WHY CRYPTO IS DUMPING❓
$BTC , $ETH AND ALTS ARE DOWN 5%-10% TODAY, AND HERE ARE THE REASONS BEHIND IT.
1⃣ WHITE HOUSE MEETING
TODAY, TRUMP WILL MEET WITH ZELENSKY AND EU LEADERS TO DISCUSS THE RUSSIA-UKRAINE PEACE DEAL.
SOME ARE SAYING THAT IT'LL HAPPEN, WHILE SOME THINK IT WON'T HAPPEN.
THIS IS CAUSING UNCERTAINTY, AND THE MARKET HATES IT.
2⃣ LEVERAGE FLUSH
NOTHING GOES UP IN A STRAIGHT LINE.
ETH PUMPED 50% IN 2 WEEKS WHILE ALTS PUMPED 50%-100%.
THIS RESULTED IN PEOPLE OPENING HIGH-LEVERAGE POSITIONS, AND NOW EXCHANGES ARE FLUSHING THEM.
ONCE IT'S OVER, BIG MONEY WILL BUY THE DIPS, AND A PRICE REVERSAL WILL START.#BinanceHODLerPLUME #PowellWatch #MarketPullback
