The fall of Bitcoin shook the market again after dropping below $90,000, a psychological level that triggered a wave of liquidations. The movement occurred minutes after the PCE inflation data generated an initial spike, creating the illusion of a bullish continuation before reversing violently and unexpectedly.

This abrupt change left thousands of traders with losses and reignited the debate about manipulation and excessive leverage. To understand the magnitude of the movement, it is necessary to analyze how liquidations and liquidity conditioned the fall of Bitcoin $BTC