Coin Bureau – Why Is Bitcoin CRASHING?! Crypto Market Update!! (20.03.2024 Summary)

Coin Bureau – Why Is Bitcoin CRASHING?! Crypto Market Update!! (20.03.2024 Summary)

It’s crypto crash time, folks! Bitcoin and altcoins are taking a nosedive, leaving everyone scratching their heads. But fear not, Coin Bureau is here to break it down.

  • The initial dip? Just some long traders getting a little too greedy and getting liquidated – a classic tale of crypto overconfidence. But wait, there’s more! It seems the real culprit is a sudden lack of those sweet, sweet passive flows that have been propping up the market like a crypto sugar daddy.

  • But why did the flows stop, you ask? Well, according to Coin Bureau’s macro expert buddies, it’s all part of a cyclical phenomenon that has nothing to do with inflation or interest rates. It’s just the market being the market, y’know?

  • Now, here’s the million-dollar question: When will the flows (and the gains) come back? The answer is a big, fat “¯\_(ツ)_/¯” for the short term, but Coin Bureau’s crystal ball says sometime this summer, those flows will start trickling back in.

  • In the meantime, get ready for a wild ride! Recovery rallies, Fed announcements, and even a potential Bitcoin halving in April could send prices on a rollercoaster ride. But don’t worry, Coin Bureau’s got your back with all the juicy details on when and how high the market could soar.

It’s going to be a bumpy ride, but if Coin Bureau’s predictions are right, we could be looking at new all-time highs and a crypto party like no other by 2025. Just remember, when the music stops, be ready to grab a chair (or in this case, some stable coins)!