Bitcoin's 15% drop from a record high raises concerns of a manipulated market crash, urging caution against impulsive investment

in blockchain •  6 days ago 

https://cointelegraph.com/news/bitcoin-analyst-warns-huge-dump-amid-recovering-stablecoin-dominance
Screenshot_20241228-180531_Brave.jpg

Bitcoin has plummeted 15% after reaching a record high, potentially signaling further drops due to increased Tether dominance.

Analysts warn of a possible "huge dump" orchestrated by large investors, luring in smaller traders before a sharp price fall.

Exercise extreme caution and avoid impulsive buying, as short-term gains may be deceptive traps designed to maximize losses for less informed investors.

Screenshot_20211106-080453_DesignEvo.jpg

Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!
Sort Order:  

Upvoted! Thank you for supporting witness @jswit.