meknazee on Nostr: Bitcoin tanks first in times of crises because its liquid, global, and traded 24/7. ...
Bitcoin tanks first in times of crises because its liquid, global, and traded 24/7. Other markets follow. In times of crises, fear and doubt, traders and speculators sell what they can, not what they want.
Market just opened this morning. Take a look:
NVDA -7%
META -5%
AMZN -4%
S&P500 -6%
Dow Jones -5.5%
MSFT -3.5%
US Oil -2.3%
JP Morgan -7.5%
Bank of America -7.8%
Nothing changed in bitcoin fundamentals, it’s just moving from soft hands to stronger hands, from short term holders to long term holders, from bears to bulls.
Bulls aren’t willing to sell at cheap prices because they studied and understand the value of what they hold. If you want to buy from a bull, you need to bid up the price. That’s what drives market price up high. When the price is dropping, it just means bears are getting scared out and worn out.
Bitcoin is a living being, it wants to be held by the strongest hands so that it can grow in value. To do so, it will shake up all of the soft hands before going up to the next level.
Published at
2025-04-07 13:40:09Event JSON
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"content": "Bitcoin tanks first in times of crises because its liquid, global, and traded 24/7. Other markets follow. In times of crises, fear and doubt, traders and speculators sell what they can, not what they want. \n\nMarket just opened this morning. Take a look: \nNVDA -7%\nMETA -5%\nAMZN -4%\nS\u0026P500 -6%\nDow Jones -5.5%\nMSFT -3.5%\nUS Oil -2.3%\nJP Morgan -7.5%\nBank of America -7.8%\n\nNothing changed in bitcoin fundamentals, it’s just moving from soft hands to stronger hands, from short term holders to long term holders, from bears to bulls. \n\nBulls aren’t willing to sell at cheap prices because they studied and understand the value of what they hold. If you want to buy from a bull, you need to bid up the price. That’s what drives market price up high. When the price is dropping, it just means bears are getting scared out and worn out. \n\nBitcoin is a living being, it wants to be held by the strongest hands so that it can grow in value. To do so, it will shake up all of the soft hands before going up to the next level. ",
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