Why Did Bitcoin Crash?

Crypto people must always be aware of the news, especially those that can impact the investments.

1️⃣ Possible no rate cuts coming. (Powell)
2️⃣ Israel War

These are the reason why $BTC crashed down.

It will recover soon (already recoving).

But keep an eye out for any kind of news.

When everyone starts to feel super bullish, the market changes direction with any excuse, this helps the Market Makers to make money.

Even though its not a bull run for us retail investors, its always a bull run for the Market.

This crash caused millions of market liquidation. People made money by Shorting BTC and altcoins.

I hope now you understand why we witnessed the #bitcoincrash .

The Support zones are now resistance zones, so plan your moves accordingly.