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#foryoupedia #edukasi #crypto #logic #realistis
🚨 Why is the Crypto Market Declining and Correcting? Check Out the Explanation! 🚨
Today Bitcoin briefly touched the $104K mark — this is a very important level on the weekly chart. If this level cannot hold, the correction could continue. So, what are the reasons for the market being in the red this week?
#1 Bitcoin Breaks Important Level
The $100K level is not an ordinary number. At this level, the price has been sideways for a long time and has become a crucial point. Once it breaks, many traders immediately take a sell position. The result? The price is pulled down to the weekly support again.
#2 Some ETF Investors Start to Withdraw
After 10 consecutive days of ETFs injecting funds, on May 29, a significant amount of money was recorded leaving — around $346 million from Bitcoin. This creates negative market sentiment, which causes the price to drop.
#3 Many Traders Overleveraged, Facing Liquidation
The market is currently tight and 'hot.' Many are using high leverage without considering the risks. The result? In just 24 hours, more than $683 million worth of futures positions were liquidated, with the majority being long positions. Even a top trader in the James Wyn community lost up to $100 million just because of continuously taking the wrong positions.
#4 The World is Uncertain: Trade War & Regulations
The US-China trade conflict is getting tougher, negotiations are stalled. This makes investors more confused and hesitant to take positions. The market becomes more uncertain, and many can only guess the direction.
📉 So, this correction is not just due to one thing — but a combination of technical factors, actions by big players, retail trader mistakes, and an uncertain global situation.
🔥 Want to keep getting updates like this and real-time market information? Keep following this account, bro!
🚨 Why is the Crypto Market Declining and Correcting? Check Out the Explanation! 🚨
Today Bitcoin briefly touched the $104K mark — this is a very important level on the weekly chart. If this level cannot hold, the correction could continue. So, what are the reasons for the market being in the red this week?
#1 Bitcoin Breaks Important Level
The $100K level is not an ordinary number. At this level, the price has been sideways for a long time and has become a crucial point. Once it breaks, many traders immediately take a sell position. The result? The price is pulled down to the weekly support again.
#2 Some ETF Investors Start to Withdraw
After 10 consecutive days of ETFs injecting funds, on May 29, a significant amount of money was recorded leaving — around $346 million from Bitcoin. This creates negative market sentiment, which causes the price to drop.
#3 Many Traders Overleveraged, Facing Liquidation
The market is currently tight and 'hot.' Many are using high leverage without considering the risks. The result? In just 24 hours, more than $683 million worth of futures positions were liquidated, with the majority being long positions. Even a top trader in the James Wyn community lost up to $100 million just because of continuously taking the wrong positions.
#4 The World is Uncertain: Trade War & Regulations
The US-China trade conflict is getting tougher, negotiations are stalled. This makes investors more confused and hesitant to take positions. The market becomes more uncertain, and many can only guess the direction.
📉 So, this correction is not just due to one thing — but a combination of technical factors, actions by big players, retail trader mistakes, and an uncertain global situation.
🔥 Want to keep getting updates like this and real-time market information? Keep following this account, bro!
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🚨 Bitcoin is Getting Closer to the End of the Cycle! Investors Must Know What to Do! 🚨
#foryoupedia #edukasi #crypto #logic #realistis
Historically, Bitcoin's movements follow a cycle. Usually:
🔼 Bull market (continues to rise) = 3 years
🔽 Bear market (sharp decline) = 1 year
When in a bull market, Bitcoin can rise hundreds of percent. But when entering a bear market, it can drop by more than 50%. Now, we are getting closer to the end of the cycle. So, what smart steps should be taken?
#1 Don't Chase Time, It's Better to Be Realistic
Theoretically, Bitcoin's price peak usually occurs 500 days after halving. We're currently at day 400, so according to the cycle, there's still 100 days left for it to rise. However, due to unclear macro conditions, it's impossible to time the market accurately.
Historically, Bitcoin's movements follow a cycle. Usually:
🔼 Bull market (continues to rise) = 3 years
🔽 Bear market (sharp decline) = 1 year
When in a bull market, Bitcoin can rise hundreds of percent. But when entering a bear market, it can drop by more than 50%. Now, we are getting closer to the end of the cycle. So, what smart steps should be taken?
#1 Don't Chase Time, It's Better to Be Realistic
Theoretically, Bitcoin's price peak usually occurs 500 days after halving. We're currently at day 400, so according to the cycle, there's still 100 days left for it to rise. However, due to unclear macro conditions, it's impossible to time the market accurately.
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