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

Subscribe to Premium Membership to read the rest.

Become a paying subscriber of Premium Membership to get access to this post and other subscriber-only content.

Already a paying subscriber? Sign In

A subscription gets you:
Receive concise, unrivalled informative crypto trading strategy reports (2-4x per week).
In just 10 paragraphs, unraveling the complexities and market structure of crypto and its dynamic landscape.
Insights into the intersection of crypto, regulations, macroeconomic trends, and policy shifts.
Apply to join subscriber ONLY Telegram Group. (Please read our Terms and Conditions and Disclaimer @ www.10xResearch.co))