Bitcoin plummets below $40,000

[Hanno Labuschagne]

Bitcoin plummets below $40,000

Cryptocurrencies sank Friday, taking Bitcoin to the lowest level in more than five months as risk aversion again swept across global markets.

The largest cryptocurrency dropped as much as 7.4% to $38,261, while second-ranked Ether slid below $3,000. Digital tokens overall have shed some $1 trillion in value since a November peak.

“Bitcoin and the broader crypto market remain subject to the whims of macro variables,” Fundstrat Digital Asset Research strategists Sean Farrell and Will McEvoy wrote in a note.

[Bloomberg]

 

[Herr der Verboten]

/MyBloomberg

 

[Tman543]

Time to sell all non-crypto assets and go all in. Bitcoin on sale for a limited time only.

 

[JayM]

Time to sell all non-crypto assets and go all in. Bitcoin on sale for a limited time only.

Doge is the future. Bitcoin is dead!

 

[Jet-Fighter7700]

Musk not eating Beans and smoking Pot these days?

 

[Heisenborg]

LMAO

View attachment 1230302

Its just on sale, duh

 

[thestaggy]

Best time to buy then, I guess.

 

[Randux]

LMAO

View attachment 1230302

At 7-10 cents jump in

 

[rvZA]

Bitcoin poised for another drop to 33k. Hold on to your horses.

 

[w1z4rd]

Something terrible is happening to Bitcoin.
/Bloomberg.

Every. Single. Time.

 

[rvZA]

Something terrible is happening to Bitcoin.
/Bloomberg.

Every. Single. Time.

Well, it did break the $35k mark this morning. $33k upcoming. If this indeed happens, $28k the next and then $22k. Going to be a fun ride, the dip is not yet in sight.

 

[L-Dog]

Well, it did break the $35k mark this morning. $33k upcoming. If this indeed happens, $28k the next and then $22k. Going to be a fun ride, the dip is not yet in sight.

If it hits 22K which I doubt I will deploy all my cash reserves

 

[rvZA]

If it hits 22K which I doubt I will deploy all my cash reserves

That is just a projection. Never thought we would see the $30k mark either. But, here we are. Next downward target is $33k. If it does cross this, then the $20k's are inevitable.

 

[rvZA]

Okay, Bitcoin dipped below $34k. Now well set for $28k in the next few days.

 

[Sensorei]

It's going to zero. If anyone wants out please sell me your crypto. Will pay EFT, hard cash, whatever.

I don't trust sending my money to Luno anymore and need KYC verification approved still on VALR.

 

[rvZA]

It's going to zero. If anyone wants out please sell me your crypto. Will pay EFT, hard cash, whatever.

I don't trust sending my money to Luno anymore and need KYC verification approved still on VALR.

@R650500?

 

[Sensorei]

@R65500?

PM'd

 

[Herr der Verboten]

Something terrible is happening to Bitcoin.
/Bloomberg.

Every. Single. Time.

Imagine copying and pasting Bloomberg for money.

 

[w1z4rd]

https://www.reddit.com/r/cryptocurrencymemes/comments/sa063v

 

[Totempole]

It's going to zero. If anyone wants out please sell me your crypto. Will pay EFT, hard cash, whatever.

I don't trust sending my money to Luno anymore and need KYC verification approved still on VALR.

What's wrong with Luno? Been on the outside for a while now, but had no issues with Luno when I did make use of them.