Everyone is asking the same question today, why is *Bitcoin* price going down?
Let's understand in simple words 👇
*😨 1. FEAR IN THE MARKET:* The *Fear and Greed Index* is at *28*, which means people are very scared. When people are scared, they start selling.
*💸 2. BIG PLAYERS ARE TAKING MONEY OUT:* In just one day, more than *$430 Million* went out from *Bitcoin ETF*. When big players take out money, the price goes down.
*📊 3. WHERE IS THE PRICE STUCK?* *$BTC * is now around *$76,000*. Below this, *$75,000* is a very important level. If it breaks, it can go more *DOWN*, and if it goes above *$77,000*, then it can go *UP* again.
*SO WHAT SHOULD A BEGINNER DO?*
*🐢 1. DON'T PANIC:* If you are new, don't put money in a hurry. First learn, then take a step with understanding.
*👀 2. DON'T BELIEVE EVERY NEWS:* Everyone will say it will go *UP* now, it will go *DOWN* now. Just focus on learning.
*📚 3. LEARN A LITTLE EVERY DAY:* Reading *1 post* daily, learning *1 new thing* daily, this is the real success.
*⚠️ REMEMBER,* this is not advice to buy or sell, this is only for learning.
*👂 WHAT DO YOU THINK?* Will *$BTC Bitcoin* go *UP* or more *DOWN*? Tell me in comments *💬: UP 📈 / DOWN 📉*
Allhumdillah Today I got my Certificate from Binance! Beginner Track Completed ✅ It may be a small achievement for others, but for me it is a very big happiness. Thank you Allah for giving me the strength to learn, and a special thanks to Binance for giving us such a great platform to learn. 🙏✨ My journey has just begun, InshaAllah there will be more successes ahead! #Binance $BTC