Yello, ParadiseClub Members! 😎 Witnessing some unsettling Bitcoin market moves? Let’s put these Bitcoin recent losses into perspective:
💎In the last 30 days, the Bitcoin market has realized losses totaling $403 million. This figure might ring some alarm bells as it’s on par with the losses we saw during the early COVID market crash. However, before you think the sky is falling, consider this: these losses are significantly smaller than those we experienced after China’s mining ban—those were 3.3 times higher. And compared to the Luna ecosystem crash? We’re looking at losses that were 4.6 times higher back then.
💎From the insights of our ParadiseTeam Professional Traders: While the numbers are indeed substantial, they don’t quite signal a major catastrophe this time around. In fact, if we look at historical data, July often turns out to be the best month for Bitcoin within the third quarter. So, our advice? Hold on tight (HODL)!
Stay sharp, focused, patient, and disciplined Paradisers🥂
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