In a staggering matter of minutes, Bitcoin crashes down to $45K. A scary occurrence, but as Tom explains in today's video, a 2nd leg of this bullrun was expected. There's a lot of uncertainty going around right now, but Tom hopes to shed some light on the potential causes for this crypto crash and what can be expected in the coming months. We’ll cover the latest crypto news and happenings from around the world and tell you whether or not you should be fearful in the near future. Will we see another cryptocurrency crash soon or is it all sunshine and rainbows from here? What We Discuss:
0:00 Intro
0:38 The Crash Heard Around the World
1:58 Adoption Day for El Salvador
3:21 Fear & Greed
6:04 Bitcoin Technical Analysis
8:31 Ethereum Technical Analysis 10:08 XRP Technical Analysis
11:15 Volatility Sources ➡️ Join our VIP Coin Coin Calls Group to Follow Our EXACT Trades! ➡️ https://www.patreon.com/cryptobusy ➡️ Deposit 50 EUROS and Get up to $100 FREE of Bitcoin on SWISSBORG ➡️ join.swissborg.com/r/cbycapKOQH ➡️ Take our Pro Trader Course (Use Code 'CRYPTOBUSY' for $100 off) ➡️ https://cryptobusy-academy.teachable.com/p/pro-trader-course ➡️ Bybit for trading (Up to $620 FREE) (with this link) ➡️ https://partner.bybit.com/b/CryptoBusy ➡️ 50% DEPOSIT BONUS on PRIME XBT to Trade Traditional Markets USING CODE 'CryptoBusy' ON OUR LINK! ➡️ https://u.primexbt.com/CryptoBusy ➡️ Get 10% OFF ALL TOKEN METRICS PLANS NOW USING OUR LINK ➡️ https://tokenmetrics.com/?ref=cryptobusy Connect With Us! ↙️
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SOURCES
https://cointelegraph.com/news/bitcoin-price-plunges-below-43k-in-minutes-in-crypto-market-rout
https://www.bbc.co.uk/news/technology-58473260
https://alternative.me/crypto/fear-and-greed-index/
https://cointelegraph.com/news/thai-sec-intends-to-revoke-operating-license-of-huobi-crypto-exchange
https://cointelegraph.com/news/september-7-is-bitcoin-day-in-el-salvador-as-btc-becomes-legal-tender
https://www.independent.co.uk/voices/bitcoin-el-savador-crypto-crash-b1915592.html
https://www.cnbc.com/2021/09/07/bitcoin-retreats-from-the-highest-level-since-may-as-el-salvador-adopts-it-as-legal-tender.html
Please remember and understand that all of these videos are strictly opinion pieces. Everyone has different opinions and approaches to the market and we always advocate for doing your own research. This is NOT financial advice, all decisions you make, whether based off this video or not are at your OWN risk.
