Bitcoin's recent rollercoaster has left traders on edge as it tumbled from $96,000, shedding over $12,000 in just two days. The crypto market saw nearly $900 million in liquidations, with US Bitcoin ETFs experiencing record outflows of $679 million. Analysts like BitQuant suggest the dip isn't over, predicting further drops to the mid-$80,000s. Meanwhile, Whalemap highlights significant Bitcoin accumulation between $60k-$67k, suggesting a defined risk-reward scenario for long-term holders. The Federal Reserve's policy shifts have added to the market's volatility, leaving assets vulnerable to shocks.
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BTC
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