It appears that the current downturn in the market is not a genuine reflection of its true value, but rather a temporary and orchestrated effort to liquidate long position holders.
This tactic aims to induce panic selling among investors, thereby driving down prices further. However, it's essential to remain calm and not succumb to fear-driven selling.
This downturn is being engineered to create the illusion of a falling market, prompting holders to sell their assets hastily. Instead, it's important to recognize this manipulation and hold onto investments, as a significant upward movement is anticipated in the coming days. By maintaining composure and resisting the urge to sell, investors can potentially benefit from the impending pump in the market.
📉 Beware the cycle of history repeating itself! Remember 2022 when BTC plummeted from $48,200 to $16,500 in mere weeks? Now, in 2024, many anticipate a sky-high $150k BTC, but let's learn from the past. Big Whales manipulate the market, using mainstream media to lure in hopeful investors. When profits peak, they swiftly withdraw, leaving others in the dust. Don't fall victim to their game! Act wisely. With BTC hovering around 70k, consider securing your funds now. History shows us that BTC may not surpass $75,000 this year. Protect your investments, stay vigilant! 💡💰 #CryptoInsights #ProtectYourAssets #Memecoins #
NO NEED TO WORRY … #Bitcoin IS FALLING AND DUMPING AGGRESSIVELY BUT DONT PANIC OR GET SCARED OR NERVOUS … THESE CORRECTIONS AND DUMPS ARE HEALTHY FOR THE MARKET … CONSIDER IT AS AN OPPORTUNITY AND BUY MORE ( DCA ) …
THIS DUMP N PUMP IN BITCOIN BTC AND MARKET IS A MARKET MOVE … SO DONT PANIC AND DONT SELL IN LOSS … HOLD YOUR BAGS AND HAVE PATIENCE … ❤️
BTC is unable to break above $71500. So the whole market saw the volatility and it dropped below $69K.
To understand the sentiment of the market you need to understand the levels at which the price is trading. For the sake of simplicity, I will divide it in three levels.
Level 1= BULLISH (Above $71K)
Level 2= State of Un-Decision (Below $71K but above $67K)
Level 3= BEARISH (Below $67K)
You will see the sentiment of the market will change with these level and the influencers and content writers will change with these levels.
You gotta keep an eye on the BTC price if its on Level 2. If BTC falls below $67K it will drop around $62300-$63800.
👉 Please DYOR before you open or close any trade. 👉 Please keep in mind the market volatility. 👉 This is not a financial advice.