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𝗧𝗵𝗲 𝗿𝗲𝗮𝘀𝗼𝗻 𝗯𝗲𝗵𝗶𝗻𝗱 𝗕𝗧𝗖 𝘀𝘂𝗱𝗱𝗲𝗻 𝗱𝘂𝗺𝗽🚨
📢 Microsoft shareholders rejected the proposal to add Bitcoin to their balance sheet.
#MarketCorrection #BuyTheDipOrWait #dump #MicrosoftBTCInvestmentVote #BURNGMT
📢 Microsoft shareholders rejected the proposal to add Bitcoin to their balance sheet.
#MarketCorrection #BuyTheDipOrWait #dump #MicrosoftBTCInvestmentVote #BURNGMT
#btc #microsoft #quantum-computer #dump
Bitcoin experienced a sharp drop on December 9, 2024, primarily driven by a combination of market and external factors:
1. Liquidations of Leveraged Positions: The decline triggered $1.7 billion in liquidations across the crypto market, with $303 million being wiped out in just minutes. This was a result of a rapid sell-off, leading to a cascade of margin calls and forced liquidations.
2. Market Overextension: Bitcoin had recently hit an all-time high above $100,000, leading to a heavily leveraged market. The sudden pullback served as a correction, removing speculative excess.
3. Quantum Computing Concerns: Google announced a breakthrough in quantum computing with its “Willow” chip, raising concerns about potential vulnerabilities in Bitcoin’s cryptographic security. While experts believe the technology isn’t yet a direct threat, the news likely added to market uncertainty  .
4. Institutional and Governmental Movements: There were notable transactions, such as Bhutan transferring Bitcoin reserves to exchanges, which may have contributed to selling pressure.
These factors combined to create a volatile environment, pushing Bitcoin as low as $93,000 before partially recovering to $97,800. Analysts suggest this is likely a short-term correction, with the market entering a consolidation phase.
Bitcoin experienced a sharp drop on December 9, 2024, primarily driven by a combination of market and external factors:
1. Liquidations of Leveraged Positions: The decline triggered $1.7 billion in liquidations across the crypto market, with $303 million being wiped out in just minutes. This was a result of a rapid sell-off, leading to a cascade of margin calls and forced liquidations.
2. Market Overextension: Bitcoin had recently hit an all-time high above $100,000, leading to a heavily leveraged market. The sudden pullback served as a correction, removing speculative excess.
3. Quantum Computing Concerns: Google announced a breakthrough in quantum computing with its “Willow” chip, raising concerns about potential vulnerabilities in Bitcoin’s cryptographic security. While experts believe the technology isn’t yet a direct threat, the news likely added to market uncertainty  .
4. Institutional and Governmental Movements: There were notable transactions, such as Bhutan transferring Bitcoin reserves to exchanges, which may have contributed to selling pressure.
These factors combined to create a volatile environment, pushing Bitcoin as low as $93,000 before partially recovering to $97,800. Analysts suggest this is likely a short-term correction, with the market entering a consolidation phase.
If you have made a profit, now is the time to sit back and save your capital for the coming downturn. And new investors should try not to enter the market at this time Which is difficult to explain to yourself after seeing the market going up What was understood was self-conquered
#btc #dump #pump #altseason #MarketInTheGreen
#btc #dump #pump #altseason #MarketInTheGreen
An #Ethereum ICO participant who has been dormant for 3 years transferred 5,055 $ETH ($8.3M) to a new address 2 hours ago.
He/she received 10,100 $ETH at Ethereum Genesis, the ETH ICO price is ~$0.31.
#ETH #ethereumshanghaiupgrade #dyor #dump #zero2hero
He/she received 10,100 $ETH at Ethereum Genesis, the ETH ICO price is ~$0.31.
#ETH #ethereumshanghaiupgrade #dyor #dump #zero2hero
Pure market ko hilane k liye ek news kafi hai 🤦🏻♂️
Reason behind the dump
⚠️ Matrixport’s latest report released a rare view that the SEC will reject all Bitcoin spot ETFs in January, and final approval may be achieved in the Q2.
It also predicts that the price of Bitcoin will fall to 36,000 to 38,000, and recommended that investors buy put options or even directly short Bitcoin.
#dump #etf #ETFNews #btc
Reason behind the dump
⚠️ Matrixport’s latest report released a rare view that the SEC will reject all Bitcoin spot ETFs in January, and final approval may be achieved in the Q2.
It also predicts that the price of Bitcoin will fall to 36,000 to 38,000, and recommended that investors buy put options or even directly short Bitcoin.
#dump #etf #ETFNews #btc
$BTC
#BTC 🔥🔥🔥🔥
#dump
(it's sad, it's painful, but it's true) Friends, I know it’s hard to accept but the reality is that we are still at the very beginning of the market correction, the market will continue to decline for a long time, until it exhausts even the most resilient optimists.
Brace yourselves brothers and sisters, plan for a minimum of 45k per bitcoin. And only then we can consider the option of growth further to 100k.
I am waiting for your comments full of poisonous gratitude.
#Bitcoin (BTC) #BTC/USDT
#BTC 🔥🔥🔥🔥
#dump
(it's sad, it's painful, but it's true) Friends, I know it’s hard to accept but the reality is that we are still at the very beginning of the market correction, the market will continue to decline for a long time, until it exhausts even the most resilient optimists.
Brace yourselves brothers and sisters, plan for a minimum of 45k per bitcoin. And only then we can consider the option of growth further to 100k.
I am waiting for your comments full of poisonous gratitude.
#Bitcoin (BTC) #BTC/USDT
⚠️⚠️Claim your Complimentary Reward Upto 3USDT/FDUSD
Claim your Reward 🎁🎁🎁
#HotTrends #ETHFI #BOME #SLERF #BTC
Claim your Reward 🎁🎁🎁
#HotTrends #ETHFI #BOME #SLERF #BTC
BTC rejected at top....sell here with sl 48340
for TGT 46500-45400-43500, sell in zone 45500-45600#btc #dump #ShortBTCnow
for TGT 46500-45400-43500, sell in zone 45500-45600#btc #dump #ShortBTCnow
BTC can dump again after reaching 59.500
please don't make any mistakes till that time
#btc #BearishAlert #signal #dump
please don't make any mistakes till that time
#btc #BearishAlert #signal #dump
$BTC
#BTC🔥🔥🔥🔥
#dump
("Bull trap" begins to work) Friends, I don't want to upset you, but a "Bull Trap" is now forming in the market, which only confirms my belief that bitcoin's fall to 45000 is imminent. And of course the rest of the market will follow it and fall too. Halving and ETFs have been priced in for a long time, although everyone thinks they are the panacea for all ills. I know it pains you to hear this, but hopes for growth will be shattered and instead of growth we will see a rather long and painful fall. But, friends, don't despair, this is a necessary measure to recover this overbought market and reach new heights afterwards. In the meantime, you can vent your toxic vapor in the comments.
#BTC/USDT. #Bitcoin(BTC)
#BTC🔥🔥🔥🔥
#dump
("Bull trap" begins to work) Friends, I don't want to upset you, but a "Bull Trap" is now forming in the market, which only confirms my belief that bitcoin's fall to 45000 is imminent. And of course the rest of the market will follow it and fall too. Halving and ETFs have been priced in for a long time, although everyone thinks they are the panacea for all ills. I know it pains you to hear this, but hopes for growth will be shattered and instead of growth we will see a rather long and painful fall. But, friends, don't despair, this is a necessary measure to recover this overbought market and reach new heights afterwards. In the meantime, you can vent your toxic vapor in the comments.
#BTC/USDT. #Bitcoin(BTC)