Crypto Market Crash: Factors Behind the Dip

18 days ago

Have you noticed that Bitcoin is still at its all-time high position, But if we see altcoins they are almost towards its all-time low, which is very scary in the crypto Market.

Last night we see a a huge crash in the crypto Market which was majorly because of the 2 Reasons. One of the reason is that the news that came that Iran has decided to take Israel and America is also involved.

The second news is the weekend selling off pressure, where we see every weekend the prices come down. Also, there may be a factor because of the halving which is within 10 days.

I am very sad to say that Hive is now below $0.35

We we were wishing that the price will boom to $0.5 and will surpass and go toward all-time high. But again now it's back to go towards its low time value.

Anyway I always mentioned that every dip is a greater opportunity to buy at low and keep building your wealth.

Bearish Market is the best time to decide your wealth career and to build your wealth.

In this scenario, I advise all the traders to stop doing future trading and stop doing trading with high leverages because the market is too volatile and any direction Bitcoin can move.

Also for the investors who want to book a 5 to 10% profit, they can invest in Bitcoin right now and sell above $70,000 which will be a good trading opportunity.

In such a scenario, It is always advised to hold tightly your coins and wait for the Bitcoin halving event.

All these news are the factors of the Bitcoin having and maybe the these are just rumors to just make sell off from the individuals and the whales keep on buying on every dip.

So it's a it's an advice to #HODL your coins and wait for the better move.

I hope you find this post interesting and I hope you will like it. If you like the post, please leave feedback in the comments section so that the next one will be even better. Thank you for sticking with me until the end.