Summary of the Past 12 Hours 📉
1. Iran's Attack: Iran launched a drone attack on Israel.
2. Crypto Market Reaction: Bitcoin and other cryptocurrencies started crashing because of this event.
3. Liquidations: About $600 million worth of assets were liquidated in just one hour as Bitcoin and other cryptos plummeted without much support.
4. Buying Recommendation: GCRClassic suggested it was a good time to buy certain coins with strong potential.
5. Market Response: The market quickly responded to the tweet, causing prices to rise.
6. Iran's Statement: Iran announced that the situation was resolved.
7. Market Recovery: Bitcoin and other cryptocurrencies bounced back strongly after this news.
8. Black Swan Event: This event was unexpected, similar to the events of 2020 but on a smaller scale.
9. Bottom for Alts: In my opinion, the lowest point for alternative cryptocurrencies has been reached, unless there are further attempts to manipulate the market.
#nadyisom