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Engr Crypto
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#posted 日前にBTCの#DumpPrice について書きましたが、市場は私の予想通りの方向に進んでいます... #btc 5ドル近くの価格に達する

#posted 日前にBTCの#DumpPrice について書きましたが、市場は私の予想通りの方向に進んでいます...

#btc 5ドル近くの価格に達する

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🔥🔥 #ICP and your expectations 🔥🔥 I saw alot of newbies influencers around saying oh my god you see icp drop from $2,800 and its time to buy before it flies and bla bla bla. ICP can explode but in order to gain from where it crashed, it needs to fulfill what it was supposed to do, Internet Computer Protocol promised some massive technology developments to it VCs which later couldn’t executed by team, that caused drop drom such a huge price level, So before you jump in, you must know whats going on or why would a coin can go up or down, One thing you must remember, “During BullRun, every coin pumps to some extent, but whichever coin is shared will get real pump because of their upcoming developments, for example INJ RNDR ORDI and others”
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Why Is Bitcoin Price Falling? How far will the decline continue? As the cryptocurrency market's value dropped from $2.34 trillion to $2.20 trillion, the crypto bulls began to lose control. Following massive million-dollar liquidations in the past few days, an additional $470 million was liquidated. The price of Bitcoin fell to $57,000 on Wednesday, down 9% in 24 hours and 13% in a week. The Crypto Fear and Greed Index also dropped from 67 (greed) to 54 (neutral) in a day. Investors predict that the BTC price will drop further to $47,000. How did this happen? Bitcoin and crypto prices declined amid increasing fears that US interest rates could remain high for longer ahead of the Fed's May 1 monetary policy decision. Investors received hawkish signals that the Fed may not change interest rates from 5.25-5.50%. Chairman Jerome Powell had previously hinted at three interest rate cuts. However, there could be fewer interest rate cuts this year. The latest PCE data indicated persistent inflationary pressures. The GDP growth of 1.6% in the first quarter showed stagflation. The prediction market is forecasting only one Fed interest rate cut this year, which is largely negative for cryptocurrency prices. The US Dollar Index Hits Six-Month High. Additionally, the US dollar index (DXY) climbed to 106.45, reaching its highest level in six months. The US 10-year Treasury yield (US10Y) also rose to 4.688%. The increase in these figures indicates inflationary pressure affecting the price of Bitcoin. Investors are awaiting the Treasury's repayment announcement for the second quarter of 2024, which could bring some recovery in Bitcoin. Bitcoin ETFs Are Experiencing Outflows. The US spot BTC ETF failed to provide support to the market on Tuesday, with a $161 million outflow following a major correction on Wall Street. However, ETFs experienced five consecutive days of outflows. investors seem to have lost hope in Bitcoin ETFs and are likely to avoid investing unless there is a positive development in the market.
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A piece of advise for all users: #p2p scams can never happen if seller/buyer act upon binance's user manual. Donot trust the other party ever. Donot go out of the system . Stay active in the application. Binance has an excellent system for the transaction of payment, so follows the instructions only that binance recommends not the 3rd party. You would ultimately get safe from any scam on binance.
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We are going to enter in a #BearishPhase ...Any #pump will be #fake ..
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Donot #invest , market is coming down gradually. #btc is expected to dump atleast neat to $50,000. currently market is just #liquidating new comers, small traders and making good profits.
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