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Bitboy B
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🇺🇸 JP Morgan says
#bitcoin☀️
and crypto markets to bounce back in August. 🚀
Disclaimer: Includes thrid-party opinions. No financial advice. May include sponsored content.
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🔻Solana🔻 It shows the comeback story the best. In November 2021, the price was $258. Year after year, it got to $8 (-96.875%) Technically, it was dead. Everyone made fun from Solana. But on March 18, 2024, the price was already $209 (+2512%). #July_NonFarmPayrolls_Shock #US_Job_Market_Slowdown #Babylon_Mainnet_Launch #BinanceHODLerBANANA #HamsterKombat $SOL
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🔻Ethereum 🔻 It broke the ATH of $4,800+ on November 10, 2021. In half of a year, it dipped to $879 (-81%). 2 years later, it reached $4,100. Still 15% lower than ATH, but 366% from $870 level. Right now, we're down 30% from March's price, but who cares? That's nothing compared to 81% dip.📈 #July_NonFarmPayrolls_Shock #US_Job_Market_Slowdown #Babylon_Mainnet_Launch #BinanceHODLerBANANA $ETH
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🔻BNB🔻 Alert 🔻 May 2021: the price of $679. Then it dipped, got back to $600+ level... And a year later, it dropped by -73% to $183. On June 20, 2024, the price reached the ATH of $721 (+293%). 2 months later, we're lower by 29% #July_NonFarmPayrolls_Shock #US_Job_Market_Slowdown #Babylon_Mainnet_Launch #BinanceHODLerBANANA $BNB
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If you are upset with crypto prices. We had seen even worse drops of prices. And we recovered!👇 🔻Bitcoin On November 10, 2021, it reached its previous ATH of $69K. A year later, it dropped by 76% to $16K! At that time, crypto was declared dead, and people sold their coins.💥 Then on March 14th, 2024, almost 1,5 years later, the price got to a new ATH of $73,700 (+360% from that low point). Now Bitcoin is 18% down from ATH, and you're scared? #July_NonFarmPayrolls_Shock #US_Job_Market_Slowdown #Babylon_Mainnet_Launch #BinanceHODLerBANANA #HamsterKombat $BTC
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August is a red month for Bitcoin!🛑 And stats don't lie - BTC crushed in 63% of cases during that time. Will this August be the same? 1/ The drop Instead of focusing on all years, we'll take the period of 2021–2024. Here's how price changed: 2/ Price 2021: The month began… #July_NonFarmPayrolls_Shock #US_Job_Market_Slowdown #Babylon_Mainnet_Launch #BinanceHODLerBANANA #HamsterKombat
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