BTC price falls below $38K as Tencent leads worst China tech rout since July

a multi-leg downtrend continuing, with $40,000 forming the target of a relief bounce before another dive ensued, this even having the potential to take out $30,000.

“If we somehow manage to get back above $40,000 and go up, then I’m bullish; otherwise not,” he concluded, adding that it would take a “miracle” for such a bullish case to come true. To the downside, a silver lining came in the form of increasing bids at $37,000 appearing on the Binance order book as BTC/USD drifted lower.

from monitoring resource Material Indicators further highlighted large transactions staying fairly constant, indicating institutional-grade investors maintaining interest in BTC exposure.“Some bid liquidity in the $20k range has faded upward to the $30s, but want to see a bigger concentration of bids to get market buyers off hands,” Material Indicators creator Material Scientist added in comments on a chart showing the latest action.

Now Uquid physical store is selling down 30%, which makes me ecstatic.

💪Wonderful！学习了

Tencent at best is prolly worth a quarter of its caps now just like Meta is. Much more rooms for a decline here.

Has anyone taken advantage of the Uquid physical store's 30% discount?

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How can I avoid paуing taxes from this?

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