Panic in the Market – Bitcoin Dips, But Where’s the Bottom?
George from CryptoRUs reacts to Bitcoin’s sharp sell-off, discussing why the market is tanking and where Bitcoin could find support.
1. A Brutal Sell-Off Across All Markets
Key Highlights:
- Bitcoin dropped from $83K to $77K in a day, following heavy losses in stocks and tech.
- Altcoins got wrecked. Solana is near $100, meme coins have retraced to 2024 lows, and many assets are down 15-20%.
- Market panic is spreading from Wall Street to Asia, increasing volatility.
2. Why Bitcoin Crashed – Two Major Factors
Key Highlights:
- China’s Economy is Struggling
Key Highlights:
- Deflation concerns are rising as China’s economy slows, impacting global markets.
- Trump’s Economic Policies Causing Uncertainty
Key Highlights:
- Tariff fears are weighing on stocks.
- Trump’s comments about a possible recession caused more investor panic.
- His statement to “ignore short-term volatility” has markets fearing more pain ahead.
3. Bitcoin’s Key Support Levels – Where Could It Go?
📌 $73.8K–$74K = Major support (2024 high)
📌 Below $73K = Risk of deeper correction into the $60Ks
📌 Low $60Ks = Worst-case scenario – could trigger months of sideways action
4. Should You Panic? No – But Be Prepared
✅ Dips Are Gifts – If You Have Cash
Key Highlights:
- George emphasizes the importance of holding 20-30% in cash to take advantage of opportunities.
- If Bitcoin holds $73K, it could stabilize and recover.
- If it drops into the $60Ks, it could lead to a long period of consolidation before the next leg up.
5. Final Take – The Bounce Will Be Massive
Key Highlights:
- Bitcoin is still above its 2024 high, despite the panic.
- Long-term fundamentals are stronger than ever – Bitcoin adoption is growing globally.
- When the macro environment improves, Bitcoin’s recovery could be the strongest we have ever seen.
🚨 Bottom Line: Short-term pain is real, but Bitcoin’s long-term outlook is as strong as ever. The best strategy? Stay patient, have cash ready, and wait for the right buying opportunities.