The fall, everyone was deceived by beautiful promises, just like always, the people brought their money for the 'alt season' holiday, and as always, the rich became even richer)))
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Auric Crypto News
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Bearish
🚨 Bitcoin Drops 5% After Powell’s Words
After impressive last few days, $BTC faced a sudden 5% dip, triggered by Federal Reserve Chair Jerome Powell’s latest remarks. 🏦
Powell made it clear that the FED cannot hold Bitcoin reserves under current laws, putting a damper on speculation about a U.S. Bitcoin treasury.
This shift in sentiment followed the Fed’s interest rate cut, a move many thought would support riskier assets like cryptocurrencies. Instead, Powell’s comments introduced doubt, reminding markets of the challenges ahead for Bitcoin’s integration into national strategies.
Despite this, Bitcoin has proven resilient over the years, thriving independently of institutional backing. Moreover, today's news don't mean the reserve will never materialize – they only suggest more hurdles and a longer timeline ahead.
And the newcomers who invested their meager pennies, are they considered hamsters?)))
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proAndy
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$BTC knocks out long traders, while the dominance is 58.2%, and high volatility indicates that "hamsters" are being "shaved" en masse on altcoins. Panic is contagious, so it's better to stay in spot and simply wait it out.
At the bottom, when signs of growth appear, it will be wise to buy more altcoins.
Remember: buy on fear, sell on greed.
This is not financial advice — always think for yourself.
What is great about the local party scene is that you can always find information to suit your taste, believe in whatever you want, in price increase or devaluation)))
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Vusal Poladov
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Bitcoin below 20 thousand $BTC $ETH $BNB
Consumers surveyed by Deutsche Bank predict a collapse for Bitcoin. The most well-known and expensive cryptocurrency in the world is losing value after the launch of spot Bitcoin ETFs (exchange-traded funds) in the US at the beginning of January 2024.
In the Deutsche Bank study, the surveyed individuals are referred to as "retail investors." About a third of the two thousand respondents from the US, UK, and European Union believe that by the end of the year the price of Bitcoin will drop below $20 thousand per unit.
42% of respondents stated that Bitcoin will disappear completely in the future. 39% consider this unlikely.
I will continue to share the emotions of a newcomer. I learned the local enticing terminology 'alt season', the rate that was lowered, and like everyone else, I perked up my ears and held onto my coins))) even though I was already in profit, the local community assured that the rate in the States would be lowered on the 18th and the glorious alt season would begin))) everything turned out the opposite, the anti-alt season started))), I'm not complaining, I've only lost $100 so far. Now I am watching how deep this 'rabbit hole' will go. $BTC
#CryptoUsersHit18M Hooray, each of us is part of this big community ))) Now the main thing is to hold on, so we don't get thrown off in the turns, during takeoffs and when falling )))
$SUI Greetings, Binance offers to earn by posting, and why not, I decided, especially since the emotions from all these swings are through the roof. I try to enjoy everything I do, including the price fluctuations of the selected coins. The hardest thing for a beginner is to understand, or rather guess, their "coin" to bet on, and at least to stay, in the early stages, with their savings, so to speak. My choice fell on: $SUI , which will not help me earn, it's easy for the experienced to say - wait, a month, two, three, until March, yeah, but I want to touch it, to feel confidence in the right choice))) I am learning to wait, to look at the charts and prices less often. I don't give advice, I'm just sharing the current moment, so to speak.
$SUI bought with all his $340, breaking all the commandments of seasoned traders. He managed to earn his first $60. I am a newbie, and like every newcomer to spot trading, I decide that I know enough about trading. My entire experience is based on P2P, therefore I follow my own path, buying low - selling high, trying to grow my capital through simple speculation. I try to enjoy the buy-sell process, I have no goal to get rich from crypto, I'm just spending my free time hanging out with courses.