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@pedro_moore
Pedro Moore
Golf⛳️ Business Administrator Galatians 6:9 Let us not become weary in doing good, for at the proper time we will reap a harvest if we do not give up.
19 following2 followers
any indicator will tell you this little bull run was a strong one. the strongest since (at least ) April ‘22. I hope we see 12 because it'd be a sweet price we haven't seen in some time!

$BTC.X Everyone initially thought that the price would not go below 20,000. But guess what.... it did. it went to 15,000 and hovered there for a month. I predict that the price would go to around 15,000-17,000, 2 months before it happened. Don't be surprised when the price floors to around 12,000 within the next few months. if you look at the 1-year chart... you can tell that this is just a small pump and is nothing special.

Concerns of US Recession Mount as Corporate Earnings Disappoint
After a couple of bullish weeks, stocks, precious metals, and cryptocurrencies were down on Jan. 25, 2023. As investors awaited the next U.S. Federal Reserve meeting, the state of the U.S. economy showed a great deal of weakness. Earnings reports from Microsoft, Union Pacific, Texas Instruments, and others on Wednesday indicated that the economy was not improving and added to lingering concerns about a potential U.S. recession.

All four benchmark stock indexes in the U.S. — DJIA, SPX, IXIC, and RUT — were down between 1% and 2.05% during the early morning trading sessions on Wednesday.
On Wednesday morning into the afternoon, the four benchmark stock indexes the U.S. — the Dow Jones Industrial Average (DJIA), the S&P 500 (SPX), the Nasdaq Composite (IXIC), and the Russell 2000 (RUT) — were all down between 1% and 2.05%. In addition to lackluster earnings reports from some of the country’s largest firms, industrial production in the U.S. slipped roughly 0.7% in December 2022.

Industrial production also dropped in November 2022, falling 0.6% year-over-year. Another shocker was the fact that retail sales during the holiday season were also low in November and December 2022. Data indicates that retail sales slipped 1.1% last month and, while the holidays were in full effect, it was the largest drop of the year.$BTC.X $BUSD.X $USDT.X
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Crypto, Equity, Metal Markets Plunge as Tech Earnings Disappoint and US Economic Weakness Deepens
Equity markets began the day in the red following the latest corporate earnings reports from some of the world’s largest firms, including Microsoft. The tech giant’s recent conference call was considered disappointing, and earnings from firms such as Boeing, Texas Instruments, and 3M were also lackluster. Gold and silver prices were down between 0.43% and 0.72% on Wednesday, and the cryptocurrency economy dropped 2.79% against the U.S. dollar in the past 24 hours.$BTC.X $FXC.X $ETH.X $USDT.X
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