Binance Square
LIVE
LIVE
Blockchain Believer
Bearish
--ใƒป4.1k views
REASON FOR MARKET DUMP The news about SpaceX or Elon Musk selling $373 million worth of #bitcoin came after the dump. So, it was not the catalyst, and that news is not confirmed. Even if they did sell, it was not today; it was based on a past report. Yesterday's drop in price is likely due to the unfavorable economic news in China and the bearish movement in the US stock market on high-risk assets. You now have the chance to once again accumulate cheaply. Don't panic, stick to your strategy of Dollar-Cost Averaging (DCA).

REASON FOR MARKET DUMP

The news about SpaceX or Elon Musk selling $373 million worth of #bitcoin came after the dump.

So, it was not the catalyst, and that news is not confirmed.

Even if they did sell, it was not today; it was based on a past report.

Yesterday's drop in price is likely due to the unfavorable economic news in China and the bearish movement in the US stock market on high-risk assets.

You now have the chance to once again accumulate cheaply.

Don't panic, stick to your strategy of Dollar-Cost Averaging (DCA).

Disclaimer: Includes thrid-party opinions. No financial advice. May include sponsored content.ย See T&Cs.
0
Explore the lastest crypto news
โšก๏ธ Be a part of the latests discussions in crypto
๐Ÿ’ฌ Interact with your favorite creators
๐Ÿ‘ Enjoy content that interests you
Email / Phone number
Relevant Creator
LIVE
@Blockchain_Believer

Explore More From Creator

--
Sitemap
Cookie Preferences
Platform T&Cs