Yasmine Ayman
--
Good morning 🎀
I know the situation is tough 💔 and many of you are sad right now 😢
But let's put emotions aside and analyze what exactly happened.
Our previous warning yesterday was not just a guess, but a clear reading of "time exhaustion" in the Bitcoin cycle. The market reached a stage of fatigue, waiting for any "spark" to begin the correction. This spark came in the form of a post from Trump about China tariffs (imposing 100% tariffs in response to China's restrictions on the export of rare earth metals), turning what was supposed to be a natural correction into a violent "liquidation cascade." This announcement caused Bitcoin to drop to $102,000 on the Binance futures platform, resulting in a total liquidation of $9.40 billion in the cryptocurrency market within 24 hours.
But let's put emotions aside and analyze what exactly happened.
Our previous warning yesterday was not just a guess, but a clear reading of "time exhaustion" in the Bitcoin cycle. The market reached a stage of fatigue, waiting for any "spark" to begin the correction. This spark came in the form of a post from Trump about China tariffs (imposing 100% tariffs in response to China's restrictions on the export of rare earth metals), turning what was supposed to be a natural correction into a violent "liquidation cascade." This announcement caused Bitcoin to drop to $102,000 on the Binance futures platform, resulting in a total liquidation of $9.40 billion in the cryptocurrency market within 24 hours.
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
22
0
Explore the latest crypto news
⚡️ Be a part of the latests discussions in crypto
💬 Interact with your favorite creators
👍 Enjoy content that interests you
Email / Phone number
Explore More From Creator
--