#market 📉 Black Thursday January 29: When the market first shoots, then asks questions
Today at 09:30 EST (New York time) the markets experienced the same “moment of truth” that you feel in your stomach. When the charts stop drawing patterns and start moving “in pieces”, it means one thing: liquidity has won the narrative.
What we have as of now:
•
#bitcoin : Poured to $84,365 (-5.4%). This is not just a correction, but a cascade of liquidations. According to Coinglass, over $800 million was “shave” in a day, of which almost $700 million are longs.
•
#GOLD and Silver: The main surprise. Gold, which had just stormed a record $5,600, rolled back to $5,100. Why is the “safe haven” falling? Because during a panic, gold is an ATM. Traders are selling what has value to cover margin calls in other assets.
• Oil: Brent broke through $70 per barrel. The market is betting on the risk of escalation around Iran and the Strait of Hormuz. Oil is a “tax on everything,” and its growth is killing risk appetite.
•
#stock market: Microsoft (-7%) dragged the entire tech sector down. Huge spending on AI infrastructure has begun to scare investors more than inspire them.
Why is everything falling at the same time?
This is classic de-risking.
1. Oil fuels fears of inflation and war.
2. Microsoft signals that tech giants are “overheated.”
3. The dollar is rising, squeezing global liquidity.
4. Bitcoin and Gold are becoming tools for quick cash.
What’s next?
Let’s look at the closing of the day.
✅ If
$BTC holds the levels and starts buying back, it was a hard "stop-run" (taking out excess passengers).
⚠️ If oil continues to grow, and bounces on stocks are weak, the sell-off may turn into a protracted pike.