"Is the Bull Market Over? Here's My Take on the Recent Crypto Crash" đđ
Last nightâs sudden Iran vs. Israel conflict caused shockwaves in the market:
Bitcoin dropped by 5%,
Nasdaq fell by 2%,
And oil prices surged by 10%.
While this conflict could persist, it's important to remember that this kind of panic-driven negative news tends to be temporary. We've seen this before, such as during the Russia-Ukraine conflict â markets plunged initially, but after the panic passed, both the cryptocurrency and stock markets stabilized, and the conflict no longer had a significant impact.
This current wave of fear is likely similar. Once the panic subsides, we could see a rebound in crypto prices. In fact, we experienced something similar during the Israeli-Palestinian conflict earlier this year in April.
Preparation is Key
Yesterday, as soon as the negative news broke, I notified everyone when Bitcoin was still hovering near 63,000. If you caught that, it gave you a chance to prepare and make strategic moves. Itâs crucial to stay updated with the dynamics I share regularly!
đž Pepeâs Rebound
Our pick, Pepe, hit the bottom at 0.1 but has already bounced back! Remember, before this, Pepe went from 0.07 to 0.12, so we're still sitting on significant floating profits.
đ Looking Ahead
This is not the end of the bull market! Once the panic fades, the market will likely bounce back stronger. Stay informed, stay strategic, and be ready for the next wave of opportunities. đȘ
