Lets face it people Real bull run start after #BTC☀ breaks | BlockTradeX on Binance Square

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Lets face it people
Real bull run start after #BTC☀ breaks 70k
we won't see ALT coins and meme coins rallying before
trade safly and don't be greedy 🤑
P.S.: Greed is good
#BullRunAhead #BTCUptober #TradeNTell #Solana_Blockchain 

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BTC

60,379.9

-0.73%

398

0

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Israel is planning a counter attack in the coming days #BTC☀ risk falling to 57k levels However, the overall market is still bullish for this Q4 Uptober is having technical difficulties to launch because of the war As long as #bitcoin☀️ is in the longterm channel its forming we will witness a bear #Dyor2024 #TradeNTell #MarketDownturn

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#BONK🔥🔥 and #pepe⚡ Are real player 🙈

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#BTC hang on well mate

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Market reaction to WARs Bit Long but INTRESTING! Market reactions to wars are often immediate and sharp. Historical trends can guide expectations; the S&P 500 dropped 11.5% in three months after Russia invaded Ukraine in 2022. Bitcoin, closely correlated with the S&P 500, may show similar price movement in response to the Israel-Iran conflict. After the latest Middle East tensions, the S&P 500 fell 1%, while oil prices jumped 5%, indicating concerns about a potential war. According to the Kobeissi Letter, the S&P 500 typically drops 2% when a major conflict begins, with an average total decline of 8.2%. Other factors, such as economic conditions, influence returns during conflicts.The key factor is whether the conflict occurs during a recession. In non-recession years, the S&P 500 averages a 9.5% return over 12 months, but during a recession, it declines by 11.5%. A notable example is the 9/11 attack in 2002 when the S&P 500 fell 18% due to an existing recession. It remains uncertain whether a Fed stimulus will help avoid a US recession this year. #BTC☀ #ETH🔥🔥🔥🔥 #SOL #TradeNTell #MarketDownturn

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Why #bitcoin☀️ sank yesterday? Last week, U.S. bitcoin ETFs had a combined net buying volume of 16,774 BTC, surpassing the typical monthly supply of newly mined bitcoin (13,500 BTC). This was primarily driven by a policy shift from the People’s Bank of China. #BTC☀ #MarketDownturn #Dyor2024

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