Crypto News

🔷🔶 Bitcoin price fell to nearly $80,000 and created a "death cross" in the context of the stock market also plummeting, similar to the decline caused by the COVID-19 pandemic in 2020. Data made the US weaker than expected, making investors worried about the Fed's monetary policy. The S&P 500 stock market fell more than 4% on the day and the possibility of a Fed rate cut in the month to the market was appreciated. Bitcoin failed to maintain its growth in early April after the US announced payment tariffs. Technical analysis shows that Bitcoin's downtrend could last from 3 to 6 months.

It's essential to keep an eye on market sentiment and manage risk effectively during such volatile periods. Focus on strategic timing and ensure stop-losses are in place to safeguard investments.

Stay informed, adjust your strategies, and remember to manage your risks during market downturns. Keeping a close eye on market sentiment and chart patterns can help you navigate the volatility ahead. Trading responsibly is key for long-term success. 📉💡

Stay informed, adjust your strategy accordingly, and remember to manage risk effectively in these volatile times. Learning to read market signals and anticipate trends is key. 💡📈