This Is What’s Creating Pressure in the Crypto Market!
https://youtu.be/UQdWX1c_lDU
https://youtu.be/UQdWX1c_lDU
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This Is What’s Creating Pressure in the Crypto Market!
This Is What’s Creating Pressure in the Crypto Market!
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Btc…
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Btc…
Your Crypto Guy 🇮🇳 pinned «If You’re About To Sell Your Crypto | You Need to See This ✅ https://youtu.be/mlcfmnJGfE4»
The headline CPI came in lower than last month, which is positive, but the core CPI came in higher than last month. which indicates that we won’t get a 50bps rate cut next month, and we will likely only see a 25bps cut.
Someone sold a large quantity of BTC on Coinbase Premium through a market order, which caused a sudden price drop and Btc has broken the $61,000 level. And the weekly closing is in the next 3 days. If BTC confirms support above $61,000 before that, it will be positive otherwise, it could create a panic situation for the market.
This Bitcoin move was driven by spot market sell order, while we didn’t see significant liquidations in this range. But there’s a buy wall in this range, hope for the best.
During the recent dump, we also saw a decline in BTC dominance, which is why alts and ETH didn’t dump as much against BTC.