

THERE'S NO DOUBT THAT Q4 WILL BE BULLISH FOR BITCOIN AND ALTS.

NONE OF THE BULLISH CATALYSTS HAVE BEEN PRICED IN, AND THERE'S NO EUPHORIA ON THE TIMELINE.

BUT JUST LIKE 2023 AND 2024, WHALES WILL FIRST SHAKE OUT THE WEAK HANDS.

ONCE PEOPLE START BELIEVING THERE'LL BE NO Q4 PUMP, A MASSIVE RALLY WILL START.

I THINK THE WORST-CASE SCENARIO NOW COULD BE A FEW WEEKS OF CHOP BEFORE A REVERSAL.

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BREAKING: Derrick Groves, the last of ten inmates who escaped the New Orleans jail, spotted in Atlanta, law enforcement surround home - WDSU

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