BTC_MarketPanic_Dip
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Bitcoin plummets to $52K, and Ether turns negative for 2024 amid a major market selloff. Over the weekend, BTC dropped 12%, with a 20% weekly decline, while ETH fell 21% in a day, wiping out its year-to-date gains. The selloff was triggered by the Bank of Japan's rate hike and broader market turmoil, including a sharp drop in the Nikkei and U.S. market declines. Investors are now expecting a rate cut from the Fed in September. What are your thoughts on the market's future? 📉💬
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Crypto Market Drop Insights: #MarketDownturn
- Causes: Adverse market conditions such as, volatile global economy, high interest MT.Gox payment's and various global issues such as Iran and Israel conflict.
- Analysis: Consumers are now sensitive to risk hence they are pulling out from investing in this virtual currency.
Strategies for Capitalizing on the Downturn:
- Dollar-cost averaging (DCA): As a general rule the following strategies should be adopted to minimize the timing risk; Invest a fixed amount at regular intervals. Whales have also started buying the DIPS.
- Long-term focus: Long term is very Bullish sentiments. There are good projects to hold admitting to fundamental soundness.
- Diversification: Diversify across the classes of assets and industries.
Tips for Staying Strong:
- It is necessary to gloss over events but not to make hasty, emotional decisions.
- The following key points should be established: Objectives that have to be met and the level of risk that one is willing to take.
- They should also follow the principle of not putting all eggs in one basket in order to reduce as much as possible the potential for a complete loss.
Remember, market fluctuations are Normal. Stay resilient, and look for opportunities to grow your Portfolio!
Persevere and keep searching for expansion of your portfolio!
$BTC
#MarketDownturn #Write2Earn! #BTC_MarketPanic_Dip #RecessionOrDip?
- Causes: Adverse market conditions such as, volatile global economy, high interest MT.Gox payment's and various global issues such as Iran and Israel conflict.
- Analysis: Consumers are now sensitive to risk hence they are pulling out from investing in this virtual currency.
Strategies for Capitalizing on the Downturn:
- Dollar-cost averaging (DCA): As a general rule the following strategies should be adopted to minimize the timing risk; Invest a fixed amount at regular intervals. Whales have also started buying the DIPS.
- Long-term focus: Long term is very Bullish sentiments. There are good projects to hold admitting to fundamental soundness.
- Diversification: Diversify across the classes of assets and industries.
Tips for Staying Strong:
- It is necessary to gloss over events but not to make hasty, emotional decisions.
- The following key points should be established: Objectives that have to be met and the level of risk that one is willing to take.
- They should also follow the principle of not putting all eggs in one basket in order to reduce as much as possible the potential for a complete loss.
Remember, market fluctuations are Normal. Stay resilient, and look for opportunities to grow your Portfolio!
Persevere and keep searching for expansion of your portfolio!
$BTC
#MarketDownturn #Write2Earn! #BTC_MarketPanic_Dip #RecessionOrDip?
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I'm very tired 😩😩
Close 🥹 or hold ?
Close 🥹 or hold ?
$BTC 🙏🙏
From Start to Finish!
The expected Level was hit with Precision and gave Reaction!
Plan for August was completed very fast, but Yeah It is Done, from the Top to the Bottom straight!
Fear is Very Powerfull! Candles are Large and Fast as I always say this, when Fear hit it is very painfull!
All the people was trying to long and they have buy every dip and it continues to dip!
All alts are in Trenchess with new lows as Expected!
ETH Hit 2167 Level!
Now I`m waiting for New York to Open! Let`see what the Big People will decide to do?
The next Big Range Below is from 49000 to 38500!
#BTCMoon🚀 #BTC_MarketPanic_Dip #US_Job_Market_Slowdown #RecessionOrDip? #MarketDownturn
From Start to Finish!
The expected Level was hit with Precision and gave Reaction!
Plan for August was completed very fast, but Yeah It is Done, from the Top to the Bottom straight!
Fear is Very Powerfull! Candles are Large and Fast as I always say this, when Fear hit it is very painfull!
All the people was trying to long and they have buy every dip and it continues to dip!
All alts are in Trenchess with new lows as Expected!
ETH Hit 2167 Level!
Now I`m waiting for New York to Open! Let`see what the Big People will decide to do?
The next Big Range Below is from 49000 to 38500!
#BTCMoon🚀 #BTC_MarketPanic_Dip #US_Job_Market_Slowdown #RecessionOrDip? #MarketDownturn
BokataBB
--
Bearish
$BTC 👀👀👀
💥💥Update of My Daily View💥💥
We Continue Lower as per the Plan!
More than half of the Plan is Completed for BTC!
This is My levels for BTC! Now Intresting point is that ETH Lead this move down and even it made new Low, that mean BTC is taking all the dominance, even majority of the Alts have made new Lows, while BTC is still here!
For now everything is continue according to the Plan, I expected move up with SP500 for the end of July, but only the Index done the move up while BTC was ranging, then the Index started to rollover and everything else follow!
Mass Psychology is Long the Dip and for this Reasons we contine to dip more! People have Biases, and they see what they want, not what is real! When I Post Something Bearish around the Local High I get a lot of hate, then when it come to fruition, they don`t talk and hide, because of the Ego!
As I Said in the Updates on BTC, ETH and Major Alts, everything will go into the trenchess, and nobody believe, because the emotion are speaking and because of this Emotions you are losing the Gains, and from there come this
"My Gread Steal My Profit" !
#BTCMoon🚀 #July_NonFarmPayrolls_Shock #US_Job_Market_Slowdown #BokataBBMindset
💥💥Update of My Daily View💥💥
We Continue Lower as per the Plan!
More than half of the Plan is Completed for BTC!
This is My levels for BTC! Now Intresting point is that ETH Lead this move down and even it made new Low, that mean BTC is taking all the dominance, even majority of the Alts have made new Lows, while BTC is still here!
For now everything is continue according to the Plan, I expected move up with SP500 for the end of July, but only the Index done the move up while BTC was ranging, then the Index started to rollover and everything else follow!
Mass Psychology is Long the Dip and for this Reasons we contine to dip more! People have Biases, and they see what they want, not what is real! When I Post Something Bearish around the Local High I get a lot of hate, then when it come to fruition, they don`t talk and hide, because of the Ego!
As I Said in the Updates on BTC, ETH and Major Alts, everything will go into the trenchess, and nobody believe, because the emotion are speaking and because of this Emotions you are losing the Gains, and from there come this
"My Gread Steal My Profit" !
#BTCMoon🚀 #July_NonFarmPayrolls_Shock #US_Job_Market_Slowdown #BokataBBMindset
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