August 2023 results
August proved to be challenging for traders in the cryptocurrency market, serving as a reminder of the importance of prudent risk management and a strategic approach to trading. Despite initial optimism, Bitcoin underwent a significant decline to $25,200 (-12%), believed to be triggered by speculative rumors of BTC being sold by SpaceX. This decline led to the liquidation of traders’ positions amounting to $1 billion.… Read More »August 2023 results