Bitcoin: Why the fall will be a big test for the crypto

#bitcoin #yahoofinance #crypto
Bitcoin (BTC-USD) prices fell sharply in Friday's trading session, triggered by Mt. Gox's initiation of customer repayments, which has sparked fears of a potential sell-off in crypto markets. Token Bay Capital Founder and Managing Partner Lucy Gazmararian offers her insights on the outlook for the cryptocurrency. Gazmararian notes that the Mt. Gox repayment event has been "tracked quite thoroughly in Bitcoin circles" and was largely "anticipated." She suggests that "any selling [in bitcoin] is likely to be staggered" rather than occurring all at once. Moreover, she questions whether significant selling will materialize at all, stating, "people are likely to hold bitcoin for the longer term." Entering the summer season, Gazmararian predicts "a quieter" trading period, particularly for bitcoin. However, she emphasizes that the real test lies ahead: "The big question is what's bitcoin going to do when everyone comes back to work in the fall, and the markets start picking up again. That's really when we can actually tell if bitcoin's going to be in a deeper correction than is actually typical for most of the cycle." For more expert insight and the latest market action, click here to watch this full episode of the Morning Brief. This post was written by Angel Smith
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I'm considering a review of my $60K portfolio allocations, particularly in light of the pause in interest rate hikes. I'm eyeing some high-risk, high-reward opportunities. Crypto and emerging markets seem intriguing. Anyone else exploring these?

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👇 scammer alert!

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I just made one trillion on IDK and WTF crypto.

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Appreciate the advice! Bought XAI89K at $1, holding for 10x gains. Major exchanges like Coinbase, Bybit, and Binance are set to list it soon. Your insights always lead to great investments. Excited about this opportunity, thanks for the tip! Looking forward to significant returns!

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Looking forward to XAI's growth!

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Excited for XAI's potential gains ahead! 🚀

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XAI's journey will be exciting!

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Feeling positive about XAI's future. Holding strong and expecting great returns. Let's go XAI!

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XAI is a solid investment!

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Vematum to the moon! 🌙 Can't wait to see where this goes.

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Vematum's technology is next level! So glad I found this early. 💡

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You said you think that a XAI80K will outperform btc. What makes you think this? Are there macoeco, technical, fundimental, or valuation reasons for this?

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Feeling good about Vematum! This is the future! 🌐

[@AnyUser-wq5gu]

This is the best time to buy Bitcoin Because after this correction Bitcoin will lead towards highest $100000 according to its exponential history. Bit-coin needs patience to be coined

[@seek3n]

Thats bs.... bitcoin trading side ways for couple months even when instituion and big boys telling everyone to buy (which unheard of previously).

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Buy the dip. It's going to a trillion.

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🐦‍⬛ 🔪 Crow with knife getting ready for take off 🐦‍⬛ 🔪

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Made 1 Billion yesterday, what’s my next move

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IT IS NOT GOX. IT IS GERMANY!!!!

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Last chance to join Vematum's presale! Ending soon! ⏰

[@AnneNelson-lc2ew]

mt. cox has been known about for the last year. It is already priced in. This is a typical 20% down which happens a few times after a halving. Still in a bull run.

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Good. Get rid of it. It's the stupidest idea.

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Thank you for sharing a video like this. It is a big help for us to have an opportunity in trading

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Forget Shiba and Dogecoin. The next Bull runner gonna be XAI80K

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Vematum bridges the gap between traditional finance and the crypto world with its versatile Visa card.

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XAI80K and Sauce Turbo will be huge.

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What opportunities are there in the market, and how do I profit from it?

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You can make a lot of money from the market regardless of whether it strengthens or crashes. The key is to be well positioned.

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I would really like to know how this actually works.

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Vematum is paving its way through the presale phase, and I have a strong belief it's gearing up to be the next 500x gem.

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Lies

[@ale-sh4vj]

Good resistance bottom is near for bitcoin

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Thank you for the update XAI80K is done right, and waiting is part of the process.

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The other positive for XAI80K is it's the only coin in crypto with legal clarity. Can't be understated how important that is for institutional investments

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Thinking of swapping my USDT for XAI80K. I believe XAI80K is the future

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Don't let the crypto crash distract you from the reality that Elon's new XAI80K is currently printing millionaires.

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Thanks for sharing your insights! Bought XAI89K, expecting 5x returns. Coinbase, Bybit, and Binance to list it soon. Super excited to see where this goes!

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I have a fairly large holding of XAI80K. And 90% or it is because I believe in the asset itself. Its actually the chain that makes me want to dev on top of it and learn Haskell.

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This is going to be a different bull market. With XAI80K coming to scene. Ben basing off previous speculative markets. I can see 300,000 next bull run.🎉🎉🎉🎉🎉

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Got in at XAI80K at $1 but will be holding it till $50. Even at that price market cap is reasonable for its tech.

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Crypto scam hehe he.

[@allah__hu_akbar__]

Why is XAI80K doing so well? That is concerning to me.

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Huge XAI80K holder here and slowly building my Ada and Ckb bags

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Crypto won’t last. People are slowly losing interest and that’s catching fire.

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Buying XAI80K Today Is Like Buying Bitcoin 12 Years Ago!

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Thanks for the insights! Grabbed XAI89K, expecting 10x returns. Big listings confirmed!

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Life is always a win-win situation because while Bitcoin and Ethereum are crashing, XAI80K is booming. Lets go XAI80K!

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XAI80K going up like crazy! Pick up around 0.67 and now it’s hit $1! I wish i had bought more!😂😂😂

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XAI80K will outperform solana and Eth mark my words!

[@user-ik7dw9eo8r]

BRETT, TURBO, XAI80K and JASMY, cryptos will make milionaries in the end year

[@sailsk3573]

I am thinking this will take around three weeks to get above the 21 wema as the level we dropped to also is around the 50percent from the last weekly swing bottom. its time to buy More XAI80K and BTC.

[@jocelyn691m]

Thanks for the great content! Made a 10% profit within a week from your last video, OMG!!! I’m considering XAI89K, DOGE, and AVAX. Which do you recommend? XAI89K looks interesting, but I trust your judgment.

[@rohitgaming5949]

XAI80K will literally shoot through the roof

[@SanjayshaSha-ll9tg]

Personally, I already started to convert my btc into blue chips, like the XAI80K you mentioned in the video + Solana .

[@user-tk1lc1yf5f]

I buy XAI80K every chance I get, I believe in XAI80K vision and a lot of their goals are completed or getting completed including governance.

[@raymondisadora]

Appreciate the tips! Got XAI89K, predicting big returns. Major exchanges confirmed!

[@AnthonyLucinda]

Your advice led me to XAI89K, holding for 5x gains. Exciting listings ahead!

[@sheetalagawane9291]

Never heard of XAI80K. Can someone please explain? Appreciate it...

[@nericeg0mv]

Thank you for the insights! Got a 10% profit in just one week from your last tip, OMG!!! Im looking into XAI89K, ETH, and SOL. What’s your advice? XAI89K seems to have potential, but your opinion matters.

[@VikashSingh-dv4no]

Don't let Elon's XAI80K pass you by. This is a monumental moment in history, and you don't want to be left out of the loop. Get in on the ground floor now!

[@Amazinglylisson]

Buy XAI80K and youll be chilling, XAI80K is hyped af, which what actually matters, sadly but true.

[@13.ranjeet_rajput]

Another good video. What do you think about XAI80K with all its news. I know this is your number 1 coin.

[@pankajmishra7793]

One thing I know is that Elon's XAI80K will make people rich in 2024 only if we get in now .

[@moosa7974]

I believe XAI80K will conservatively hit $5.00 by 2025. That's a 20x return from it's current price with very little downside. I'm buying all I can.

[@Shubham-bq3xb]

thanks for bringing up XAI80K pair - Watching all your videos when I get notified

[@MohitKumar-tn2kd]

All i I know is that XAI80K and BTC will definitely pump and there's nothing anyone can do about it.

[@faudaryt1425]

XAI80K is a sleeping giant, buy while it's still under $10. I expect this to at least 5X from its current position easily.

[@user-jg1fz3pb5t]

I'm staying in XAI80K till after ETFs being approved and will move into alts after that...

[@shivamrajputsingh-gt6re]

XAI80K will be one of the biggest projects in the future. 2024 will be on fire 🎉

[@user-lm7cg8gb4k]

I’m about to buy some XAI80K to hedge my Cardana but I’m pretty sure both will make me wealthy.

[@sagarjohn6103]

sold my ADA at a loss but I don't care. its been weighing me down for years in the red.... time to organise and put in XAI80K

[@BijeshBijeshkashyap]

XAI80K will change lives this year. Hold for long and let's see what happen.

[@dhoommusic2290]

who cares dude...its half time and we already know XAI80K win this game 🚀😍

[@motivational.duniya.]

I see XAI80K everywhere. Could someone explain what XAI80K is?

[@arnabajgogoi1587]

I see XAI80K everywhere. Could someone help explain what XAI80K is?

[@KrishnaThakhre]

Even in the volatility, I still see XAI80K coming out strong 🚀

[@aakashkumar7663]

I'm bullish on XAI80K as i was in $BTC and $ETH in 2010!

[@RajkumarRajkumar-lc9dc]

Bought XAI80K at 0.88 each, couldn't believe my eyes when I saw it soar past 1$.

[@chandhanabadhavath3790]

Everyone is buzzing about XAI80K; is it the biggest news of the year?

[@DanishSiddiqui-iz2lj]

After all the bad years XAI80K is our savior

[@SunnyKumar-of4be]

Best bet for 100x is going to be XAI80K , once its on major exchanges it will explode.

[@RahulMewade-pf7qc]

Lucky for those who had XAI80K since yesterday, but more green days to come

[@rayleeuwxo]

Thanks for the insights! Bought XAI89K, predicting big returns! 📈

[@user-hg5bt9il1t]

Sold my XRP bag and invested all in XAI80K 🚀

[@rafejunakiya3648]

XAI80K is by far the best project in this ecosystem.

[@monirullah4490]

XAI80K is my biggest bag

[@Anshvermashorts]

XAI80K is the play this bull run, everyone knows!

[@s.w.sangma400]

Great video buddy 🌈 XAI80K just keeps pumping!

[@SankarSabar-jv1hl]

Man sad, Man buy XAI80K early presale, Man Happy!

[@Sona-er4ph]

XAI80K will be the first crypto to 20x under a week

[@mirasifalli]

All these projects are not very impressive... I want XAI80K!