Bitcoin Breaks 20K

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Bitcoin Down by 72%

Bitcoin is trading below $20,000 the lowest level since December 2020. From its all-time high level of 69K, BTC is down by 72%. Many altcoins are down by 90% [{ "selector": ".rdcwg-a", "duration": "500ms", "fill": "forwards", "delay": "1000ms", "keyframes": [ {"offset": 0, "transform": "translateX(-335px)", "opacity": 1}, {"offset": 1, "transform": "translateX(0)", "opacity": 1} ] }, { "selector": ".bwpgb-a", "duration": "500ms", "fill": "forwards", "delay": "1000ms", "keyframes": [ {"offset": 0, "opacity": 0}, {"offset": 1, "opacity": 1} ] }, { "selector": ".acfwf-a", "duration": "500ms", "fill": "forwards", "delay": "750ms", "keyframes": [ {"offset": 0, "opacity": 0}, {"offset": 1, "opacity": 1} ] }]

Inflation, War & Interest Rates

Inflation, Russia-Ukrain War and Rising interest rates are the main reasons behind the global sell-off in equity and Crypto Market [{ "selector": ".aizro-a", "duration": "500ms", "fill": "forwards", "delay": "1000ms", "keyframes": [ {"offset": 0, "transform": "translateX(-335px)", "opacity": 1}, {"offset": 1, "transform": "translateX(0)", "opacity": 1} ] }, { "selector": ".pfrtm-a", "duration": "500ms", "fill": "forwards", "delay": "1000ms", "keyframes": [ {"offset": 0, "opacity": 0}, {"offset": 1, "opacity": 1} ] }, { "selector": ".nsqjm-a", "duration": "500ms", "fill": "forwards", "delay": "750ms", "keyframes": [ {"offset": 0, "opacity": 0}, {"offset": 1, "opacity": 1} ] }]

Breaking of $30000 Level

"$30000 Level Mark was the most important support for $BTC. After breaking this level Bitcoin entered into bear market territory " [{ "selector": ".mnkdd-a", "duration": "500ms", "fill": "forwards", "delay": "1000ms", "keyframes": [ {"offset": 0, "transform": "translateX(-335px)", "opacity": 1}, {"offset": 1, "transform": "translateX(0)", "opacity": 1} ] }, { "selector": ".orepp-a", "duration": "500ms", "fill": "forwards", "delay": "1000ms", "keyframes": [ {"offset": 0, "opacity": 0}, {"offset": 1, "opacity": 1} ] }, { "selector": ".fkkjq-a", "duration": "500ms", "fill": "forwards", "delay": "750ms", "keyframes": [ {"offset": 0, "opacity": 0}, {"offset": 1, "opacity": 1} ] }]

$18000 is the Next Support

"After Breaking 20K Mark, Bitcoin can take short-term support near $18-19K Zone. This is the level where $BTC made high in 2018" [{ "selector": ".qxiaz-a", "duration": "500ms", "fill": "forwards", "delay": "1000ms", "keyframes": [ {"offset": 0, "transform": "translateX(-335px)", "opacity": 1}, {"offset": 1, "transform": "translateX(0)", "opacity": 1} ] }, { "selector": ".lsdxi-a", "duration": "500ms", "fill": "forwards", "delay": "1000ms", "keyframes": [ {"offset": 0, "opacity": 0}, {"offset": 1, "opacity": 1} ] }, { "selector": ".rpntt-a", "duration": "500ms", "fill": "forwards", "delay": "750ms", "keyframes": [ {"offset": 0, "opacity": 0}, {"offset": 1, "opacity": 1} ] }, { "selector": ".unana-a", "duration": "500ms", "fill": "forwards", "delay": "750ms", "keyframes": [ {"offset": 0, "opacity": 0}, {"offset": 1, "opacity": 1} ] }]

$12000 Can be the Bottom

If $BTC breaks 18K Level, the next support will be in the area of 12-13K and as per many experts, this can be the final bottom. [{ "selector": ".jjotp-a", "duration": "500ms", "fill": "forwards", "delay": "1000ms", "keyframes": [ {"offset": 0, "transform": "translateX(-335px)", "opacity": 1}, {"offset": 1, "transform": "translateX(0)", "opacity": 1} ] }, { "selector": ".zzoed-a", "duration": "500ms", "fill": "forwards", "delay": "1000ms", "keyframes": [ {"offset": 0, "opacity": 0}, {"offset": 1, "opacity": 1} ] }, { "selector": ".gdtlx-a", "duration": "500ms", "fill": "forwards", "delay": "750ms", "keyframes": [ {"offset": 0, "opacity": 0}, {"offset": 1, "opacity": 1} ] }]

How to Make Money in Bear Market

In the Bear market, you make money by shorting #Cryptocurrencies. Most of the Crypto exchange allows you to short $BTC. This can be an hedge against your current holdings. [{ "selector": ".quqdq-a", "duration": "500ms", "fill": "forwards", "delay": "1000ms", "keyframes": [ {"offset": 0, "transform": "translateX(-335px)", "opacity": 1}, {"offset": 1, "transform": "translateX(0)", "opacity": 1} ] }, { "selector": ".okobz-a", "duration": "500ms", "fill": "forwards", "delay": "1000ms", "keyframes": [ {"offset": 0, "opacity": 0}, {"offset": 1, "opacity": 1} ] }, { "selector": ".renzj-a", "duration": "500ms", "fill": "forwards", "delay": "750ms", "keyframes": [ {"offset": 0, "opacity": 0}, {"offset": 1, "opacity": 1} ] }]

When $BTC will recover

The trend for #Crypto market is negative and its a sell on rise market. We may see short term rallies of 20-30% but it will take a long time for full recovery [{ "selector": ".ziqof-a", "duration": "500ms", "fill": "forwards", "delay": "1000ms", "keyframes": [ {"offset": 0, "transform": "translateX(-335px)", "opacity": 1}, {"offset": 1, "transform": "translateX(0)", "opacity": 1} ] }, { "selector": ".gnsww-a", "duration": "500ms", "fill": "forwards", "delay": "1000ms", "keyframes": [ {"offset": 0, "opacity": 0}, {"offset": 1, "opacity": 1} ] }, { "selector": ".bslpz-a", "duration": "500ms", "fill": "forwards", "delay": "750ms", "keyframes": [ {"offset": 0, "opacity": 0}, {"offset": 1, "opacity": 1} ] }]

Bitcoin Breaks 20K

What Could be the Next Support

Bitcoin Down by 72%

Inflation, War & Interest Rates

Breaking of $30000 Level

CryptoMangal

$18000 is the Next Support

$18000-19000 Zone

CryptoMangal

$12000 Can be the Bottom

CryptoMangal

How to Make Money in Bear Market

When $BTC will recover

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