$BTC
🔞 This week in for the HISTORY books 🧐😱
Assets broke down, one day at a time
Monday 👀
The Russell 2000 fell sharply after hitting new highs of 2838. Small cap stocks usually fall first when risk starts leaving the market
Tuesday 👀
The Dollar Index (DXY) dropped to a multi year low. This happened after Trump said he was not worried about a weaker dollar and rumors of yen intervention began to spread
Wednesday 👀
The S&P 500 sold off. Markets reacted after U.S. officials denied any intervention plans, removing a key support traders were expecting
Thursday 👀
The Nasdaq dumped next. Tech stocks finally caught up as selling pressure increased
Friday 👀
Gold and silver crashed. This was caused by heavy liquidations and margin pressure, not a sudden drop in physical demand
Saturday 👀
Bitcoin and Ethereum sold off. Once selling started in liquid markets, crypto followed. High leverage made the move worse
This wasn’t random 👀
It was a chain reaction: small caps → dollar → equities → metals → crypto
🚸 Warning 🚸 I do not provide financial advice 🔞The intent of this content is for you to be aware of market conditions before starting to invest 👌Thank you for reading 👌