Off The Crypto World For 6 Hours Sleep And Waking Up To A Tanked Crypto Market

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I stayed a little longer and only retired to bed at about 00:00 (12am) South African time. I was out in sleep land for six hours only to wake up to a market that have plunged.

I was personally wishing BTC dips and my prediction was to see it dip to $59700, so my buy order was set and executed while I was asleep, judging by how the market reacts based on previous moves I had a feeling we are not done seeing BTC in the $50k but I didn't expect to drop below $58k.

So here comes the question to myself is it a good move to have buy/sell orders in while asleep? Sometimes it had paid off and sometimes I could have woken up to buy at $54k.

ALTs felt the impact as well with HIVE dipping to a low $0.48 but resisted futher dip now just hanging onto $0.50.

ADA dipped to a low $1.14 from a high $1.41 in 24 hours.

The BATs from a peak $1.55 flew down South to $1.15 before regaining strength for a flight northwards were they currently trades at $1.24

According to Bybt data, an eye-popping $9.6 billion worth of crypto has been liquidated over the past 24 hours, up 274 percent from the previous day.
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Majority of cryptocurrencies plunged resulting in approximately $10 billion liquidation, whatever caused the plunge is anyone's guess.
Bitcoin the likely culprit now trades at $54771 as it focuses on reclaiming $60k

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Image by @doze