To help promote her new DVD: How To Retire With More Money Than You Need, Tillie Allison joins Merlin for a look at what factors are moving the markets. She also talks about why she recently opened long positions on the major indexes based off of ProActive investing indicators. Tillie emphasizes the importance of ProPicks, and how she uses them to help strengthen her trades in a variety of asset classes.
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Ripple is stuck in a bearish trend, trading near $1.30 on Thursday. The remittance token’s bearish shift reflects the broader cryptocurrency market, which remains under heavy selling amid concerns about accelerating inflation in the US.
Pi Network (PI) trades around $0.0780 at press time on Thursday, rising from $0.0740 earlier in the day. Pi Mainnet is scheduled for the Protocol v28 upgrade on Friday, focusing on data handling and smart contract maintenance.
Cryptocurrency prices remain under intense selling pressure on Thursday, with Bitcoin struggling to hold above $81,000 after testing its key demand area near $80,000. Ethereum reflects Bitcoin’s weakening technical outlook, edging lower below $2,400.
Bitcoin extends losses, slipping below $81,000 on Thursday as hotter-than-expected US inflation data weigh on market sentiment. Institutional demand weakens as BTC spot ETFs recorded an outflow of over $261 million on Wednesday.
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