😈 Black Monday #Tramp ⁉️
Events of Black Monday in the crypto market:
• Sharp price drop: Bitcoin and altcoins lose significant value in just a few hours.
• Panic among investors: Mass selling, attempts to exit positions.
• Liquidations on exchanges: Especially in futures and margin markets.
• Load on exchanges: Some platforms may temporarily “crash” due to overload.
• Flood on social media: Twitter, Telegram, Reddit, etc. are filled with posts about the crash and the “end of crypto”.
Examples of “black Mondays” in crypto:
• March 12, 2020 (“Black Thursday”) — Bitcoin fell by more than 40% in one day against the backdrop of the onset of the COVID-19 pandemic.
• November 8, 2022 — the beginning of the FTX collapse, when the market crashed amid rumors and the subsequent bankruptcy of the exchange.
Causes:
• Negative news (bankruptcies of exchanges, regulatory bans).
• Macroeconomic factors (Federal Reserve rates, inflation, geopolitics).
• Technical corrections after a long growth.
• Mass liquidation of leveraged positions.
#btc #ETH #short
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