Motivational Words ✅️✅️✅️
"Crypto to the World 🌍🌎🌏"
The market will fluctuate, but your goals🤲 shouldn't.$BTC
🔴Key factors that cause Bitcoin's value to drop
- *Liquidation of Long Contracts*: When there is a significant price drop, traders are forced to liquidate their positions, resulting in a wider gap in the contract's target price and the spot price.
- *Mt. Gox Repayments*: The defunct exchange Mt. Gox is set to release over 142,000 Bitcoin to early adopters, causing a selling pressure in the market.
- *Macro-Economic Factors*: Inflation and federal interest rates in the U.S. have a significant influence on the crypto market.
- *Whale Activity*: Large transactions by whale accounts add to the downward pressure on Bitcoin's price.
- *Social Media Sentiment*: Negative discussions and opinions on social media can decrease demand for Bitcoin.
- *Macroeconomic and Geopolitical Factors*: Economic downturns and geopolitical events can cause larger investors to shift their assets to bonds and treasuries.
- *Regulatory and Legal Changes*: Adverse regulatory actions against cryptocurrency can cause a short-term drop in Bitcoin's price.
- *Hacks, Scams and Frauds*: Negative events associated with companies in the Bitcoin industry can cause traders to lose confidence in the crypto market.