crypto

Yesterday's crash had a surprise element similar to the "Blackswain" Panic 1987 & Covid 2020 scenario

+ Black Monday (19/10/1987):

The cause came from the application of the automatic trading system -> Making the speed and volume of transactions increase too high.

=> Creating a chain effect when many sell orders were activated at the same time => US stocks crashed 22% in 1 day (1 week before that, SP500 had adjusted more than 10%)

+ Covid Panic (Q3/2020):

Before being announced as a global representative on March 12, SP500 also had a "dump rhythm 1 week before" with an amplitude of more than 12%.

 => At its peak, BTC crashed more than 40% in 1 day + SP500 total amplitude decreased >35% 

+ Current market: 

SP500 also reacted to decrease more than 10% before + BTC decreased >30% in 2 weeks + VIX index increased from 15 -> 65 (the last time was Covid Panic 2020)

✅  Founder chanel /crypto-trading 
✅  Crypto the BASE, ZORA, DEGEN, MOXIE, MASKS

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