๐จ Crypto Market Shake-Up! ๐จ
- Bitcoin briefly dipped below $100k, with Ethereum sliding to $3,600. Other coins like Cosmis and Floki also took a hit.
- The Fed's decision to cut interest rates by 0.25% and its hawkish tone on inflation control triggered the crypto slump.
- Profit-taking and market dynamics like mean reversion and the Wyckoff Method contributed to the decline.
- Will Bitcoin's cup-and-handle pattern lead to a rally? ๐ค
Join the discussion! What are your thoughts on the market's next move? ๐ฌ