I think someone should hold the currency issuers accountable. Despite the strong decline, they are losing between one and two million currencies every day, which is causing the price to fall further.
$BTC Bitcoin (BTC): Bitcoin is the first decentralized digital currency launched in 2009 by a person or group known as Satoshi Nakamoto. Bitcoin is based on blockchain technology, which records all transactions in a transparent and secure manner. Bitcoin is mined using advanced computers to solve complex mathematical equations, and its supply is limited to only 21 million coins.
Bitcoin is considered a means of storage and investment and a tool for transferring money quickly and at lower costs compared to traditional systems. However, Bitcoin experiences significant price fluctuations due to factors such as global demand, regulatory changes, and market news.
Bitcoin has become a symbol of the new financial system, and is used today as a means of payment in some companies and institutions, in addition to being an investment asset for many individuals and institutions.
#NFPCryptoImpact #NFPCryptoImpact: This hashtag refers to the impact of the US Non-Farm Payrolls (NFP) report on cryptocurrency markets. The report is released monthly and measures the change in the number of jobs in the United States, making it a leading indicator of the health of the economy. Its results cause significant volatility in financial markets, including cryptocurrencies.
When the report results are positive and indicate a strong economy, this can lead to a decline in demand for riskier assets such as cryptocurrencies, as investors prefer traditional assets. However, if the results are weak, this can boost the value of cryptocurrencies due to a weaker dollar and increased demand for alternative assets.
To trade effectively, indicators such as RSI and MACD can be used while monitoring price movements in short-term periods.
Don't sell, I'm losing a lot, but be patient. It will happen and the world will rise. Watch the market well. As soon as you see that Bitcoin is about to rise again, buy.
BinAli13d
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What happened and what caused all this collapse? I took mask and now it collapsed like crazy Unlike the rest of the currencies!! Do you advise me to sell or keep them? I am still losing hugely!!
Guys, I'm giving you deals for free. I don't need anything but your support, your nice comment ❤, like, follow and share so I can continue, God willing ❤