๐๐ REASONS OF CRASH ๐๐
1. The Market crash or Correction is
the RESULT of many Factors and recent
Developments. The market traded
range Bounded for many days before
moving ahead.
2. The Growing Institutional and Retailers
Confidence Pushed the Market to Good
Trading Achievements.
3. The Sudden change in market behavior
and outlook might be caused by so many
FACTORS. Let's Find out!
๐๐ IMPOTANT FACTORS ๐๐
โ
President Trump's Tariffs Issue
re-ignited. US Decision of Enhanced
TARIFFS upon a dozen Countries.
The Deadline is ending on Jul 9. President
Trump denying any INTENTION of
Deadline Extension.
** The Result Starting TARIFFS Rows
again. The US will also face retaliatory
TARIFFS creating hike in Prices and
Services. Result NEGATIVE Impact.
โ
Activation and Transaction of HUGE
BTC ( 40,000) by the Decade long Dormant
Whale Account. OG Account Controls 8
Wallet amounting to $ 2.18 Billion.
โ
The prospects of FED Rate Cut acted
as a Sharp Catalyst but CHANCES of
rate cuts have almost FADED.
** RESULT : Market Sentiment Turning
to NEGATIVE Volatility and Confidence Shattering.""
โ
IMF Waning about Proposed Tax Plan.
It might HARM DEBT REDUCTION
EFFORTS.
โ
US Crypto Week News Jul 14-18.
Strategic Positions & Off Loading as Pre Event CAUTION.
๐๐ TECH REASONS ๐๐
โ
BTC Losing its KEY RESISTANCE
Level of 110,561, Triggered Technical
Selling.
** Technical Resistance and Profit
Taking Caused Open Interest Dipping
by 2.58%.**
๐โ
OVERALL RESULT๐๐
*" BTC Selling Pressure and Profit Taking
caused AltCoins also very Sharp Decline
and Correction.*"
*" Markets Confidence and Bullish Trends
Turned into BEARISH Trends.
** The Market Cap Dropped and Substantial Volume Decline even to 50% in some
Coins.
๐๏ธ๐ WHAT NEXT ๐๐
BTC Holding 108 K Support us Crucial for
Next Targets of 110 K and 120 K.
Continued Downfall might get BTC to
100 K. If broken 95 K.
EXERCISE MAXIMUM CAUTION
#Write2Earn!