$BTC - A whopping $3 BILLION in long liquidations at $65k!
Let's cut to the chase: the PRIME time to invest in SOLID crypto projects isn't when you're tempted to cash out and run—it's exactly when everyone else isn’t looking. What we're witnessing in crypto right now is pure leverage drama!
$BTC could see another $3 Billion liquidated if it dips to $65k!!! Think I'm being pessimistic? Not at all! This level of market liquidity and the spikes in the fear and greed index are indicators of intense interest in the market. For true holders, this scenario is GOLDEN; for those riding the FOMO wave or using high leverage, these are the moments you might end up regretting!
Do I foresee BTC skyrocketing to $100k in the next couple of months? Absolutely not—there's no catalyst in sight to drive such growth.
Note this:
- ETF inflows have slowed.
- Bitcoin has already soared this year and needs more than just a halving event to hit the $100k mark.
- High leverage is a fleeting belief, not a solid strategy.
- Bitcoin THRIVES on finding liquidity.
The average purchase price for ETFs held by various fund clients is around $57k. These funds aren’t geared for high-risk plays; they aim for diversification and steady returns. Fund investors generally aren’t expecting massive gains—they aren't banking on a 40% spike in just a few months.
So, don't get caught in high-leverage FOMO now; you might end up in tears very soon.
For everyone on the square discussing ENA, Wormhole, etc., if you still hold positions and are thinking of exiting, NOW is your moment. If you suspected a scam last week, guess what? Nothing's changed. If you believe in these projects, then hold firm (I’m holding W and ENA).
Considering following me for realistic crypto predictions and insights. A like is always appreciated 😊 Stay sharp!
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