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

BTC, which rose above $ 63,500 at midnight, experienced a decline of approximately 1.5% from this region. Although there is no definitive reason for the decline, such movements can occur on weekends, although not always, generally due to lack of liquidity.

On the other hand, il Capo of Crypto, one of the well-known names in the cryptocurrency world, made a statement about the situation. Describing the decline as a "typical Sunday dump", the analyst spoke about the situation from now on. According to il Capo, the $BTC price may go down a little more from now on, but this decline can be considered an opportunity. However, the uncertainty of the BTC price continues.

When the liquidation data is examined, it is seen that there was a liquidation of $ 79 million in the entire cryptocurrency market in the last 24 hours. $ 48 million of these were observed in long positions and $ 30 million in short positions.

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