The classic Bart Simpson pattern strikes again on $BTC. Short squeeze up, chop sideways to build up liquidity, and a straight elevator drop back down. Nature is healing. ππββοΈ #Bitcoin
@cryptorover if the war reassume we can see a massive self off plus japan is there also ready to sell there us bonds in this process we can see a bottom of btc around 30k-40k
Hype vs. Reality (The $800 Million Delay)
Traders bought the dip today because Trump promised $800 million flowing into the stock market this week. But you have to remember: that money is going into stocks (via the new child savings program), not directly into Bitcoin.
Crypto pumped purely because it followed the stock market's green candles. Once the excitement of the TV broadcast wears off, crypto traders will realize that no one is forcing that $800 million directly into order books.
A downturn is inevitable soon. 50k #BTC
There is growing concern that the economy is approaching a downturn. As confidence in the U.S. dollar as a stable foreign reserve asset wanes, many investors appear to be pivoting toward gold as a safer store of value. While opinions on this shift are mixed, there is a clear trend of market participants seeking protection against potential volatility