๐จ $BTC Enters Fastest Bear Market Ever โ But a Big Reversal Could Be Next! ๐
Bitcoin just crashed into its fastest bear market on record: ๐ฅ Price dropped to $80,600 ๐ฅ Over $1B in futures liquidated ๐ฅ Crypto market cap down 33% ๐ฅ ETFs bleeding, BlackRock ETF on track for record outflows $BTC โBut hereโs the twistโฆ ๐ The National Financial Conditions Index (NFCI) is falling โ and historically, that triggers BTC rallies within 4โ6 weeks. December could bring a liquidity boost, similar to 2019โs โnot-QEโ event that sparked a 40% BTC rally.โโ Key Takeaway: This brutal sell-off may actually be setting up the next big bullish move. History favors patient traders.
๐ Watch closely โ BTC could spike sharply by late December to early January!
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๐จ $BTC Enters Fastest Bear Market Ever โ But a Big Reversal Could Be Next! ๐
Bitcoin just crashed into its fastest bear market on record:
๐ฅ Price dropped to $80,600
๐ฅ Over $1B in futures liquidated
๐ฅ Crypto market cap down 33%
๐ฅ ETFs bleeding, BlackRock ETF on track for record outflows
$BTC โBut hereโs the twistโฆ ๐
The National Financial Conditions Index (NFCI) is falling โ and historically, that triggers BTC rallies within 4โ6 weeks. December could bring a liquidity boost, similar to 2019โs โnot-QEโ event that sparked a 40% BTC rally.โโ Key Takeaway: This brutal sell-off may actually be setting up the next big bullish move. History favors patient traders.
๐ Watch closely โ BTC could spike sharply by late December to early January!
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