#Bitcoin market dynamics 🚀
The chart released by Matrixport shows that Bitcoin suddenly fell sharply this morning. The long positions bought last week due to the Fed's dovish remarks may have been liquidated. There was no obvious event to trigger today's pullback, and the long liquidation in a low liquidity environment may be the main reason. If Bitcoin falls below $59,000, the market may be more worried. What do you think? Welcome to discuss in the comment area!#Bitcoin#Blockchain #MarketAnalysis