Why did Bitcoin and Altcoins Crash ?
 
The last 24 hours were brutal for the crypto market as BTC crashed below $60k while alts crashed 30%–50%.
 
The primary reason behind this crash was the Iran drone attack on Israel. 
 
During a war, commodities like oil and gold rise in value, which results in high inflation. 
 
High inflation means no rate cuts, which is bearish for stocks and crypto.
 
This is why crypto sold off heavily yesterday, as people anticipated that this war could lead to high inflation, which would result in no rate cuts. 
 
Once BTC and alts started crashing, those who had high leverage positions open started getting liquidated, which resulted in more forced selling.

Something similar happened during Covid in March 2020, Russia Ukraine war when the market panic sold and then rebounded within a month

As per some media sites, Iran already made their allies aware in advance

This means that the cartel were already ready for this dump

They just waited till the weekend as there was low volume and then crashed the market

After market started panic selling, they bought the dip as usual which resulted in a quick bounce
 
The lesson here is to avoid leveraged trades and keep your portfolio in spot.
This is the best way to maximize your gains while keeping your risks to a minimum. 
 
Right now, BTC is trading above $63k with a strong support at $60k level

If $60k level don't hold, there is a strong support level at $56k - $58k where most of the new whales (ETF buyers) have bought their BTC

Keep in mind that after every black swan event, the crypto market has witnessed parabolic runs and the same will happen this time too

Halving is hardly 5 days.

Bitcoin pumps heavily after each halving.

→ 2012 halving: 9900%
→ 2016 halving: 2900%
→ 2020 halving: 700%

But this time, something interesting will happen.

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🧵: My thoughts on the upcoming halving #bitcoinhalving

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BTC UPDATE.

BTC needs to stay above 68500$. In Case 72200$ Break Above 73-74-77k

In Case Drop below 68500$ - 67-65-62k.

LONG THETA/USDT
BUYING RANGE: 2.90$ - 3.10$
TP: 3.15$ - 3.23$ - 3.28$ - 3.35$ - 3.45$
SL: 2.88$
3x or Spot 👍

#BitcoinHalvingDrama #BitcoinCryptoContest
22 day left

#ETHUSDT.
0 3 4 7 0 8 8 5 1 9 9

#Long

EntryPrice: 3569.97

StopLoss: 3486.51

Target 1: 3590.83

Target 2: 3611.70

Target 3: 3653.43

Target 4: 3736.89

Target 5: 3820.35

Max leverage: 5x

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#GALA/USDT

#LONG
For more vip signal contact
0 3 4 7 0 8 8 5 1 9 9

Leverage: 5X

Trade Type: SWING

ENTRY: 0.05091 0.06695

(OTE: 0.005

Target 10.0674

Target 20.068

Target 3-0.070

Target 4 - 0.072

Target 5 - 0.074

Target 6 -0.077

Target 70.085

Target 8 - 0.1

Target 9 -0.15

STOP: 0.048

#MEME/USDT
Contact for V I P S I G N A L
0 3 4 7 0 8 8 5 1 9 9

#LONG

Leverage: 5 to 10x

Entry Target: 0.03980

Take profit Targets

0.04010

0.04050

0.04120

0.04200

Stop Target: 0.03700
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#DGBUSDT LONG

Type: Long Leverage: 5X Το 10Χ

CAPITAL: 4% OR Your Wallet Size

ENTRY: 0.01400 0.01550

Target 1-0.0160 Target 2 - 0.0172

Target 3- 0.0190 Target 4-0.0210

Target 5-0.0240 Target 6- 0.0260

Target 7 - 0.0280 Target 7 - 0.0300

STOPLOSS - 0.011

Manage Risk Accordingly

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COIN NAME: VANRY/USDT
Contact 0 3 4 7 0 8 8 5 1 9 9
Entry 1: 0.28650

Entry 2: 0.28300

Target 1: 0.2900

Target 2: 0.2950

Target 3: 0.3000

Stop loss: 0.2790

Max leverage: 5 - 20x

Capital: 5-10%

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کہ
Next post #cryptocurruncy #Pakistani_Bitcoin #indiaceyptotax #HotTrends"

#HotTrends #GALA/USDT price has broken out of a triangle pattern, reaching the resistance level at $0.065.

If the bulls regain control, we can expect further upward movement towards breaking the resistance at $0.068.

Following that, a test around the $0.075 level is likely.

Once this level is breached, the next target is the psychological round number resistance at $0.1.

Key Levels:

Resistance Levels: $0.068 (Immediate target) $0.075 (Next resistance) $0.1 (Psychological level)

Support Levels:

$0.056 $0.052

#HotTrends #AUCTION/USDT.
New SPOT TRADE

PAIR: AUCTION/USDT

Entry:(wait For Entry)

1-17.20

2-14.00✓✓

(Entry in 2 Part's So That Average Entry Good)

Take Profit Targets

1-20

2-23✓✓

3-27✓✓✓

4-30✓✓✓

5-33✓✓✓✓✓

#HotTrends #auction

Disclaimer:. No financial advice. See T&Cs.

#linkshort

Entry Zone = 21.150 - 20.850

Take profits:

TP * 1 = 20.3

TP * 2 = 19.6

TP * 3 = 18.85

T*P_{4} = 18.1

TP * 5 = 17.2

TP * 6 = 16.3

STOP LOSS = 21.420

Recommended Leverage: 10 * (- 20) *

APPLY PROPER RISK MANAGEMENT

#MATIC/USDT⚡ #MATICUSDT

Entry Zone: 1.04993 - 1.08490

Take Profit 1: 1.11584$

Take Profit 2: 1.14697$

Take Profit 3: 1.17645$

SL Close Below on 3H: 1.04993

Emergency Stoploss: 0.97999

#HotTrends #sol #DOGE $MATIC

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