Ah, the legendary “Prediction Traders” — those fearless financial oracles who somehow always know exactly where Bitcoin is headed… except when it’s soaring past 100k and apparently “too early to call it.” Now, suddenly, the stars have aligned, the tea leaves are readable, and Bitcoin dipping below 65k is apparently their brilliant forecast. Must be exhilarating to cash in on what basically everyone can see coming. Laughing all the way to the bank… if the bank hasn’t already locked the doors from all those missed early calls. Honestly, it’s like showing up to a party after it’s over and proudly announcing you knew it would be fun — pure genius.
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Bitcoin's Price Sinks Further. What to Know. -- Barrons.com
Bitcoin continued to fall, hovering just above the $78,000 mark Sunday afternoon, and continuing a slide that brought it back to levels not seen since President Donald Trump's tariff day last April.The biggest cryptocurrency was at $78,105 as of 1:31 p.m. Eastern time on Sunday, as tracked by CoinDesk.On Saturday, Bitcoin fell nearly 7% to around $77,966, according to Dow Jones Market Data, which tracks the price as of 4 p.m. daily. That was its lowest 4 p.m. level since April 8, 2025, just after Trump announced the so-called reciprocal tariffs on goods from around the world.Saturday's drop was the largest percentage decrease since March 3, 2025, when it dropped 8.92%, Dow Jones Market Data said. Bitcoin's four day slide as of Saturday evening shed 12.69%.Investors have been shedding riskier crypto assets and pushing up the price of haven assets such as gold, though Friday saw sharp declines in precious metals, too.This content was created by Barron's, which is operated by Dow Jones &
Do not blame Warsh. Just blame greed. 1. Open Trade You swagger in like a big shot: “I’ll borrow money and double my gains!” Reality: you’ve just borrowed trouble. 2. Market Moves Against You The market: “Surprise! We’re going the other way.” Your account: starts sweating profusely. 3. Margin Call Broker: “Hey buddy, you got any spare cash? Asking for a friend… me.” You: frantically checking couch cushions for coins. 4. Grace Period (tiny, if any) Broker gives you about as much time as a waiter hovering with the bill. Blink, and it’s gone. 5. Forced Liquidation Broker: “Since you didn’t pay up, I sold your stuff. You’re welcome.” You: “Wait, I liked that stuff!” 6. Residual Debt Sometimes liquidation doesn’t even cover the loan. Broker: “So… you still owe me. Don’t hate the player, h
Warsh Ends "Dollar Devaluation Trade"? Crypto Market Plummets Further Over Weekend, Bitcoin Breaks Below $80,000
The cryptocurrency market faced a fresh wave of selling over the weekend, with Bitcoin breaking below the $80,000 mark to hit its lowest level since April of last year, extending a month-long...