👍👍Bitcoin (BTC) Price Dropped Today! il Capo Shared His Latest Thoughts After the Drop 👍👍

BTC, which rose above $ 63,500 at midnight, fell by approximately 1.5% from this level. Although there is no definitive reason for the decline, such movements can usually be observed on weekends due to lack of liquidity.

One of the well-known names in the cryptocurrency world, il Capo of Crypto, evaluated this situation. Describing the decline as a “typical Sunday selling wave,” the analyst also commented on the upcoming period. According to il Capo, the BTC price may fall a little more, but this can be seen as an investment opportunity. However, the uncertainty in the BTC price still continues.

When looking at the liquidation data, it is seen that a total liquidation of $ 79 million occurred in the entire cryptocurrency market in the last 24 hours. Of these liquidations, $48 million was recorded in long positions and $30 million in short positions.

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