SHARP $48K BITCOIN RALLY BY AUGUST TO ABRUPTLY FOLLOW MARKET RETREAT!! DEFI ON BTC COMING SOON!!

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Bitcoin DeFi

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A high-profile crypto trader is discussing what he believes is in store for Bitcoin heading into the rest of the year. 

The pseudonymous trader, known as ‘Crypto Kaleo’, also shares a chart overlaying with his projected July BTC price action. According to the trader’s chart, Bitcoin might consolidate until the end of July, and then take off and hit $48,000 by August.

“This isn’t to say that history mirrors itself perfectly, but it often rhymes.”

In other trending Bitcoin News today: DeFi on Bitcoin: Jack Dorsey says Square’s new division will make it happen.

Square CEO Jack Dorsey has revealed that the firm is building a new division that will focus on building decentralized finance services that utilize Bitcoin.

“Square is creating a new business (joining Seller, Cash App, & Tidal) focused on building an open developer platform with the sole goal of making it easy to create non-custodial, permissionless, and decentralized financial services. Our primary focus is Bitcoin. Its name is TBD.”

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DISCLAIMER: This is NOT financial advice. The views and opinions expressed in this video are just opinions, nothing more. Trading is very risky, especially when trading with leverage. Seek financial advice from a professional and trade at your own risk because I am not responsible for any investment decisions that you choose to make.

Show Notes / Resources:

https://cointelegraph.com/news/defi-on-bitcoin-jack-dorsey-launches-new-square-division-to-make-it-easy

https://cointelegraph.com/news/paypal-increases-crypto-purchase-limits-to-100k

https://cointelegraph.com/news/bitcoin-price-tumbles-to-final-support-as-trader-warns-of-24k-btc-price-target

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