$BTC is trying to break above the $64,000-$65,000 level but has failed so far.
A successful reclaim of this zone could push Bitcoin towards $68,000.
A rejection will increase chances of sweeping lows around $60,000.
8 months ago today, crypto went through its biggest "mysterious" crash, and we still have no real explanation for it.
In just minutes:
Over $20 BILLION in positions were liquidated.
Nearly $900 BILLION in market value was wiped out.
Large caps dropped 60-70% almost instantly.
Traders were wiped out. Portfolios were destroyed. Confidence in the market took a heavy hit. And to this day, nobody knows what really happened.
Since then, crypto has felt different. It's almost disconnected from the rest of global markets, with every rally fading fast, even on good news.
Now I just hope the Clarity Act gets signed into law soon, so we can finally put an end to this manipulation.
@bamasteelworker@BitcoinArchive It breaks and makes...you all seem to forget it makes millions and change lifes...so be patient and work the right way.
@marclacambra@AlexesNakamoto Well to me this really Sounds like youβre feeling the sting of those bets not paying off, and itβs a reminder that the βjust stick to the majorsβ mindset always feels wiser in hindsight...
@mike_resinator@ChristineEM2000 Fair point, The thing is sometimes the same message only lands once the timing finally lines up, so a fresh angle is a nice change of pace.