#cryptouniverseofficial $ETH $BTC 📊🔴 SHOCKING BUT REAL…😱😬 What happened today in the market is simply *incomprehensible* 😳🔥.
➡️ *Bitcoin dropped 5,000 in just 3 hours* ➡️ Nearly *210 billion* 💰 was wiped from the crypto market cap in less than a day ➡️ Around *$700 million* 💰 was liquidated
And the most troubling part? *No bad news* was released today.
❌ No FUD (fear or rumors) ❌ No Trump tweet ❌ No stock market crash ❌ No major economic issues or disappointing results
👉 There’s *no apparent logical explanation* for this brutal move. It strongly looks like market manipulation ☠️ aimed at liquidating highly leveraged positions
we place our entry on the 2,901.96 zone by expecting price to retest the zone and the FVG on the bearish breakout candle then to keep going down Risk/Reward ➡️1:3/ 2 or target the 4h liquidity let's see how it plays out guys #Follow_Like_Comment #Follow4more #LikeCommentShare
We expect price to retest to 2,908.47 at the FVG of the bullish engulfing candle breakout so that's where we place our long position let's see how it plays out guys 🔥🔥🎯🎯💯
$BTC BTC's rising value can be attributed to growing acceptance by institutional investors like Tesla and MicroStrategy, who view it as a hedge against inflation and a store of value. Additionally, the recent halving event reduced supply, creating scarcity. Retail interest is also surging, fueled by media coverage and concerns about traditional currency devaluation. Moreover, advancements in Bitcoin technology and increased regulatory clarity are boosting confidence in its long-term potential. Overall, a combination of factors, including macroeconomic conditions, geopolitical tension, and market sentiment, has contributed to Bitcoin's upward trajectory.$BTC #BinanceAlphaTop5
Bitcoin's upward trajectory is partially attributed to the limited supply and halving events that reduce the rate at which new coins are produced. The decentralized nature of Bitcoin, its potential as a hedge against traditional financial systems, and increased mainstream media coverage have also helped propel its value. Moreover, the overall crypto market sentiment and the speculative nature of the cryptocurrency market play a significant role in Bitcoin's price fluctuations. It's essential for investors to consider both the promising aspects and the risks associated with investing in Bitcoin and to maintain a diversified portfolio to manage potential volatility.