Five weeks in a row in the red. It seems Bitcoin has decided to test the patience of even the calmest investors 😅
BTC ended last week down around 4.5%. The price dipped to $73,500.
And that’s not all:
— Around $1.28 billion flowed out of U.S. Bitcoin ETFs over the week.
— Crypto market liquidations exceeded $1 billion in 24 hours.
— The biggest hit landed on those betting on further gains with leverage.
But you know what’s interesting?
Every time the market takes a sharp dip, the same question comes up: is this a chance to buy at a lower price, or the start of a more serious decline?
For now, I wouldn’t rush into either buying or panic-selling. I’d like to see where buyers are genuinely willing to defend the price first.
Now I’m curious to hear what you think:
Do you believe Bitcoin can turn around in November, or are we in for another wave of declines?
And who’s in the market right now—buyers or patient observers? 👇
$BTC
$BNB
$XRP
#BitcoinFiveWeeklyLosses
BTC ended last week down around 4.5%. The price dipped to $73,500.
And that’s not all:
— Around $1.28 billion flowed out of U.S. Bitcoin ETFs over the week.
— Crypto market liquidations exceeded $1 billion in 24 hours.
— The biggest hit landed on those betting on further gains with leverage.
But you know what’s interesting?
Every time the market takes a sharp dip, the same question comes up: is this a chance to buy at a lower price, or the start of a more serious decline?
For now, I wouldn’t rush into either buying or panic-selling. I’d like to see where buyers are genuinely willing to defend the price first.
Now I’m curious to hear what you think:
Do you believe Bitcoin can turn around in November, or are we in for another wave of declines?
And who’s in the market right now—buyers or patient observers? 👇
$BTC
$BNB
$XRP
#BitcoinFiveWeeklyLosses