Bitcoin’s Sudden Crash: What’s Really Going On?

Institutional Crypto Research Written by Experts

Author

Markus Thielen
September 06, 2024

👇1-11) Bitcoin is experiencing a downturn, but this is neither unexpected nor unfounded, as the signs were evident in the data. This week is a prime example of how crucial it has become to understand and strategically position oneself around macroeconomic data events in the Bitcoin market.

👇2-11) Not only does macroeconomic data signal a potential correction for Bitcoin, positioning, market flows, and on-chain data, but it also provides insights into when Bitcoin might become attractively priced again—or when it is the right time to rebuy Bitcoin.

Bitcoin breaking July support

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