Whoa, just saw $BTC slip under $70,000 and it hit me hard. Feels like the market’s taking a breather after a wild ride.
Cointelegraph.com says the dip came with barely any buying pressure and some recent ETF outflows draining the flow. Order books looked pretty thin, which probably helped push it lower.
The Fear and Greed gauge sits at 20 – extreme fear territory. All coins together are worth about $2.33 trillion, with Bitcoin making up 59 % of that, and the whole market fell roughly 8.02 % in the last day.
Anyone else thinking this could be a chance to rebalance, or just waiting for the panic to settle?
NFA | DYOR #BinanceSquare #WriteToEarn #Bitcoin #Crypto #Binance
Cointelegraph.com says the dip came with barely any buying pressure and some recent ETF outflows draining the flow. Order books looked pretty thin, which probably helped push it lower.
The Fear and Greed gauge sits at 20 – extreme fear territory. All coins together are worth about $2.33 trillion, with Bitcoin making up 59 % of that, and the whole market fell roughly 8.02 % in the last day.
Anyone else thinking this could be a chance to rebalance, or just waiting for the panic to settle?
NFA | DYOR #BinanceSquare #WriteToEarn #Bitcoin #Crypto #Binance