Crypto currency The markets experienced significant sales yesterday with the last minute announcement. The court decision on the tariffs and the decision of the corruption of this decision led to an increase in uncertainty. The Altcoins returned to the levels we warned yesterday before the decline gaining acceleration. Oil just moved. What do experts about crypto coins say?
Crypto money drop
As we warned yesterday, in increasing uncertainty environment Crypto Coins He suffered rapid losses. BTC It fell to $ 104,600. We talked about the closing of six $ 10,800 to a great risk, and what triggered the decline was the starting of tariffs in the courts. While the legally applicability of the Trump management was opened for discussion, we may be in a difficult situation at the negotiation table and the government will increase the uncertainty of judicial conflict. That’s how it happened.
OPEC+ Saturday at the meeting to be held on Saturday, more than 411,000 barrels of oil production can discuss the increase in oil text was prepared below $ 61. The decline in oil, concerns of global recession, confusion about tariffs, and Germany inflation, which is over -expectation at the time of preparing the article, makes things difficult for risk markets.
Crypto Money Expert Opinions
Spot Bitcoin $105,926.72 ETF Their entrances returned to negative after a 10 -day positive series. As the tariffs are subject to the case, the tariffs became more important than the subject of the lawsuit. Will the agreements grow? Will the negotiation tables be overthrown by saying these tariffs are unlawful? Will Trump swing more statements and threats in this process? There are so many uncertainty and questions. Uncertainty is something that crypto currencies do not like and seems to continue until July 9th.
Daancrypto discussed the current situation by sharing the following table;
“BTC Spot entrances returned to negative for the first time after a $ 100 million+ input series of 10 days. The point that I mentioned about the big entrances without price progress at the beginning of this week seems to be a good reason to be cautious because the price starts to correct a little here.
This has been a very high value signal for the last 1.5 years since Spot ETFs are alive. Always pay attention to high input / outlets after large up / down movements.
If the price cannot force any more, even though it sees too much flow in this direction, it usually brings a local hill/bottom. ”
Kyle drew attention to the same issue.
“On May 29, the US Spot Bitcoin ETFs were seen 359 million dollars. The party is over. The liquidity just went to the exit !!!!!
Or is it a step back before the next round starts? “
Poppe said he was already waiting for the fall, but he was not as deep as he was scared. It will wait for 106,500 and 107,000 dollars to be taken back to overcome the peaks again.
Responsibility Rejection: The information contained in this article does not contain investment advice. Investors should be aware that crypto currencies carry high volatility and thus risk and carry out their operations in line with their own research.
