$BTC Bitcoin just saw a massive flash crash today!
$BTC fell over 5% to $67,895 in just 20 minutes, wiping out over $400M in long positions. This is one of the biggest liquidation events in recent weeks.
Why did it happen?
- Technical breakdown below key support
- Heavy long leverage in market
- Macro fear due to US tariff news
But on the other side, adoption is growing:
- South Africa's First National Bank (FNB) just opened Bitcoin trading to 9 Million clients#
- US Treasury said crypto mixers can have lawful uses
Market sentiment is still Positive (79/100). One year ago BTC was at $126k ATH, now trading around $85k. Still 32% down but up 45% from June low of $58k.
Do you think this crash is a buying opportunity or more downside coming?
Share your view below ๐
$BTC #CryptoNews #Liquidations
$BTC fell over 5% to $67,895 in just 20 minutes, wiping out over $400M in long positions. This is one of the biggest liquidation events in recent weeks.
Why did it happen?
- Technical breakdown below key support
- Heavy long leverage in market
- Macro fear due to US tariff news
But on the other side, adoption is growing:
- South Africa's First National Bank (FNB) just opened Bitcoin trading to 9 Million clients#
- US Treasury said crypto mixers can have lawful uses
Market sentiment is still Positive (79/100). One year ago BTC was at $126k ATH, now trading around $85k. Still 32% down but up 45% from June low of $58k.
Do you think this crash is a buying opportunity or more downside coming?
Share your view below ๐
$BTC #CryptoNews #Liquidations