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#BitcoinCrashedAlert 🚨
$BTC Crash Continues... I’ll give an alert once it drops to $90K! 📉
Is this crash similar to August 2024, when BTC suddenly fell from $67K to $49K? 🤔
Will this drop create a buying opportunity between $81K - $82K, or is a further decline to $80K on the horizon? 🎯
🔍 A Quick Comparison:
Bitcoin’s recent drop below $90K has sparked concerns among investors, drawing comparisons to the August 2024 crash. While both involve steep declines, the reasons behind them are different.
📉 August 2024 Crash:
BTC's sharp fall was driven by a global financial sell-off, triggered by weak economic data and recession fears. Traditional stock markets also took a hit, amplifying Bitcoin's losses.
⚠️ Current Crash:
This time, the downturn is fueled by a mix of crypto-specific and macroeconomic factors:
🔹 Bybit’s $1.5B hack has shaken investor confidence.
🔹 Trump’s crypto reserve plan, funded by seized assets, failed to excite the market.
🔹 Proposed tariffs & inflation concerns are adding to the pressure.
📊 Key Difference:
✅ August 2024 was mainly a global economic sell-off.
✅ The current crash is a mix of crypto events & economic policies.
💭 What’s Next? Will Bitcoin stabilize around $81K-$82K, or are we heading for $80K and beyond? Drop your thoughts! ⬇️
#CryptoMarketWatch #JobsReportShock #TradingBanter $BTC