🚨 BITCOIN LOSES $75K THEN FLIPS BACK ABOVE $76K
Bitcoin just saw a major surge in volatility when it dropped below $75,000, then quickly rebounded back above $76,000. This dip resulted in the liquidation of nearly $100 million in Long positions. ()
Selling pressure was seen amid the backdrop of the U.S. 10-year bond yield rising above 5%, while markets remain concerned about the Fed’s ability to raise interest rates. The $75K–$76K zone is currently being closely watched as a short-term support area. ()
👉 BTC is showing fairly rapid buying pressure in response around the $75K zone, but volatility is still very high as the market waits for a decision and new signals from the Fed.
👇 HOT COINS TRADING HERE 👇
$SAGA , $VTHO , $SYN
Bitcoin just saw a major surge in volatility when it dropped below $75,000, then quickly rebounded back above $76,000. This dip resulted in the liquidation of nearly $100 million in Long positions. ()
Selling pressure was seen amid the backdrop of the U.S. 10-year bond yield rising above 5%, while markets remain concerned about the Fed’s ability to raise interest rates. The $75K–$76K zone is currently being closely watched as a short-term support area. ()
👉 BTC is showing fairly rapid buying pressure in response around the $75K zone, but volatility is still very high as the market waits for a decision and new signals from the Fed.
👇 HOT COINS TRADING HERE 👇
$SAGA , $VTHO , $SYN