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Deividi Guedes
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🚨 BTC FREEFALL NOW?
Is the crypto market at serious risk of collapsing due to POWELL's speech and pause in interest rate cuts?
You don't need to be a genius to know that there is an impact due to the correlation of the American stock market with interest rates and the liquidity and risk appetite of the markets.
If interest rates rise, the stock markets become less attractive. If they fall, the propensity for risk increases.
What we need to understand is that at this time, as in other cycles, a natural market realization is common.
After rising as much as BTC has in recent weeks, a 10-20% drop would be normal and would not necessarily affect the bull cycle.
I didn't even buy any more $BTC during this drop, but I have already started investing in other cryptos. $BTC only had a 7% decline. Even if it falls to the $90k region, it will be a normal bull cycle movement. If you are new to the market, you need to internalize this so as not to despair at any downturn and not to fall into the wave of the horsemen of the apocalypse who, at any downturn, shout that everything is over and then disappear.
Understand that some people are only concerned with clicks and likes and you need to focus on the technical side, which is the data.
Stay focused on the cycle and on making money in the medium term. Get used to the shouting around you along the way. It has always been this way and it will not change. Let’s 🫡$BTC
Is the crypto market at serious risk of collapsing due to POWELL's speech and pause in interest rate cuts?
You don't need to be a genius to know that there is an impact due to the correlation of the American stock market with interest rates and the liquidity and risk appetite of the markets.
If interest rates rise, the stock markets become less attractive. If they fall, the propensity for risk increases.
What we need to understand is that at this time, as in other cycles, a natural market realization is common.
After rising as much as BTC has in recent weeks, a 10-20% drop would be normal and would not necessarily affect the bull cycle.
I didn't even buy any more $BTC during this drop, but I have already started investing in other cryptos. $BTC only had a 7% decline. Even if it falls to the $90k region, it will be a normal bull cycle movement. If you are new to the market, you need to internalize this so as not to despair at any downturn and not to fall into the wave of the horsemen of the apocalypse who, at any downturn, shout that everything is over and then disappear.
Understand that some people are only concerned with clicks and likes and you need to focus on the technical side, which is the data.
Stay focused on the cycle and on making money in the medium term. Get used to the shouting around you along the way. It has always been this way and it will not change. Let’s 🫡$BTC
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
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