Bitcoin recovered from the biggest United States Bank collapse and financial crisis since 2008, in just 3 days like it was nothing the best part is that Bitcoin even surpassed the level it dropped from by $2k or more and it is not looking like it is going to stop there, Bitcoin has become a necessary financial shock to the old traditional financial system, it has taken over and in a grand style, I must say which is a big flex for Bitcoin, A few days ago when Bitcoin dump hard due to the news about Silicon Valley Bank collapse which is the largest bank closure since the financial crisis of 2008 and many people did not react well to that news.
So a lot of people panic sold which made Bitcoin dip and went below $20k and at that point some people were happy and calling for lows below $18k and $10k but Bitcoin surprised them and everyone with the huge pump back above $20k and it is currently trading at $24k and still pumping although it has had a minor rejection or dip since the recent Bitcoin pump, this Silicon Valley Bank collapse news first affected the Bitcoin market negatively before this recent pump which blew through a lot of short position stop losses, including your truly me.
Two of my stop losses were hit hard and fast but I was able to close out the other two short positions in time with a minor loss but am not so sad about the loss, because I understand that losing something is part of the crypto game, so also is winning part of the crypto game but it is always advisable that your winning trades are way more than your losing trades, if not you will not be making any money or profit at all from the crypto market.
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Before I report you, Can you please decrease the number of posts per day? sharing 1-2 posts is okay but you are sharing 3 to 4 posts per day to farm leo voter upvotes...
I share 1 or 2 posts per day, I guess our time zones are different so that is that, if you check well you would notice that.