Rejected at $87.2K. $BTC dropped straight to $82.2K.
The peak evaporated.
BTC touched $87,235 but couldn’t hold there, then dropped straight through $84K, reaching a low of $82,200. It’s now trading at $82,701, down 1.9%. Trading volume is $2.42 billion. Open interest remains at $3.29 billion. Positions worth $203.84 million were liquidated during the drop.
This wasn’t a slow pullback. The hourly chart printed a sharp bearish candle that broke out of the range. $82,200 is the line in the sand.
Please follow
#FedMinutesFocusOnOctoberPause #VitalikWarnsAICouldWeakenCryptographySecurity
The peak evaporated.
BTC touched $87,235 but couldn’t hold there, then dropped straight through $84K, reaching a low of $82,200. It’s now trading at $82,701, down 1.9%. Trading volume is $2.42 billion. Open interest remains at $3.29 billion. Positions worth $203.84 million were liquidated during the drop.
This wasn’t a slow pullback. The hourly chart printed a sharp bearish candle that broke out of the range. $82,200 is the line in the sand.
Please follow
#FedMinutesFocusOnOctoberPause #VitalikWarnsAICouldWeakenCryptographySecurity