#BTC 🔥 Why Did Bitcoin CRASH???
Here’s a deeper dive into what’s happening with Bitcoin. After almost 90 days of trading in a tight range between $91K and $102K, Bitcoin has now slipped below $91K, hitting its lowest level since late November.
Bitfinex analysts are calling this a “critical juncture” as the usual upward momentum seems to be stifled.
This isn’t happening in a vacuum. Macro factors are at work—Trump’s new tariffs on Canada and Mexico have rattled traditional markets, with the S&P 500 dropping 2.3% and the Nasdaq 4% over the past five trading days.
These broader market pressures are spilling over into crypto. Meanwhile, institutional demand through spot Bitcoin ETFs has slowed dramatically, with outflows totaling around $552.5M this week.
The recent price action has also triggered significant liquidations—over $961M in long positions have been wiped out in the past day, adding extra volatility. Some market watchers suspect the tight trading range is manufactured, possibly due to coordinated selling by major players.
The kicker? That's what the media says and I don't believe any of it except for the last part (which is beautifully formulated so they don't have to use the term "market manipulation".
Check this: When FTX collapsed in 2022, $BTC dropped from almost $21k to slightly above $16k - around 23%. 15 Major cryptos lost $152 BILLION in value within 10 days and $BTC crashed around 23%. In the last few days $BTC crashed from 99k to 86k / around 13%. Do you see how ridiculous this is? 23% decline through an event that had the entire crypto world in complete shock and ruined lives vs.
a little bit of bad, but 100% usual and recurring news that caused a giantic 13% drop out of nowhere? Looking at the proportional impact of the FTX event vs. what's happening now, there's now way such a huge drop is normal and can be justified. Something SUPER shady is going on here.
#Write2Earn #BTC #cryptomarketnews #bitcoin