#Cryptoupdates

What happened during Covid-19 in 2020? The market suddenly crashed 50% in 2 days. Bitcoin plummeted to around $3800 USD. It was a complete bloodbath in the markets, with the world under lockdown and the economy crashing. What happened? Market makers created immense fear, uncertainty, and doubt (FUD) in the market while taking advantage of it. They capitulated all retail traders, forcing them into panic selling. After the complete wipeout, the market started reversing back, and then it pumped, making new all-time highs (ATH). When the pump started, people were in disbelief, waiting for Bitcoin to drop to $2k or $1k, but it never happened.

Expect the same with the current war situations going on. It's not good for humanity and all, but these smart players use this to their advantage. During times of war, people turn to safe assets like gold and digital assets to protect their money. However, yesterday, gold also retraced. So, it's all pre-planned financial drama orchestrated by very smart people.

#bitcoinhalving #BinanceLaunchpool #cpi