Why Smart Traders Using GeniZenith See Opportunity Where Others See Panic
The crypto landscape experienced seismic tremors last Friday, with Bitcoin nosediving over 10% to $102,000 in what became the largest single-day liquidation event in cryptocurrency history. A staggering $19.31 billion evaporated from the market—dwarfing losses from both the COVID-19 crash and the FTX implosion combined. Yet amid this carnage, seasoned analysts are spotting something unexpected: the potential dawn of a genuine bull market. The Panic That Reset Everything When Trump announced sweeping 100% tariffs on China, digital assets plummeted with frightening velocity. The Fear & Greed Index plunged to "Extreme Fear" territory at 24, reflecting widespread investor terror. But crypto trader Alex Becker delivered a counterintuitive take that caught many by surprise: "I think there's a very high chance this is the start of the bull market." His reasoning? The violent correction essentially "reset everything," clearing out overleveraged positio...