A flash crash is a very rapid, deep, and volatile fall in prices occurring within a very short time period.
What are the Red Flags in Bitcoin Chart?
1- Bitcoin lost more than 15% of its value in 2 hours..!
2- 30 days gain washed out in a couple of hours..!
3- January 2021, Bitcoin was 30-33 K, and 72% of the total cryptocurrency market cap belong to Bitcoin at that time. Today it is decreased to 42%.
4- Bitcoin Experienced weakness in the past 3 months rebound in comparison to total cryptocurrency market cap.
5- When flash crashes like this tends to repeat frequently, it puts a very big question mark in front of investors and those who think long-term.
6- It seems people are searching for the next bitcoin and retail traders tend to invest and trad Altcoin much more.
In conclusion, If you are a trader cryptocurrency market offers lots of opportunities because of the high volatility.
but the question:
Are you ready to handle this level of volatility???
Moshkelgosha
DISCLAIMER
I’m not a certified financial planner/advisor nor a certified financial analyst nor an economist nor a CPA nor an accountant nor a lawyer. I’m not a finance professional through formal education. The contents on this site are for informational purposes only and do not constitute financial, accounting, or legal advice. I can’t promise that the information shared on my posts is appropriate for you or anyone else. By using this site, you agree to hold me harmless from any ramifications, financial or otherwise, that occur to you as a result of acting on information found on this site.
What are the Red Flags in Bitcoin Chart?
1- Bitcoin lost more than 15% of its value in 2 hours..!
2- 30 days gain washed out in a couple of hours..!
3- January 2021, Bitcoin was 30-33 K, and 72% of the total cryptocurrency market cap belong to Bitcoin at that time. Today it is decreased to 42%.
4- Bitcoin Experienced weakness in the past 3 months rebound in comparison to total cryptocurrency market cap.
5- When flash crashes like this tends to repeat frequently, it puts a very big question mark in front of investors and those who think long-term.
6- It seems people are searching for the next bitcoin and retail traders tend to invest and trad Altcoin much more.
In conclusion, If you are a trader cryptocurrency market offers lots of opportunities because of the high volatility.
but the question:
Are you ready to handle this level of volatility???
Moshkelgosha
DISCLAIMER
I’m not a certified financial planner/advisor nor a certified financial analyst nor an economist nor a CPA nor an accountant nor a lawyer. I’m not a finance professional through formal education. The contents on this site are for informational purposes only and do not constitute financial, accounting, or legal advice. I can’t promise that the information shared on my posts is appropriate for you or anyone else. By using this site, you agree to hold me harmless from any ramifications, financial or otherwise, that occur to you as a result of acting on information found on this site.
Note
El Salvador: Gross domestic product (GDP) in 2021: 26.8 billion dollars..! too little to save a 1 trillion dollar asset..!
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Use the following link to access trading ideas: patreon.com/SniperTraderStocks?utm_medium=unknown&utm_source=join_link&utm_campaign=creatorshare_creator&utm_content=copyLink
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.