šØ Bitcoin CORRECTION! But Still Flying High in 2024! šØ
Bitcoin (BTC) returns to US$93 thousand after breaking through US$108 thousand in mid-December! š±
Why? US investors are starting to take profits after a long rally, following the re-election of Donald Trump as President. Trump did promise to bring crypto-friendly policies, but why did the price fall? š¤
š Interesting Facts:
The outflow of funds from the Bitcoin crypto platform in the US has been recorded at US$1.8 billion since December 19.
Despite the correction, Bitcoin is still up 120% in 2024! Beating gold and global equities! š
š¬ So, is this just a temporary retracement or a major reversal? Will crypto investors continue to accelerate, or will they immediately retreat like running away from a reality show? š
! ā¬ļø #Bitcoin #CryptoNews #CryptoMarket #TrumpEffect #TakeProfit