This Caused A MASSIVE Bitcoin Sell Off

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  • Опубликовано: 8 июл 2024
  • In this video, George talks about the 3 main reasons Bitcoin has dropped below $60,000...
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    0:00 Fear And Greed
    0:33 Mt Gox
    3:07 Germany Selling
    7:27 Long Liquidations
    🔴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.

Комментарии • 106

  • @Tomhuffman405
    @Tomhuffman405 3 дня назад +16

    From $37K to $45K that's the minimum range of profit return every week I thinks it's not a bad one for me, now I have enough to pay bills and take care of my family.

    • @BryanWright90
      @BryanWright90 3 дня назад

      Could you please explain how beginners like me can start making this much 😢

    • @BenjaminBatista-xz1fl
      @BenjaminBatista-xz1fl 3 дня назад

      Last week, I tried trading on my own and ended up losing $3K

    • @Tomhuffman405
      @Tomhuffman405 3 дня назад

      I have Alex Robert to thank

    • @Tomhuffman405
      @Tomhuffman405 3 дня назад

      He is a licensed broker and a FINRA AGENT here in the States.

    • @ColinRGroth
      @ColinRGroth 3 дня назад

      Yes!!! That's exactly his name (Alex Robert) so many people have recommended highly about him and am I just starting with him from Brisbane Australia 🇦🇺

  • @heliumhubcryptocollective9337
    @heliumhubcryptocollective9337 3 дня назад +9

    this is the time blackrock and other etf investors are filling their bags.

  • @wirfweg
    @wirfweg 3 дня назад +88

    Back in 2022 when btc was at its cycle low, people where saying btc is done for it's going below $15k US it's going to zero. Well it's down 10% from mid March ath 2024 and now everyone is shitting themselves. That doesn't make any logical sense especially for crypto.Its just a shake out phase, chill people go zoom out at old charts. We are at around 1.4 trillion market cap and only growing, just wait and see the price next year in March it will double....I've been engaged in active trading and managed to grow a nest egg of around 2.3Bitcoin to a decent 24Bitcoin....I'm especially grateful to Francine Duguay, whose deep expertise and traditional trading acumen have been invaluable in this challenging, ever-evolving financial landscape.

    • @wirfweg
      @wirfweg 3 дня назад

      Francine Duguay program is widely available online.

    • @ZopiDomul
      @ZopiDomul 3 дня назад

      I appreciate the professionalism and dedication of the team behind Francine’s trade signal service.

    • @Jmans2003
      @Jmans2003 3 дня назад

      Trading with an expert is the best strategy for beginners and busy investor s who have little or no time to monitor their trades.

    • @bluejeremydragon
      @bluejeremydragon 3 дня назад

      The key to financial stability is having the right investment suggestions for a diverse portfolio. Many investment failures and losses happen when you invest without proper guidance.

    • @efrinajolie
      @efrinajolie 3 дня назад

      It was quite challenging to understand the different trends on my own until i found out about Duguay. Trading made easy.

  • @davidking3047
    @davidking3047 3 дня назад +10

    What happen to all the demand, now there maybe supply and all of a sudden the demand goes away? I don't get it! Has BTC changed, fundamentally? Is BTC going away? Whatever!

    • @wb3904
      @wb3904 3 дня назад

      The demand is still there but it's not all roaring to go. It takes some time to absorb these quantities of bitcoin. Also whale games at the moment. When everyone that wants to sell has sold it's going up again.... this selling is FUD and panic.

  • @JonasVloggar
    @JonasVloggar 3 дня назад +4

    I am buying loads of crypto now. Such a deal really, just like in the 2020 dip

    • @moregoldmoregold
      @moregoldmoregold 3 дня назад

      Hope so. But are they going to let that happen

  • @graycresswell-xi6gk
    @graycresswell-xi6gk 3 дня назад +12

    I just have to applaud your content man, well done. at least from $12k to $85k plus profit weekly and it was incredibly insightful, Can't stress enough how helpful experts in this field are!

    • @Murphy912
      @Murphy912 3 дня назад +4

      The decline in my crypto portfolio recently has been very disheartening. Holding it doesn't really do much good. Do you have any ideas on how you can earn better in the short or long term?

    • @clarkedave629
      @clarkedave629 3 дня назад

      It's important to have a well-thought-out strategy and not make impulsive moves based on short-term market fluctuations. Patience and a long-term perspective are key. You should consider a market expert to guide you.

    • @hansbelphegor494
      @hansbelphegor494 3 дня назад

      Yeah, can't happen soon enough for me. I jumped all in back at the all time high in 2021 with everything I had. Tired of being in the red and moving sideways. I have faith, I'm hanging in for the long run, but for middle class family man, I need to take a little profit to help my family.

    • @YouTubeExplore77
      @YouTubeExplore77 3 дня назад

      To obtain financial freedom, one must either be a business owner, an investor or both, generating passive income, particularly on a weekly and monthly basis .that's the key to living a financially stable life. I pray that anyone who reads this will be successful in life...

    • @Frapolli336
      @Frapolli336 3 дня назад +1

      The truth is, with this recent economy everyone needs more than their salary to be financially stable. The best thing to do with your money
      is to invest it rightly because money left for savings always ends up used with no returns...

  • @cchayashi3219
    @cchayashi3219 3 дня назад +10

    Time to be greedy by accumulating all great coins

  • @user-ny2bx8ez1c
    @user-ny2bx8ez1c 3 дня назад

    It's not a time to sell. It's a time to BUY !!!

  • @micwell2247
    @micwell2247 3 дня назад +2

    Panic would be to buy at a gobblin rate

  • @moregoldmoregold
    @moregoldmoregold 3 дня назад +1

    All the newbies got wiped out.

  • @cabochris100
    @cabochris100 3 дня назад +1

    Massive OTC buying and UTC dumping!😮😮😮

  • @KL-nj9oe
    @KL-nj9oe 3 дня назад +1

    Leveraged longs getting liquidated!

  • @evaluatorhvac4400
    @evaluatorhvac4400 3 дня назад

    They just learned how sonic the hedgehog drops his rings and you got a head head for the thickest cluster 😂

  • @mxisland7015
    @mxisland7015 3 дня назад +2

    Bots are slacking today.

  • @daleferguson1233
    @daleferguson1233 3 дня назад

    😮time to buy😮

  • @user-ny2bx8ez1c
    @user-ny2bx8ez1c 3 дня назад

    What does Germany do right?

  • @cabochris100
    @cabochris100 3 дня назад +1

    This is not organic😢

  • @cabochris100
    @cabochris100 3 дня назад +1

    Manipulation!😢😢😢😢😮😮

  • @lzvideo
    @lzvideo 3 дня назад

    I sold a big portion of mine. If this is how the German government behaves, and they still have a lot, I'd rather wait until they sell most if not all of it before I buy any more btc

  • @moregoldmoregold
    @moregoldmoregold 3 дня назад +1

    Another dump coming?

  • @ronwest7930
    @ronwest7930 3 дня назад

    Why sell at a loss, just hodl and wait. Many weak paper hands out there. Whales and ETFs buy it up when you sell.

  • @cabochris100
    @cabochris100 3 дня назад +1

    But just recently, you said BTC would double in 3 weeks. Turns out in 3 weeks BTC dumped 😮 Now you say not to panic?😅

    • @cryptoqueen7055
      @cryptoqueen7055 3 дня назад

      They all have no clue what the market will be

  • @RawTakes
    @RawTakes 3 дня назад

    been waiting for a crash to get back in. Happens at least 5x a year 😂

  • @cabochris100
    @cabochris100 3 дня назад

    BTC price goes down because of the way it's being bought and sold. How does Germany selling, dump decentralized limited BTC? One would think all the sold BTC would be scarffed up😮😮😮😮

  • @jig-q1b
    @jig-q1b 3 дня назад +19

    I respect your work mate. TA is good but I find it truly baffling that all major crypto youtubers just look at pure T.A and completely Ignore the bigger narrative of why BTC Is dumping and why the future outlook might not be as rosy as it seems. It's kinda irresponsible to ignore the fact that each ETF launch so far has caused a major dump at the peaks of BTC.. We were already on shaky footing with historically low volume and almost pure whale dumps, narrowly avoiding a long-term bear market. more emphasis should be put into day trading as It is less affected by the unpredictable nature of the Market.. I have made over 8btc from day trading with Wayne Jones, insights and signals in less than two weeks, this is one of the Best medium to backup your assets incase it goes bearish

    • @farscape88888
      @farscape88888 3 дня назад

      Very informative. How do I reach your Mentor?

    • @jig-q1b
      @jig-q1b 3 дня назад

      He mostly interacts on Telegrams, using the user-name.

    • @berrizblattel
      @berrizblattel 3 дня назад

      @Jone3001

    • @eikedeus
      @eikedeus 3 дня назад

      This is the kind of information we don't get from
      RUclipsrs..l will contact hIM right now.. thanks for
      recommendation

  • @paulandrew9369
    @paulandrew9369 3 дня назад +1

    Lmao this guy is never right lololololl.... ask your bosses why this is happening lmao