Dear friends in the cryptocurrency community👬
Why did BTC crash below 97k?
Because data shows that when BTC falls below 97k,
there will be over 2 billion 💲 in liquidation.
However, to push BTC above 100k, only 100 million USD is needed for liquidation.
But according to the data, it has already been realized.
After BTC surged above 100k last night, it quickly fell 📉.
Around 4:40 AM on the 10th, it almost dropped below 96k.
The liquidation amount is at least over 3 billion.
It seems December is truly not peaceful.
The trend of Bitcoin is once again in sync with the volatility of the US stock market.
Interestingly, in November, it was completely not in sync with the US stock market!
It seems my recent reminders ⏰ to everyone to hedge were correct.
As a seasoned cryptocurrency investor, I’m sharing my experiences and insights. Interested in the crypto space but don’t know where to start? Click on my profile to see the introduction to my work and let’s witness the moment of miracles together!
