This $BTC drop was not caused by the Nvidia CEO news.
Many traders believe big market players used the news as an excuse, and around $1 billion was liquidated from 140,000 traders yesterday.
I had expected Bitcoin to move into the $70K–$75K range after it reached $85K.
News often explains a move after it happens. It's better to watch the overall market, liquidity, and higher-timeframe price levels.
If you're not sure which altcoins to buy, sticking with Bitcoin can be the safer choice. Many altcoins are risky, so learn before investing or avoid altcoins and high leverage.
This is not financial advice. Always do your own research (DYOR).
$ON $GNS
#Liquidations #BTC #BitcoinFiveWeeklyLosses #NvidiaInvestigatesAfterHuang’sAffairApology #CPITestsDecemberRateOutlook
Many traders believe big market players used the news as an excuse, and around $1 billion was liquidated from 140,000 traders yesterday.
I had expected Bitcoin to move into the $70K–$75K range after it reached $85K.
News often explains a move after it happens. It's better to watch the overall market, liquidity, and higher-timeframe price levels.
If you're not sure which altcoins to buy, sticking with Bitcoin can be the safer choice. Many altcoins are risky, so learn before investing or avoid altcoins and high leverage.
This is not financial advice. Always do your own research (DYOR).
$ON $GNS
#Liquidations #BTC #BitcoinFiveWeeklyLosses #NvidiaInvestigatesAfterHuang’sAffairApology #CPITestsDecemberRateOutlook
