Yesterday, the strongest liquidation took place in months
And to what is known, what does liquidation or a code for long contracts mean?
Those who bet on the rise of Bitcoin through trading in the future, may God protect us from it
Most of the wallets or those who own alternative currencies had a violent decline
It reached from 30% to 40%
The positive thing is that this happened now after reasonable profits achieved by the wallets during the past period, so this decline was from the profit, whatever its value
Has the bull run ended like this and will we witness more declines
The answer is that the bull run has not ended
We see Bitcoin clinging to its support
From 94000 - 95000
But yesterday there was a large increase in acquisition with a decrease in Bitcoin, which led to the bleeding of alternative currencies
The bottom line
God willing, the market will return soon
Hold on to your currencies
We lost 40% of the portfolio for 100% to 300%
The real loss for futures owners
We are fine, please rest assured even if the market is more stressed