JosueArgg

it will probably keep falling if btc goes down

be careful because emotions can make you lose everything

I know it’s sad, but use those 18 with a cool head starting today, average out even if you don’t see big gains, do DCA with that in stable cryptos only when they drop in spot.

Was there really a fundamental news event that painted the entire market red?

Yes, one of the key factors was an unexpected announcement from U.S. Treasury Secretary Scott Bessent. He confirmed that the government would not make new purchases of Bitcoin for its reserve, which was a surprise at a time when the market anticipated otherwise — even after BTC reached new highs near USD 124,000 — CointelegraphAl JazeeraYahoo FinanceCoinGape.

Cointelegraph reported that Bitcoin fell below USD 119,000 right after Bessent's announcement, who confirmed on Fox Business that "we are not going to buy [Bitcoin], but we are going to use confiscated assets" Cointelegraph.

Al Jazeera added that after this announcement, the price dropped by as much as 6%, as the market felt disappointed to see that there would be no additional demand from the government Al Jazeera.

CoinGape emphasized that Bessent confirmed a BTC reserve of between USD 15 billion and USD 20 billion and announced a pause in sales, leaving behind any expectations of additional purchases CoinGape.

Was that the only cause?

To a large extent, yes, that was an unexpected fundamental news event that catalyzed today’s decline. It was especially shocking because it occurred right after Bitcoin reached a historic high, which amplified the market's reaction.

However, other factors may have contributed, such as expectations of possible Fed rate cuts — although that was more of a driver for the previous rally — or recent macroeconomic indicators. But the most concrete and reported cause today was this Treasury announcement.

In summary

Bessent's announcement was not officially anticipated and generated an unexpected and swift reaction in the market.

Bitcoin fell significantly, in part because it was expected that the government would continue buying; by confirming that it would not, a key support for demand was withdrawn.

$BTC $ETH $SOL

how are you doing now??? down

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calm down this is a lesson of life that you must give to receive you don't have to be hard on our family I learned that a long time ago good luck 🍀🍀🍀🍀

Did you transfer USDT to fraudulent sites? It happened to me... don't worry, you're not the only one this happens to. If you're still alive, the money will be recovered.

are you in profits now?

Close, BTC is rising tremendously and it's hard for it to go down

same, I will always start trading in spot

calm many lost thousands in my case I lost 180 usdt

I also lost 180 USDT, brother. It's good to know when to exit. I am withdrawing from futures, I will save a lot of capital and trade in spot with stable cryptocurrencies.

$MYX don't make shorts peopleee they only give their moneyyyyy it was going down but it will go up to liquidate them

$MYX and to think that a couple of days ago it was 0.12

I have nothing left, I lost 180 dollars, I will start from 0 in a few days, but I will no longer trade futures, or maybe I will, but only BTC, ETH, SOL, XRP. There is a lot of speculation.

report friend

it's a whale or a bot that is hunting (liquidations)

$MYX everyone report this cryptocurrency seems like a sports bet