F**k, that’s volatility.
Today on the Bitcoin market, there was insane volatility, and both sides lost.
Bitcoin surged by $1,700 after the PCE fell to a 6-month low, leading to $60 million worth of short positions being liquidated within 15 minutes.
Then BTC dropped by $2,200 to $83.8k within 60 minutes, resulting in $56 million worth of long positions being liquidated.
Today, the monthly Bitcoin candle closes, so an intense battle between bulls and bears is ahead.
$BTC
Today on the Bitcoin market, there was insane volatility, and both sides lost.
Bitcoin surged by $1,700 after the PCE fell to a 6-month low, leading to $60 million worth of short positions being liquidated within 15 minutes.
Then BTC dropped by $2,200 to $83.8k within 60 minutes, resulting in $56 million worth of long positions being liquidated.
Today, the monthly Bitcoin candle closes, so an intense battle between bulls and bears is ahead.
$BTC
