Interesting Fact 🔥🔥

Stablecoins depeg or FUD usually mark the local bottom.

Some Incidents From The Past 👇

27th June 2022

♦️ Hedge Funds started to short Tether.

💠 The same day, #BTC bottomed at $20k and pumped 20% in the next 10 days.

19th Nov 2022

♦️ #Tether FUD peaked because of a few basis points depeg.

💠 BTC bottomed around $16.7k and pumped, and since then, it's only going up.

11th March 2023

♦️ #USDC depegged and hit 87 cents.

💠 BTC bottomed around $20.4k and then pumped over 47% in a month.

15th June 2023

♦️ #USDT slightly depegged and the market started to panic.

💠 BTC bottomed the same day and pumped 20% in the next 7 days.

31st August 2023

♦️ Kaiko reported about the ongoing USDT depeg.

💠 BTC bottomed around $25k, and since then it's up over 50%.

28th Nov 2023

♦️ #TUSD depegged and hit $0.995 before coming to its peg.

💠 BTC hit a low of $36,770 and is currently trading at $37,100.

Was $36,770 The Local Bottom❓

@BreakOut_Expert #crypto2023A #BinanceBlockchainWeek #BinanceSquareTalks $BNB $ETH