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Did Bitcoin Crash Right After Hitting Its All-Time High in 2020? 🚀
Here’s What Really Happened! 📉
The 2020 Bitcoin bull run was one for the books, with BTC reaching unprecedented highs and drawing in massive interest from investors worldwide. As institutional adoption surged and retail traders piled in, Bitcoin broke its previous record of $20,000 set in 2017. By early 2021, it skyrocketed to around $64,000, marking a historic peak.
However, what happened next shocked the market. Bitcoin didn’t hold this level for long; after reaching this ATH, a significant correction ensued. BTC’s value fell to nearly half of its high over a few months. This correction was driven by large-scale profit-taking, regulatory concerns, and the natural volatility that often follows strong price surges in crypto markets.
This cycle showed once again that Bitcoin’s journey to new heights is never a straight line—it’s a wild ride of booms and corrections. Curious about the next move? Stay tuned for more insights!
#BTCBreak71K #EmperorMajesty #USJobOpeningsDip #BTC1D #btc73k $BTC
Here’s What Really Happened! 📉
The 2020 Bitcoin bull run was one for the books, with BTC reaching unprecedented highs and drawing in massive interest from investors worldwide. As institutional adoption surged and retail traders piled in, Bitcoin broke its previous record of $20,000 set in 2017. By early 2021, it skyrocketed to around $64,000, marking a historic peak.
However, what happened next shocked the market. Bitcoin didn’t hold this level for long; after reaching this ATH, a significant correction ensued. BTC’s value fell to nearly half of its high over a few months. This correction was driven by large-scale profit-taking, regulatory concerns, and the natural volatility that often follows strong price surges in crypto markets.
This cycle showed once again that Bitcoin’s journey to new heights is never a straight line—it’s a wild ride of booms and corrections. Curious about the next move? Stay tuned for more insights!
#BTCBreak71K #EmperorMajesty #USJobOpeningsDip #BTC1D #btc73k $BTC
guyes i need yòur fear opinion
tell me traders thet i will sell or hold#BTCReboundsAfterFOMC #BTC☀ #btc73k #BinanceLaunchpoolHMSTR #btcupdates2024 $BTC
tell me traders thet i will sell or hold#BTCReboundsAfterFOMC #BTC☀ #btc73k #BinanceLaunchpoolHMSTR #btcupdates2024 $BTC
BTC BULLRUN END!
Btc has reached its all time high of 62970k and will be coming down for correction till 67k to 69k this weekend so don't make long trades just short btc and make profits...once US elections ends market will make a huge dip...#BTC☀ #btc73k #BinanceBlockchainWeek
Btc has reached its all time high of 62970k and will be coming down for correction till 67k to 69k this weekend so don't make long trades just short btc and make profits...once US elections ends market will make a huge dip...#BTC☀ #btc73k #BinanceBlockchainWeek
BTC CAN'T BREAK IT'S NEW ATH?
Today btc has marked it's high at 73620 dollars but can't cross its all time high of 73750 dollars...It tells us that btc will not cross such highs even after years...It will keep on making highs and lows but I don't think it will cross its New ATH...
Btc is pumping due to US presidential elections and big institutions are buying btc and so market is pumping and the second reason is the interest rate cut down...Btc can make a low till 66k to 69k range after elections or this weekend or next...Let's see what happens next! #btc #BTCBreak71K #BTC☀ #btc73k
Today btc has marked it's high at 73620 dollars but can't cross its all time high of 73750 dollars...It tells us that btc will not cross such highs even after years...It will keep on making highs and lows but I don't think it will cross its New ATH...
Btc is pumping due to US presidential elections and big institutions are buying btc and so market is pumping and the second reason is the interest rate cut down...Btc can make a low till 66k to 69k range after elections or this weekend or next...Let's see what happens next! #btc #BTCBreak71K #BTC☀ #btc73k
Bitcoin Market Sentiment Enters Extreme Greed Zone, What Does This Mean For BTC?
Despite facing strong resistance at the $73,000 price level, leading to a notable price drop on Thursday after a remarkable week of upside movement, traders and investors are still betting on Bitcoin, demonstrating a persistent demand for the crypto asset.
Bitcoin In Extreme Greed Territory Again After Fews Months
Investors’ sentiment around Bitcoin has witnessed a sharp increase as BTC’s Fear and Greed index has moved into extreme greed levels, signaling an optimistic outlook for the crypto asset. Jason Pizzino, a macro trader and investor, reported the development in a recent post on X, which may suggest an overvaluation of the asset.$BTC
The macro expert pointed out that for 2 days in a row, Bitcoin was within the extreme greed zone, marking its first time since June this year. He further warned that this market sentiment may persist throughout the next few months as seen in the past market trends.
Specifically, the Fear and Greed index is a tool for examining BTC’s superiority over other digital assets by assessing variables like volatility, momentum, and social media trends. It has been a reliable indicator that offers investors insights on when to sell and buy BTC.
According to Pizzino, near the peak in February and April were the last time Bitcoin experienced prolonged periods of extreme greed, suggesting renewed confidence and optimism in BTC. Even though there was still a lot of price activity during this period, Pizzino claims development is a “top signal.”
This increase in market sentiment reflects a constant rise in confidence among retail and institutional investors, triggering an upward direction for the price of Bitcoin. While this shift in enthusiasm often implies that investors are anticipating more gains, there is a risk of overbought conditions.
In the meantime, the expert has urged investors to be wary of those promoting the large inflows of the historical Spot Bitcoin Exchange-Traded Funds (ETFs) presently or Michael Saylor’s current comments about BTC, claiming everything was the same 8 to 10 months ago.
BTC In A Bearish Territory Amidst Extreme Greed
Despite the strong optimism around BTC, the crypto asset has fallen to the $69,000 threshold, showing signs of an extended decline. Given that this drop comes after a week of upward movement, it has sparked speculations about its short-term potential.
However, with the surge in trading volume in the past 24 hours by over 21%, there is the possibility of a brief price rebound as the bulls seem to be gradually regaining control of the market.
The decline has also led to a dip in Bitcoin’s dominance in the market, which has fallen to 58%, previously situated close to 60%. This slight decrease in market dominance during waning performances in BTC raises the potential of diversification towards altcoins.
Bitcoin In Extreme Greed Territory Again After Fews Months
Investors’ sentiment around Bitcoin has witnessed a sharp increase as BTC’s Fear and Greed index has moved into extreme greed levels, signaling an optimistic outlook for the crypto asset. Jason Pizzino, a macro trader and investor, reported the development in a recent post on X, which may suggest an overvaluation of the asset.$BTC
The macro expert pointed out that for 2 days in a row, Bitcoin was within the extreme greed zone, marking its first time since June this year. He further warned that this market sentiment may persist throughout the next few months as seen in the past market trends.
Specifically, the Fear and Greed index is a tool for examining BTC’s superiority over other digital assets by assessing variables like volatility, momentum, and social media trends. It has been a reliable indicator that offers investors insights on when to sell and buy BTC.
According to Pizzino, near the peak in February and April were the last time Bitcoin experienced prolonged periods of extreme greed, suggesting renewed confidence and optimism in BTC. Even though there was still a lot of price activity during this period, Pizzino claims development is a “top signal.”
This increase in market sentiment reflects a constant rise in confidence among retail and institutional investors, triggering an upward direction for the price of Bitcoin. While this shift in enthusiasm often implies that investors are anticipating more gains, there is a risk of overbought conditions.
In the meantime, the expert has urged investors to be wary of those promoting the large inflows of the historical Spot Bitcoin Exchange-Traded Funds (ETFs) presently or Michael Saylor’s current comments about BTC, claiming everything was the same 8 to 10 months ago.
BTC In A Bearish Territory Amidst Extreme Greed
Despite the strong optimism around BTC, the crypto asset has fallen to the $69,000 threshold, showing signs of an extended decline. Given that this drop comes after a week of upward movement, it has sparked speculations about its short-term potential.
However, with the surge in trading volume in the past 24 hours by over 21%, there is the possibility of a brief price rebound as the bulls seem to be gradually regaining control of the market.
The decline has also led to a dip in Bitcoin’s dominance in the market, which has fallen to 58%, previously situated close to 60%. This slight decrease in market dominance during waning performances in BTC raises the potential of diversification towards altcoins.
$BTC
📢 Should You Buy Bitcoin While It's Less Than $70,000? 🤔🫢🤔🤔
🔥 Bitcoin (CRYPTO: BTC) has come a long way since the depths of the crypto winter of 2022. In the last two years, it has climbed more than 300% and recently notched a new all-time high.
Yet, since hitting that peak in April, things have cooled off and -- dare I say -- become lackluster. Volatility has returned, and any momentum that Bitcoin tries to muster seems to be short-lived. However, while the current situation might look a little bleak at the moment, I view a sub-$70,000 Bitcoin as an opportunity that won't last long.
✍️ Why now might be a good time to buy
In the short term, there are two events that will likely prove to be significant factors that eventually push Bitcoin's price well past $70,000.
The first is Bitcoin's halving. Occurring approximately every four years, the halving reduces the rate at which new Bitcoins are produced, thus increasing scarcity. In other words, halvings alter the dynamics around Bitcoin's supply and demand.
✍️ By reducing the supply rate at which Bitcoins are produced, the halving essentially makes it so that even if demand remains constant, the price has to increase in order to compensate for the reduction in supply. After all, the mining operators still need to pay their electric bills. On average, in the year a halving occurs, Bitcoin's price increases by about 125%. Should a similar situation unfold this time around, Bitcoin could potentially reach nearly $100,000 by the end of the year.
#BNBHODLer #Megadrop #BinanceTournament #Write2Earn! #btc73k
$ZK $LISTA
📢 Should You Buy Bitcoin While It's Less Than $70,000? 🤔🫢🤔🤔
🔥 Bitcoin (CRYPTO: BTC) has come a long way since the depths of the crypto winter of 2022. In the last two years, it has climbed more than 300% and recently notched a new all-time high.
Yet, since hitting that peak in April, things have cooled off and -- dare I say -- become lackluster. Volatility has returned, and any momentum that Bitcoin tries to muster seems to be short-lived. However, while the current situation might look a little bleak at the moment, I view a sub-$70,000 Bitcoin as an opportunity that won't last long.
✍️ Why now might be a good time to buy
In the short term, there are two events that will likely prove to be significant factors that eventually push Bitcoin's price well past $70,000.
The first is Bitcoin's halving. Occurring approximately every four years, the halving reduces the rate at which new Bitcoins are produced, thus increasing scarcity. In other words, halvings alter the dynamics around Bitcoin's supply and demand.
✍️ By reducing the supply rate at which Bitcoins are produced, the halving essentially makes it so that even if demand remains constant, the price has to increase in order to compensate for the reduction in supply. After all, the mining operators still need to pay their electric bills. On average, in the year a halving occurs, Bitcoin's price increases by about 125%. Should a similar situation unfold this time around, Bitcoin could potentially reach nearly $100,000 by the end of the year.
#BNBHODLer #Megadrop #BinanceTournament #Write2Earn! #btc73k
$ZK $LISTA
$SOL Update
See as I predicted some weaks ago, Market sentiments were not good at that time because of Selling pressure on $BTC by #MtGox钱包动态 and the German Government.
Price of #SolanaUSTD continuously declining below its support levels.
Now solana has passed its main resistance level of $154– $156 .
Heading towards the target mention before and now in the chart
#RecoveryMode #SOFR_Spike #btc73k
See as I predicted some weaks ago, Market sentiments were not good at that time because of Selling pressure on $BTC by #MtGox钱包动态 and the German Government.
Price of #SolanaUSTD continuously declining below its support levels.
Now solana has passed its main resistance level of $154– $156 .
Heading towards the target mention before and now in the chart
#RecoveryMode #SOFR_Spike #btc73k
$SOL
SOL Price Prediction: A Difficult Recovery
#solana price trading at $144 will likely continue its decline to tag $137 as a support floor. This price has been tested in the past and marks a monthly low for SOL. Should the skepticism be sustained among investors.
On the other hand, if Solana’s price bounces back from $137 or earlier and reclaims $155-57 as a support floor, it could recover quickly.
There are 2 support floors
👉$155-156 and $160-162
Breaching these supports is the ideal target for SOL, and securing it as support would enable a bounce back to $170.
This would not only help regain the recent losses but also invalidate the bearish thesis.
#bitcoin #altcoins #CPIAlert #BlackRock
SOL Price Prediction: A Difficult Recovery
#solana price trading at $144 will likely continue its decline to tag $137 as a support floor. This price has been tested in the past and marks a monthly low for SOL. Should the skepticism be sustained among investors.
On the other hand, if Solana’s price bounces back from $137 or earlier and reclaims $155-57 as a support floor, it could recover quickly.
There are 2 support floors
👉$155-156 and $160-162
Breaching these supports is the ideal target for SOL, and securing it as support would enable a bounce back to $170.
This would not only help regain the recent losses but also invalidate the bearish thesis.
#bitcoin #altcoins #CPIAlert #BlackRock
$BTC bullish scenario 📈 (If wave x ends? 💥)
#btc73k #BTC100Ksoon #btc70 #BTC☀ #bitcoin☀️
{future}(BTCUSDT)
#btc73k #BTC100Ksoon #btc70 #BTC☀ #bitcoin☀️
{future}(BTCUSDT)
#BTC☀ looking highly bullish both on the weekly and daily chart.Expecting some resistance around (68,394.84-68,932).If this zone is surpassed expecting #btc to reach 71,450 real soon.On the other scenario it might drop to around 66,692 and maybe eventually down to around 65,150.
Overall expecting #BTC☀ to hit an alltime high soon.Can't wait to see what it has in-store for us💪💪🚀
$BTC
#btc73k
#BTC100Ksoon 🔥
Overall expecting #BTC☀ to hit an alltime high soon.Can't wait to see what it has in-store for us💪💪🚀
$BTC
#btc73k
#BTC100Ksoon 🔥
$AAVE Boom💥
🔶12% Profit in Spot
🔶Premium Member Made 432$ Profit
For More Signals Join Us
#Aavesignal #spotsignal #btc73k #DailyTrade #apCryptoCalls
🔶12% Profit in Spot
🔶Premium Member Made 432$ Profit
For More Signals Join Us
#Aavesignal #spotsignal #btc73k #DailyTrade #apCryptoCalls
Aave Breaking trendline
keep an eyes on Aave👀
Feel Free to Reach out us 👉TG@ItxAP117
For signals📶🚦
#Aave #Aavesignal #spotsignal #apCryptoCalls
$AAVE
keep an eyes on Aave👀
Feel Free to Reach out us 👉TG@ItxAP117
For signals📶🚦
#Aave #Aavesignal #spotsignal #apCryptoCalls
$AAVE
$BTC bull flag on 1 hourly timeframe breakout targets will be 62000 64000 66000.
#BTC☀ #btc70 #btc73k #writetowin #Write&Earn
#BTC☀ #btc70 #btc73k #writetowin #Write&Earn
DON'T Miss KEY Information ℹ️
BTC the king coin of the market is now trading upside also a monthly closing coming i mentioned all the scenario that boost btc to new all time high so read all three pictures . and also monthly volume tell that maicro institutions are buying again btc . if you want more information tell us in comment .
* Join our community and let's trade our way to success together!
#TradeVision #Trading #Investing #FinancialLiteracy #MarketInsights"
#Write2Earn! #trendingtopic #btc73k
$BTC $BNB
BTC the king coin of the market is now trading upside also a monthly closing coming i mentioned all the scenario that boost btc to new all time high so read all three pictures . and also monthly volume tell that maicro institutions are buying again btc . if you want more information tell us in comment .
* Join our community and let's trade our way to success together!
#TradeVision #Trading #Investing #FinancialLiteracy #MarketInsights"
#Write2Earn! #trendingtopic #btc73k
$BTC $BNB
Bitcoin price to hit all-time high if it stays above $55k: CEO
According to CryptoQuant CEO Ki Young Ju, if Bitcoin’s price stays above $45,000, it could surpass its all-time high within a year.
Young Ju said that if Bitcoin’s price remained above $45,000, it could hit all-time highs, exceeding this year’s price of $73,737.94.
#BTC
#btc73k
#BinanceLaunchpoolTON
#Babylon_Mainnet_Launch
According to CryptoQuant CEO Ki Young Ju, if Bitcoin’s price stays above $45,000, it could surpass its all-time high within a year.
Young Ju said that if Bitcoin’s price remained above $45,000, it could hit all-time highs, exceeding this year’s price of $73,737.94.
#BTC
#btc73k
#BinanceLaunchpoolTON
#Babylon_Mainnet_Launch
#btc73k Your content provides a comprehensive guide for those dealing with significant losses after a major crypto market crash. Here's a slightly refined version that maintains your message while making it more concise and engaging:
#BTC☀ What to Do If You're in a Big Loss After Today's 10%+ Crypto Market Crash**
Today, the cryptocurrency market faced one of its worst crashes in history. Bitcoin dropped by more than 15%, Ethereum by over 20%, and many altcoins saw losses ranging from 20% to 30%. Here’s a deep dive into what caused this crash, how you can capitalize on the downturn, and tips for staying resilient during these volatile times.
#MtGoxRepayments Market Drop Analysis
#$300 Billion Plunge: The Largest 3-Day Wipeout in a Year
This recent three-day sell-off has wiped out over $300 billion from the crypto market. Here’s why:
1. #Weak Jobs Data Recent employment reports revealed weaker-than-expected job growth, raising concerns about the global economy's health and impacting both traditional and crypto markets.
2. Recession Fears Renewed fears of a global recession have led to panic among investors, exacerbated by significant declines in the equity markets, which often correlate with crypto.
$ETH
#BTC☀ What to Do If You're in a Big Loss After Today's 10%+ Crypto Market Crash**
Today, the cryptocurrency market faced one of its worst crashes in history. Bitcoin dropped by more than 15%, Ethereum by over 20%, and many altcoins saw losses ranging from 20% to 30%. Here’s a deep dive into what caused this crash, how you can capitalize on the downturn, and tips for staying resilient during these volatile times.
#MtGoxRepayments Market Drop Analysis
#$300 Billion Plunge: The Largest 3-Day Wipeout in a Year
This recent three-day sell-off has wiped out over $300 billion from the crypto market. Here’s why:
1. #Weak Jobs Data Recent employment reports revealed weaker-than-expected job growth, raising concerns about the global economy's health and impacting both traditional and crypto markets.
2. Recession Fears Renewed fears of a global recession have led to panic among investors, exacerbated by significant declines in the equity markets, which often correlate with crypto.
$ETH
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