🚀 #Bitcoin just reached a new peak and then dropped quickly! 📉
- BTC/USD hit an all-time high before dropping more than $2,000 in just a few minutes.
- Data from Whalemap shows that 150k BTC were accumulated by whales at $98,133, which could be an important support level.
- $1.3 billion in positions were wiped out as OI reached a record $70 billion.
🔍 QCP Capital: It's hard to find reasons to be bearish on BTC price, but the options market remains cautious with a risk-hedging trend.
- Trader Josh Rager: Don't worry about short-term corrections, the market will rise in the next 3-6 months.
📊 Rekt Capital warns there may be deeper corrections based on historical precedents.
💬 What do you think about the current BTC trend? Share your thoughts! 👇