#Bitcoin just slipped below $67,000, its lowest level in about 3 months. 📉
$BTC lost the $70K level and flushed to around $66,915, down over 18% in November alone. About $1.3B was liquidated in 24 hours, 86% of it longs. $ETH is under $1,900, $XRP under $1.00 and $SOL under $75.
The trigger was a hot October CPI print, which lifted December Fed hike bets, while the AI-stock unwind spills into crypto. Spot BTC ETFs have now seen $2.5B+ in outflows since Oct 30, six straight sessions.
This looks like a leverage flush, not one headline. $67K is the line in the sand, and losing it puts $65K in play. Forced selling like this is also how bottoms get built, so watch ETF flows turning and funding resetting before calling the turn.
Stay liquid, size down, and don't catch the knife with leverage. ⚠️
#Bitcoin #Crypto #Liquidation #Fed
$BTC lost the $70K level and flushed to around $66,915, down over 18% in November alone. About $1.3B was liquidated in 24 hours, 86% of it longs. $ETH is under $1,900, $XRP under $1.00 and $SOL under $75.
The trigger was a hot October CPI print, which lifted December Fed hike bets, while the AI-stock unwind spills into crypto. Spot BTC ETFs have now seen $2.5B+ in outflows since Oct 30, six straight sessions.
This looks like a leverage flush, not one headline. $67K is the line in the sand, and losing it puts $65K in play. Forced selling like this is also how bottoms get built, so watch ETF flows turning and funding resetting before calling the turn.
Stay liquid, size down, and don't catch the knife with leverage. ⚠️
#Bitcoin #Crypto #Liquidation #Fed
