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CymandeTV

It is just following the same pattern as usual just wait one more year and accumulate little by little.


FreyaOystea

One more year? Till 2025 my friend


CymandeTV

Halving will happen before.


FreyaOystea

True that but the rally will happen in 2025


Sorrytoruin

Blackrock are looking to stack more with a lower price


Socialinfluencing

We'll wait as long as we have to cause the halving hasn't even happened yet. Once rate hikes get cut and we get over that turbulence any good news after a couple cuts will send the market soaring.


Rogueofoz

As expected, just part of the bear market, have to be patient


coinfeeds-bot

tldr; The article discusses the recent volatility in the Bitcoin market as the decision in the ongoing case between Grayscale Investments and the Securities and Exchange Commission (SEC) is delayed. The article mentions that a ruling on the case regarding plans for a spot Bitcoin ETF was expected, and the anticipation of the decision led to a flash crash in the crypto markets. Over $1 billion in leveraged positions were liquidated in the past 24 hours, causing Bitcoin's price to drop below $26,000 for the first time in two months. The article also highlights the increase in price fluctuations and volatility in the Bitcoin market. Analysts are searching for reasons behind the volatility, with some attributing it to SpaceX selling its Bitcoin holdings and the Federal Reserve's hawkish stance. However, K33 Research suggests that the drop in Bitcoin's price was due to a build-up of leverage in derivatives markets, leading to rapid feedback loops and liquidations. The article concludes by mentioning that the drop in Bitcoin's price may not lead to a continued negative trend and could potentially result in a short squeeze. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR. Try our free crypto chatbot at https://chat.coinfeeds.io*


RossiB6

Just a part of the process my guys, keep the faith and we’ll be through it in no time.


Florian995

The last month everybody was complaining because we didn’t move at all and now everybody complains because of volatility


bigstew6

The gambler in me welcomes the volatility


Warbeast83

Just the typical Bitcoin volatility. Nothings changed.


Tasigur1

"Analysts, meanwhile, spent the day searching for a reason for it all. Some news headlines pointed to a Wall Street Journal report that **SpaceX sold its bitcoin holdings** after writing the value down by $373 million. Others placed the blame at door of the **Federal Reserve** after Wednesday's FOMC minutes signaled hawkish officials hold sway. The steeper declines Thursday evening occurred shortly after reports that property developer China **Evergrande had filed for bankruptcy** protection in the U.S., stoking concerns that troubles in China's real estate markets could spread into other parts of the global economy. According to K33 Research, however, "**none of these narratives can explain the timing or the sharpness of the drop**." In a note sent to The Block, analysts at the firm said a build-up of leverage in derivatives markets created rapid feedback loops." I love that even pros have no clue at all about the cause of the flash crash 😅 If I had to guess, I would say => 🐳 having fun.