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Welcome To Crypto World

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We all know how popular bitcoin is and how it has gradually become the most important currency in the world of cryptocurrencies, just like the big currencies like the dollar and the euro have a lot of influence in the world's stock and currency markets. In our part of the world, within the niche that we have created for ourselves, Bitcoin is King or Queen if we look at the power play on the chessboard and its moves seem to have a lot of influence on the market.

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Recently things got a little scary for us, we woke up one morning only to find our King or Queen player down to $ 24,500 and as usual he was good at pulling all the crypto with him. Our Steem is as low as $0.1565 on Binance and it almost reminds us of the covid era when it was 10 cents. We crossed our fingers and hoped from our hearts that the bull would soon take over the support level and that the good news would soon reach our listeners.

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All of this Luna was also driving investors into fear, panic and pain after Grace dropped Grace over $100 worth of assets or coins to what is now $0.000189. Properties worth more than millions are now worth nothing, while some lucky buyers at the right time in the fall managed to find their property in seconds. It was then that the price jumped from $0.00013110 to $0.00059500 and another time when the price jumped from $0.6889 to $7.8800.

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Now, it's getting worse, and some experts claim it could soon be dead money, so don't risk your money or what you can't afford to lose. In other news, Bitcoin is facing another resistance and anything can happen. It is possible that the 31K to 32K area will be crossed followed by another point or we could see a continuation. If we pass 32K, we are good to go; Otherwise we can go back to 28K. Fingers crossed, but now everything looks good and we seem to be recovering well enough...

Writer

@nabeelsaqib