#CryptoMarketDip
How long will the market be in the red?
The net volume of BTC takers on Binance according to CryptoQuant has turned strongly negative, signaling increased selling pressure.
So far, economic data seems to be responsible for this decline, considering that stocks are also in decline. The rise in 10-year Treasury bond yields generated panic among some sectors.
In approximately two weeks, Donald Trump's presidential inauguration will take place in the United States. During the last few days, investors were excited about the possibility of an uninterrupted rally, at least until January 20. However, Tuesday's data suddenly cooled spirits.
We must remain strong, it is only part of a correction and then we will be green.
What do you think?
