Why is crypto crashing again?

are u sure this is the right place to ask such question?
 
Too lazy to go after the new news? What's going on this time? Bitcoin was doing just fine 2 hours ago.
Kraken closing staking due to SEC + DXY going up + CPI being shit worldwide + BTC/Stocks were at resistance early in the week + Copper/Gasoline going up(signals CPI up)
 
Crypto always falls and rises, there is nothing surprising about that. I'm waiting for a lower drop to fill my bags.
 
-4.63% over the past 24 hours is no longer considered a crash !!! Be ready, fasten your seat belts, it is the new era of the big whales. Accept this -4.63% over the past 24 hours as to be (nowadays) a "USUAL"volatility.
For those of you who have traded Bitcoin long, especially with leverage, expect severe turbulences ahead.
Bitcoin will be around US$8000 by end of this year 2023. Those who will short Bitcoin now (no leverage please), will do a neat 3x by end of this year 2023. (As usual, seek your own independent financial or professional advice and NEVER go as per what anyone mentions in any forums and be careful, this is crypto, so even your own professional crypto "adviser" may be unreliable, as it is the new era of the big whales).
 
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-4.63% over the past 24 hours is no longer considered a crash !!! Be ready, fasten your seat belts, it is the new era of the big whales. Accept this -4.63% over the past 24 hours as to be (nowadays) a "USUAL"volatility.
For those of you who have traded Bitcoin long, especially with leverage, expect severe turbulences ahead.
Bitcoin will be around US$8000 by end of this year 2023. Those who will short Bitcoin now (no leverage please), will do a neat 3x by end of this year 2023. (As usual, seek your own independent financial or professional advice and NEVER go as per what anyone mentions in any forums).
Unless a black swan event happens in stocks that's not going to happen ever
 
Unless a black swan event happens in stocks that's not going to happen ever
How can someone compare stocks with Bitcoin ? Lots of similarities AND lots of differences too.
There have been times when stocks crashed and Bitcoin moved quite up and also the reverse.
Anyways, let's wait and see by end of Dec 2023.
 
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How can someone compare stocks with Bitcoin ? Lots of similarities AND lots of differences too).
There have been times when stocks crashed and Bitcoin moved quite up and also the reverse.
Anyways, let's wait and see by end of Dec 2023.
Very high correlation between the 2. Only time that correlation doesn't happen is when there are big news events for BTC (negative or positive ones, like ETH merge or FTX insolvency). Unless something massive like that happens in 2023 then it'll just continue following SP500 except with higher volatility since its crypto
 
are u sure this is the right place to ask such question?

Yep

Btw thanks for the great tip! Have just recently shorted BTC and already made a good profit lol

I guess I asked midway through the dump

@bartosimpsonio , did you buy too much crypto crap?
PS: your posts are getting boring.

Nope just enough for weekend beer

When it can pump for no reason, it can also crash for no reason. Simple!!!

There always seems to be some reason tho

-4.63% over the past 24 hours is no longer considered a crash !!! Be ready, fasten your seat belts, it is the new era of the big whales. Accept this -4.63% over the past 24 hours as to be (nowadays) a "USUAL"volatility.
For those of you who have traded Bitcoin long, especially with leverage, expect severe turbulences ahead.
Bitcoin will be around US$8000 by end of this year 2023. Those who will short Bitcoin now (no leverage please), will do a neat 3x by end of this year 2023. (As usual, seek your own independent financial or professional advice and NEVER go as per what anyone mentions in any forums and be careful, this is crypto, so even your own professional crypto "adviser" may be unreliable, as it is the new era of the big whales).

U right. Big pump coming IMO

I do not see a strong decline, will go up further.

Thank you I need it to pump before 6 o clock so I can buy weekend beer
 
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