BTC_MarketPanic_Dip
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Bitcoin plummets to $52K, and Ether turns negative for 2024 amid a major market selloff. Over the weekend, BTC dropped 12%, with a 20% weekly decline, while ETH fell 21% in a day, wiping out its year-to-date gains. The selloff was triggered by the Bank of Japan's rate hike and broader market turmoil, including a sharp drop in the Nikkei and U.S. market declines. Investors are now expecting a rate cut from the Fed in September. What are your thoughts on the market's future? 📉💬
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Today 5-August-24 Create Another Big History In Crypto Currency Crash After Covid-19😶😐🙄
$BTC $ETH $BNB #BTC_MarketPanic_Dip
$BTC $ETH $BNB #BTC_MarketPanic_Dip
#BTC_MarketPanic_Dip
In the past 24 hours, Bitcoin has fallen by 12%, contributing to a 20% drop over the last week. Ether's situation is even more dire, with a 21% decline in the past day and a 30% decrease over the week, erasing all its year-to-date gains and leaving it down roughly 3% since the beginning of the year. The broader CoinDesk 20 Index reflects this trend, showing a 12% decline over the same period.pani situation in the market.
In the past 24 hours, Bitcoin has fallen by 12%, contributing to a 20% drop over the last week. Ether's situation is even more dire, with a 21% decline in the past day and a 30% decrease over the week, erasing all its year-to-date gains and leaving it down roughly 3% since the beginning of the year. The broader CoinDesk 20 Index reflects this trend, showing a 12% decline over the same period.pani situation in the market.
Bloodbath in Crypto 👇👇
The current downturn in the cryptocurrency market, often referred to as a "bloodbath," is influenced by several deep-seated factors:
$BTC $ETH $BNB
1. Regulatory Developments: Significant regulatory changes are impacting market sentiment. The EU's Markets in Crypto-assets (MiCA) law, set to be implemented in June 2024, aims to bring regulatory clarity to the crypto market. While this is a positive step for long-term stability, it has created short-term uncertainty, causing investors to reassess their positions【8†source】.
2. Federal Reserve's Monetary Policy: The Federal Reserve's consideration of interest rate cuts and the broader monetary policy stance have significant effects on the market. The anticipation of these cuts has led to volatility as investors react to potential changes in the economic environment【8†source】.
3. Technological Evolution and Market Shifts: The ongoing evolution within the crypto ecosystem, particularly the shift towards modular blockchains and the proliferation of layer-2 scaling solutions, is reshaping how different cryptocurrencies are used and valued. This technological shift is creating winners and losers within the market, contributing to volatility【6†source】.
4. Market Sentiment and Speculation: Market sentiment plays a crucial role in the crypto market. High-profile events, such as Bitcoin's halving event and speculations around influential figures like Elon Musk introducing crypto payments on social platforms, drive speculative trading. These events often lead to rapid price swings as traders react to news and rumors【8†source】.
5. Global Economic Factors: Broader economic conditions, including inflation concerns and geopolitical tensions, are also affecting the crypto market. As investors seek safe havens or adjust their portfolios in response to global uncertainties, cryptocurrencies, which are often seen as high-risk assets, experience increased volatility.
6. Institutional Involvement and Exit: The entry and exit of institutional investors can significantly influence market trends. Institutional interest has been growing, but periods of market downturn often see these large players adjusting their strategies, which can lead to sharp price movements.
These factors together create a complex and highly volatile environment for cryptocurrencies, contributing to the current market downturn or "bloodbath" as investors navigate through regulatory, economic, and technological challenges.
#BinanceHODLerBANANA #BTC_MarketPanic_Dip #BinanceTurns7 #SOFR_Spike #MtGoxJulyRepayments
$BTC $ETH $BNB
1. Regulatory Developments: Significant regulatory changes are impacting market sentiment. The EU's Markets in Crypto-assets (MiCA) law, set to be implemented in June 2024, aims to bring regulatory clarity to the crypto market. While this is a positive step for long-term stability, it has created short-term uncertainty, causing investors to reassess their positions【8†source】.
2. Federal Reserve's Monetary Policy: The Federal Reserve's consideration of interest rate cuts and the broader monetary policy stance have significant effects on the market. The anticipation of these cuts has led to volatility as investors react to potential changes in the economic environment【8†source】.
3. Technological Evolution and Market Shifts: The ongoing evolution within the crypto ecosystem, particularly the shift towards modular blockchains and the proliferation of layer-2 scaling solutions, is reshaping how different cryptocurrencies are used and valued. This technological shift is creating winners and losers within the market, contributing to volatility【6†source】.
4. Market Sentiment and Speculation: Market sentiment plays a crucial role in the crypto market. High-profile events, such as Bitcoin's halving event and speculations around influential figures like Elon Musk introducing crypto payments on social platforms, drive speculative trading. These events often lead to rapid price swings as traders react to news and rumors【8†source】.
5. Global Economic Factors: Broader economic conditions, including inflation concerns and geopolitical tensions, are also affecting the crypto market. As investors seek safe havens or adjust their portfolios in response to global uncertainties, cryptocurrencies, which are often seen as high-risk assets, experience increased volatility.
6. Institutional Involvement and Exit: The entry and exit of institutional investors can significantly influence market trends. Institutional interest has been growing, but periods of market downturn often see these large players adjusting their strategies, which can lead to sharp price movements.
These factors together create a complex and highly volatile environment for cryptocurrencies, contributing to the current market downturn or "bloodbath" as investors navigate through regulatory, economic, and technological challenges.
#BinanceHODLerBANANA #BTC_MarketPanic_Dip #BinanceTurns7 #SOFR_Spike #MtGoxJulyRepayments
LIVEAmeliorate Blossom
--
Who is Elon Musk??
CLAIM BONK COINS HERE🎁🎁🎁
CLAIM BONK COINS HERE🎁🎁🎁
#BTC_MarketPanic_Dip
🪙The key support level of $50,000 has failed. The bitcoin rate has fallen to $49,000
$BTC $ETH
🪙The key support level of $50,000 has failed. The bitcoin rate has fallen to $49,000
$BTC $ETH
i must say its trap , totally nonsense market,its not a digital currency .its just a manipulation ,how can a market falls like this .#BTC_MarketPanic_Dip $BTC
$BTC (ANALYSIS) 👇💥
Price has shown massive bearish displacement in BTC and now retesting marked yellow support zone, if price hold this support then little upside move will trigger in it, while if price breakdown here and close its daily candle below marked yellow zone then more bearish move will trigger in it onto next demand zone.
$41,400 is next support level for BTC, precaution is recommended here (Price may dump more).
@Square-Creator-1e8226237
#BTC_MarketPanic_Dip #BTC☀ #btcupdates2024 #BinanceTurns7 #SOFR_Spike
Price has shown massive bearish displacement in BTC and now retesting marked yellow support zone, if price hold this support then little upside move will trigger in it, while if price breakdown here and close its daily candle below marked yellow zone then more bearish move will trigger in it onto next demand zone.
$41,400 is next support level for BTC, precaution is recommended here (Price may dump more).
@Square-Creator-1e8226237
#BTC_MarketPanic_Dip #BTC☀ #btcupdates2024 #BinanceTurns7 #SOFR_Spike
$BTC $ETH $BNB
jab mene ye trade di thi log mujh pr hans rhy thy aj ap sb dekh skty ho sari trade successful hoga agar kisi ko personaly trade chahye to wo mujhse contact krly Alhamdulillah mene yaha jab bhi koi trade di hai kabi lose nh howa us mein 🤑🤑
03443805828
#BTC_MarketPanic_Dip #VanEck_SOL_ETFS #BinanceHODLerBANANA #Babylon_Mainnet_Launch #MtGoxJulyRepayments
jab mene ye trade di thi log mujh pr hans rhy thy aj ap sb dekh skty ho sari trade successful hoga agar kisi ko personaly trade chahye to wo mujhse contact krly Alhamdulillah mene yaha jab bhi koi trade di hai kabi lose nh howa us mein 🤑🤑
03443805828
#BTC_MarketPanic_Dip #VanEck_SOL_ETFS #BinanceHODLerBANANA #Babylon_Mainnet_Launch #MtGoxJulyRepayments
LIVEZ G R
--
$BTC Dump soon
Short entry 66300 67800
Target
65000
63300
60000
58000
55000
52000
Stop lose 69500
Short entry 66300 67800
Target
65000
63300
60000
58000
55000
52000
Stop lose 69500
Staying with your narrative is hard. 🥹
Crashes are part of the market,
I was expecting 52,000 bottom for $BTC but it already hit 49,000. People saying 30,000 is nearly impossible. 49,000 could be the final call or we go max $43,000.
One thing you must remember, everytime after halving we saw similar events that caused massive dumps, global war, market news geopolitical events etc, everytime we heard crypto is dead, it went back to new highs.
I had perfect opportunities to short but i didn’t because for educational purposes i followed the narrative, focusing on power of holding your positions with risk management, (future)As for as Spot is concerned, i am still okey, because i started buying back in 2023, some are again at entry level and some are still above my buying prices,
You have to hold your spot positions, whoever booked losses in future, don’t do same thing with your spot, everything will come back, just go and watch weekly candles for Bitcoin, you will realize that this is not the first time,
Just hold on.
I will shortly write another post on what coins you can accumulate right now, #dyor
#ZeusInCrypto #BTC_MarketPanic_Dip
Crashes are part of the market,
I was expecting 52,000 bottom for $BTC but it already hit 49,000. People saying 30,000 is nearly impossible. 49,000 could be the final call or we go max $43,000.
One thing you must remember, everytime after halving we saw similar events that caused massive dumps, global war, market news geopolitical events etc, everytime we heard crypto is dead, it went back to new highs.
I had perfect opportunities to short but i didn’t because for educational purposes i followed the narrative, focusing on power of holding your positions with risk management, (future)As for as Spot is concerned, i am still okey, because i started buying back in 2023, some are again at entry level and some are still above my buying prices,
You have to hold your spot positions, whoever booked losses in future, don’t do same thing with your spot, everything will come back, just go and watch weekly candles for Bitcoin, you will realize that this is not the first time,
Just hold on.
I will shortly write another post on what coins you can accumulate right now, #dyor
#ZeusInCrypto #BTC_MarketPanic_Dip
Sell everything ! Bitcoin Will Dump to 40k 🟪
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Bitcoin Just Hit Almost $48,000. Yesterday Night we had $60,000 and we just drowned -20% in just few hours. This is the single most bloodbath day in Crypto history after COVID crash.
> 🚨 There's reason to worry 🚨
1. Almost $1bn been liquidated from the Market.
2. Big Alts are down almost -40% in just 24 hour and almost 60-70% from March top
3. There's no sign of possible recovery or revival if people continue to fear.
> 🚀 So, is there no Hope 🚀
Hope is everywhere, we have seen lots of big and clumsy days in crypto even before, so this is nothing new.
your favourite Alts maybe down and in youe desirable zone but you don't have enough cash. yes, that the main problem for retail. we have limited resources.
But don't worry Bitcoin Already Recovering and if you using future trade just use small Stoploss to avoid wallet liquidation .
If you don't have usdt don't worry . it's okey you're not exposed unless you took debt and pour into market.
Now it's your position to shine, try engage with different communities. Write twitter thread competition they give you $50-100$ per post. Have a detox from the Market and relax.
With Love 💕 #BTC_MarketPanic_Dip $BTC
-
Bitcoin Just Hit Almost $48,000. Yesterday Night we had $60,000 and we just drowned -20% in just few hours. This is the single most bloodbath day in Crypto history after COVID crash.
> 🚨 There's reason to worry 🚨
1. Almost $1bn been liquidated from the Market.
2. Big Alts are down almost -40% in just 24 hour and almost 60-70% from March top
3. There's no sign of possible recovery or revival if people continue to fear.
> 🚀 So, is there no Hope 🚀
Hope is everywhere, we have seen lots of big and clumsy days in crypto even before, so this is nothing new.
your favourite Alts maybe down and in youe desirable zone but you don't have enough cash. yes, that the main problem for retail. we have limited resources.
But don't worry Bitcoin Already Recovering and if you using future trade just use small Stoploss to avoid wallet liquidation .
If you don't have usdt don't worry . it's okey you're not exposed unless you took debt and pour into market.
Now it's your position to shine, try engage with different communities. Write twitter thread competition they give you $50-100$ per post. Have a detox from the Market and relax.
With Love 💕 #BTC_MarketPanic_Dip $BTC
BTC needs to be close above 51,555
daily candle if they close above we can see little recovery in next 2 to 3 days
#BTC_MarketPanic_Dip
daily candle if they close above we can see little recovery in next 2 to 3 days
#BTC_MarketPanic_Dip
