3 Reasons Bitcoin & Altcoins Dumped ๐๐ป
1) Tax Selling
Yesterday, Morgan Stanley reported that there was $256B in capital gains tax selling.
This was the reason behind the stock market dump, and because crypto is still correlated to it, #BTC and alts dumped even harder.
2) War escalation
The war between #Iran & #Israel has escalated quickly.
During these times, people always look to HOLD hard money.
BTC still hasn't got that status (high volatility and a less established history), so it dumped and alts bleed even more than that.
3) BTC dominance going up
Yesterday's altcoin crash pushed BTC dominance to a 3-yr high.
BTC dumped 5%โ7%, but large caps dumped 15%โ20%.
What's next for the market?
Right now, the best way to predict upcoming market movement is to look at the #GOLD chart.
Usually, Gold pumps during these war situations, similar to what happened in Feb 2022.
If Gold starts going sideways or down, this could be a sign that the war situation is over.
I'll keep a close eye on this and will continue to update you all.
1) Tax Selling
Yesterday, Morgan Stanley reported that there was $256B in capital gains tax selling.
This was the reason behind the stock market dump, and because crypto is still correlated to it, #BTC and alts dumped even harder.
2) War escalation
The war between #Iran & #Israel has escalated quickly.
During these times, people always look to HOLD hard money.
BTC still hasn't got that status (high volatility and a less established history), so it dumped and alts bleed even more than that.
3) BTC dominance going up
Yesterday's altcoin crash pushed BTC dominance to a 3-yr high.
BTC dumped 5%โ7%, but large caps dumped 15%โ20%.
What's next for the market?
Right now, the best way to predict upcoming market movement is to look at the #GOLD chart.
Usually, Gold pumps during these war situations, similar to what happened in Feb 2022.
If Gold starts going sideways or down, this could be a sign that the war situation is over.
I'll keep a close eye on this and will continue to update you all.
#BTC next week will go to $66,000
Please open Telegram to view this post
VIEW IN TELEGRAM
Please open Telegram to view this post
VIEW IN TELEGRAM
๐Buy เคเฅเคเคฟเคฏเฅ
#BNB #BTC #ETH #PEPE #SOL #NOT
เคจเฅเค :- เคเคธ month เคเฅ เคฌเคพเคฆ เคชเฅเคฐเฅเคซเคฟเค เคนเฅ เคชเฅเคฐเฅเคซเคฟเค เคฆเคฟเคเฅเคเคพ เคฌเคพเคเฅ๐ฏ เคเฅเค เคฆเคฟเคจ เคฎเฅเค เคญเฅ เคฅเฅเฅเคพ เคชเฅเคฐเฅเคซเคฟเค เคนเฅเคจเฅ เคฒเคเฅเคเคพ เคฌเคพเคเฅ เคเคชเคเฅ โค๏ธ Long term เคชเคฐ Focus เคเคฐเคจเคพ เคนเฅ ๐โก๏ธ ๐ ๐ช ๐ท ๐ ๐ฐ ๐ฐ
#BNB #BTC #ETH #PEPE #SOL #NOT
เคจเฅเค :- เคเคธ month เคเฅ เคฌเคพเคฆ เคชเฅเคฐเฅเคซเคฟเค เคนเฅ เคชเฅเคฐเฅเคซเคฟเค เคฆเคฟเคเฅเคเคพ เคฌเคพเคเฅ
Please open Telegram to view this post
VIEW IN TELEGRAM
เคซเคฟเคฒเคนเคพเคฒ เคฎเฅเค เคฎเคพเคฐเฅเคเคฟเค เคเคฟเคฐเคจเฅ เคเคพ Reason เคฏเฅ เคฌเคคเคพเคฏเคพ เคเคพ เคฐเคนเคพ เคนเฅ :-
The market is continuously going down.
๐ง๐ต๐ฒ๐ฟ๐ฒ ๐ฎ๐ฟ๐ฒ ๐ฐ ๐ฅ๐ฒ๐ฎ๐๐ผ๐ป๐ ๐
๐ปUS Government is selling #BTC
๐ปMiners are selling their Bitcoins
๐ปGerman Government is selling BTC
๐ปMT. Gox has started $BTC repayments in July.
The market is continuously going down.
๐ง๐ต๐ฒ๐ฟ๐ฒ ๐ฎ๐ฟ๐ฒ ๐ฐ ๐ฅ๐ฒ๐ฎ๐๐ผ๐ป๐ ๐
๐ปUS Government is selling #BTC
๐ปMiners are selling their Bitcoins
๐ปGerman Government is selling BTC
๐ปMT. Gox has started $BTC repayments in July.
๐ฉ๐๐ฅ๐๐ก๐๐ฆ๐ ๐๐๐ง๐๐ข๐๐ก ๐๐๐๐ฃ (๐ข๐๐๐๐๐๐๐)
Why Crypto Market Crash ?? 50k$ เคเคพเคเคเคพ ?? today crypto market crash reason https://youtu.be/zfFBS3G0aZ8 https://youtu.be/zfFBS3G0aZ8 ๐ ๐ ๐ ๐ ๐ ๐ ๐ต ๐ต ๐ต ๐ต
People predict #BTC will fall to 50,000 ? ๐
Please open Telegram to view this post
VIEW IN TELEGRAM
#BTC FUDs = Chance to buy the dips , right ? ๐ง
Please open Telegram to view this post
VIEW IN TELEGRAM
Waiting for #BTC recovery in short term .
#BTC is breaking out with good volume !! ๐ข
Please open Telegram to view this post
VIEW IN TELEGRAM
๐ฉ๐๐ฅ๐๐ก๐๐ฆ๐ ๐๐๐ง๐๐ข๐๐ก ๐๐๐๐ฃ (๐ข๐๐๐๐๐๐๐)
#BTC is breaking out with good volume !! ๐ข
#BTC needs to hold above 56,000 . Next move 58,000 - 58,500
#BTC will pump back to $70,000 in a daily candle. What do you think about this? ๐
I feel very bullish in the next month !! Let's see๐ ๐
I feel very bullish in the next month !! Let's see
Please open Telegram to view this post
VIEW IN TELEGRAM
Please open Telegram to view this post
VIEW IN TELEGRAM
Please open Telegram to view this post
VIEW IN TELEGRAM
#BTC after hitting $64,000 it has shown a slight correction. However, I am still BULLISH about the upcoming market. I think the market next week will be very interesting. Don't rush to give up your position now.
#BTC = $64,000 โ
Please open Telegram to view this post
VIEW IN TELEGRAM
#BTC breaks $63,000 = BULLISH . Letโ see ๐คก
Please open Telegram to view this post
VIEW IN TELEGRAM
#BTC is hitting strong resistance. I expect it to break and pump to the moon. Letโs see