Bitcoin rout worsens

[Hanno Labuschagne]

Bitcoin rout worsens

A week-long rout in Bitcoin deepened amid the recent broader retreat from risky assets in the wake of US President Donald Trump’s tariff threats and crypto sector turmoil, marking a dramatic reality check for one of the most popular Trump trades.

The original cryptocurrency tumbled as much as 7.2% to $78,226 (R1.46 million) at one point Friday, bringing its decline from the all-time high reached less than six weeks ago to 28%.

[Bloomberg]

 

[FlashSA]

HODL

 

[SauRoNZA]

Bitcoin rout worsens


The original cryptocurrency tumbled as much as 7.2% to $78,226 (R1.46 million) at one point Friday, bringing its decline from the all-time high reached less than six weeks ago to 28%.

[Bloomberg]

Erm how can it tumble by 1.46 million…when its highest price was R1.9 million.

Someone has severely cocked up their math.

There’s one zero too many somewhere.

 

[Scooby_Doo]

Erm how can it tumble by 1.46 million…when its highest price was R1.9 million.

Someone has severely cocked up their math.

There’s one zero too many somewhere.

Tumbled "to" not "by".

 

[SauRoNZA]

Tumbled "to" not "by".

Yeah that makes more sense.

Question is did Bloomberg cock it up at the source of MyBB when re-writing it?

****

Aaah the article is right, it’s the forum summary that is re-worded and broken for some bizarre reason.

AI fail?

I swear that was updated. Maybe I’m just blind.

 

[Swa]

Waiting for another 20% drop.

 

[kolaval]

Waiting for another 20% drop.

Then buy?

 

[Swa]

Then buy?

Yes but not Bitcoin, alts.

 

[L-Dog]

Trump announced plans for Crypto reserve. First ADA, XRP and SOl. Then added BTC and ETH.

To much bullish news ahead

https://twitter.com/x/status/1896239801789223419

 

[HAL 9000]

CNBC's Jim 'Inverse' Kramer calls it once again...

On Jan 27, Jim Cramer said: "You should own Bitcoin, Bitcoin is a great thing to have in your portfolio."

It is down 20% since.

https://twitter.com/x/status/1896244360108503314

 

[Swa]

Market manipulation at its best.

 

[NarrowBandFtw]

aaaaand we're at $93k this morning

 

[zerocool2009]

Xrp was 26% in the red last week. Its now 20% up again!

 

[Willie Trombone]

where is this 'rout' - I'm not seeing it

 

[supersunbird]

There, but it's recovered. So a short lived rout I guess.

 

[Snyper564]

There, but it's recovered. So a short lived rout I guess.

View attachment 1800864

its still "news"

 

[Smiggles]

where is this 'rout' - I'm not seeing it

View attachment 1800854


View attachment 1800855

Welcome to bitcoin...

 

[Willie Trombone]

There, but it's recovered. So a short lived rout I guess.

View attachment 1800864

24-28 Feb. This article is dated 1 Mar - right on/just before the latest peak.
Though to be fair... poor guy who has to write an article about a BTC trend lol

 

[Swa]

There, but it's recovered. So a short lived rout I guess.

View attachment 1800864

Or a short lived "recovery"

 

[FlashSA]

Back to $85 000 before we break over $100k again......