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🟢 Explanation about Bitcoin
I have been trying to explain to everyone for about 3 months that bitcoin will go down and recommending them to switch to cash. Although it seems like the drops have come to the table now, the drops we have been expecting will continue to lower levels. We think that the expected drop scenario will continue for about 7-8 months. People continue to share that the dominance in bitcoin is increasing and the bull will continue. You need to understand that altcoins have experienced a decrease of about 70-80% at the moment. and while these drops are happening, Bitcoin is still moving between 58,000 and 60,000 dollars. What I really want to say is that when Bitcoin starts to fall, we will see the actual drops in altcoins. When we look at the Bitcoin chart, it started to trade as a popular exchange in the 2021 season and now we are trying to analyze it in the 2024 season. So what I really want to say is that Bitcoin does not have a history of 30 or 40 years. Everyone is analyzing based on the table they see in this short period of time, and everyone is trying to say something on social media according to their own minds. No one thinks in a contrary or negative way.
If we look at bitcoin since 2013, we can see a total of 3 major rallies. What I mean is that everyone thinks that the same things will be repeated in just 3 major rallies or thinks that what has been told in the past will be the same. With such a short-term market, there are many analysts who make their own analysis and comments without having a long and broad-term chart ahead. Bitcoin does not move according to the markets we have seen with the analyses we have made so far. In fact, I can say that almost all markets and the world economy move according to bitcoin's movements. So, when Bitcoin falls, you can think that negative news that will affect the markets in the coming days may emerge. These news may be about the world economy, as in the past, there may be viruses and diseases, or they may be related to wars. In conclusion, in this short period, the picture we have seen is not according to Bitcoin markets, but the markets are moving according to Bitcoin. You will understand this over time. Interest rate cuts by the US or its economy, or financial crises experienced by another country, do not affect Bitcoin, but Bitcoin concerns the economy of the whole world, and the economy of the whole world is currently looking at bitcoin. Many countries continue to make investments or open the way for bitcoin and make progress related to the crypto market.
🟢We are taking note of the reason for history. We will review these posts again, just as we did in the recent past.
#BTC# #ETH# #DOGE# #PEPE# #GT# 🟢 Explanation about Bitcoin
I have been trying to explain to everyone for about 3 months that bitcoin will go down and recommending them to switch to cash. Although it seems like the drops have come to the table now, the drops we have been expecting will continue to lower levels. We think that the expected drop scenario will continue for about 7-8 months. People continue to share that the dominance in bitcoin is increasing and the bull will continue. You need to understand that altcoins have experienced a decrease of about 70-80% at the moment. and while these drops are happening, Bitcoin is still moving between 58,000 and 60,000 dollars. What I really want to say is that when Bitcoin starts to fall, we will see the actual drops in altcoins. When we look at the Bitcoin chart, it started to trade as a popular exchange in the 2021 season and now we are trying to analyze it in the 2024 season. So what I really want to say is that Bitcoin does not have a history of 30 or 40 years. Everyone is analyzing based on the table they see in this short period of time, and everyone is trying to say something on social media according to their own minds. No one thinks in a contrary or negative way.
If we look at bitcoin since 2013, we can see a total of 3 major rallies. What I mean is that everyone thinks that the same things will be repeated in just 3 major rallies or thinks that what has been told in the past will be the same. With such a short-term market, there are many analysts who make their own analysis and comments without having a long and broad-term chart ahead. Bitcoin does not move according to the markets we have seen with the analyses we have made so far. In fact, I can say that almost all markets and the world economy move according to bitcoin's movements. So, when Bitcoin falls, you can think that negative news that will affect the markets in the coming days may emerge. These news may be about the world economy, as in the past, there may be viruses and diseases, or they may be related to wars. In conclusion, in this short period, the picture we have seen is not according to Bitcoin markets, but the markets are moving according to Bitcoin. You will understand this over time. Interest rate cuts by the US or its economy, or financial crises experienced by another country, do not affect Bitcoin, but Bitcoin concerns the economy of the whole world, and the economy of the whole world is currently looking at bitcoin. Many countries continue to make investments or open the way for bitcoin and make progress related to the crypto market.
🟢We are taking note of the reason for history. We will review these posts again, just as we did in the recent past.
#BTC# #ETH# #DOGE# #PEPE# #GT# 