Cryptocurrency

Why Bitcoin is Dumping…



Today let’s talk about more Bitcoin dumping…who is behind the selling?

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0:00 Intro
0:35 Market Overview
1:40 ETF Outflow
3:30 FTX Selloff
6:20 Miner Selloff
9:30 BTC Accumulation
11:40 Bitcoin Technicals
15:10 Cosmos
18:20 Injective
19:40 Q&A

🔴Full Disclaimer: This video and its contents are for informational purposes only and do not constitute an offer to sell or trade, a solicitation to buy, or recommendation for any security, cryptocurrency, or related product, nor does it constitute an offer to provide investment advice or other related services by CryptosRUs. CryptosRus may have a financial investment with the cryptocurrencies discussed in this video. In preparing this video, no individual financial or investment needs of the viewer have been taken into account nor is any financial or investment advice being offered. Any views expressed in this video were prepared based upon the information available at the time such views were written. Changed or additional information could cause such views to change.

21 Comments

  1. My only question….. if BTC sales are NET positive (Grayscale vs the other ETFs) , then why the sell off? …oh we add in miner selling?… it's still a net positive buying action.
    No actual reason is given for the meltdown. Note: I'm a BTC bull….but these "explanations" just bug me.

  2. I would like to see that Not happen? Eh what happened to DCA George (Stay consistent) BTW if $38k gives the "MAX" pain according to most serious analysts is $28,900 for a wick down

  3. Atom do not represent Cosmos its basicaly meme with no use other than liquidity. Its first coin on cosmos but is completly useless and till now was used for staking rewards. Thays why it did not pump its not needed in ecosystem and there is many that can replace it with big utility like inj for example.

  4. Simple, it time for BTC to do it's long term 40 to 50 % retracement. just zoom out the chart. 37,000 (if fails or breaks thru) then the next support is 31,000 and etc. but I hope the support @ 37 holds if it's keeps going down. before rebounding.

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