Bitcoin crash! UST LUNA drag BTC price down! Crypto News 2022
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    0:00 Today in Bitcoin
    0:45 Bitcoin Analysis
    4:28 Bitcoin Where Are The Buyers
    7:30 Terra Luna UST and Bitcoin
    13:27 Final Thoughts
    #bitcoin #btc #crypto

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    48 Comments

    1. Lark and Iam George seem to be happy regardless of the situation, it makes me wonder if they are loading up on Bitcoin. It seems to make seens.

    2. Believe this is some foreshadowing with UST. Now, imagine for a moment, another scenario. But this time with the US Dollar and all fiat currency.
      VT247

    3. There’s been no participation in the market this year so far, and until there is, I’ll be keeping my stables on the sidelines.
      I’ve actually made profit being in USD rather than GBP πŸ˜‚

    4. It is important to understand that UST wasn’t just randomly unpegged. It was targeted by an attack with a lot of liquidity, enough to provoke a flight and overwhelm LGF. It feels as if there was a concerted goal, not merely to crash Terra and the wider market, but to actually undermine legitimacy and trust in defi, algorithmic stable, or crypto – can’t be sure but the power implications are considerable.

    5. Guy/Coin Bureau always said LUNA and UST would be attacked as there's a lot riding on the stablecoin wars, especially with the Korean govt backing it and CBDCs coming. If Citadel was behind the attack that explains a lot, the US would never allow Korea to beat them.

    6. USDT lost it's peg by wide margins multiple times in history yet people still use it. UST will recover as well but that doesn't mean Luna will be getting back over $100 anytime soon probably not this year

    7. it was fun day i made 300 buys not even start to use my cash reserve ready for more if not ready to fly to the mooon ready to catch the falling knife as well

    8. Don't wanna be all doom and gloom but this bear market is very different than any crypto bear markets we have had before. Everything is collapsing. If you look at the big picture SPY and DOW can go much lower and it still will be bullish long term. If this goes on for another year or 2 I m not going to be surprised if we see BTC capitulating to 10-14k. That's why I m not going to DCA for now until I see 20k or lower. But for now, we probably bounce back to mid 35s, I wouldn't rush selling just yet

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