While stocks, bonds, and forex were all closed, crypto ate the full geopolitical shock alone. $250M liquidated in hours.
Think about that. Every other asset class had circuit breakers, closed markets, and time to digest. BTC was the only thing trading and it absorbed the entire global panic by itself.
Last week we had $507M in ETF inflows, BTC bouncing to $68k, sentiment recovering from 5 to 11. One airstrike and we're back to $63k.
This is the double-edged sword of 24/7 markets. You get liquidity when no one else does — but you also get hit first.
Monday is going to be wild when traditional markets open. If stocks tank, BTC probably goes lower. If stocks shrug it off, this was the dip.
Not panicking. Just watching the data. DYOR.
US-Israel just bombed Iran. BTC dropped 4% to $63k. Crypto was the only market open. Here's why that matters.
byu/bytewitco inBitcoin
Posted by bytewitco
10 Comments
This is good for Bitcoin.
1 BTC = 1 BTC
Nothing happened.
So what you’re really saying is, it doesn’t matter, no?!
Call me crazy but I don’t understand why markets sell off with bad news. Like what’s the point of selling if things are just going to bounce back. Is it algos mostly? I guess it’s just a chain reaction.
Pretty sure there’s still enough global panic left for the rest of the asset classes.
They did it right when the weekend started ffs
A 4% drop is nothing for bitcoin given the context. Support is strong
I dont think us will go down, prob just sideways
buy the dip
Caveat – it’s a terrible thing happening like always in the world. Which is why I don’t watch the news, I didn’t even know until I opened Reddit.
DCA isn’t just an investment strategy – it helps to just filter everything out. We know where BTC is going. We know there will always be terrible things happening in the world. Block it out. Get outside. DCA