Bitcoin just wiped out both sides of the market.
After hotter-than-expected PPI and CPI data, BTC plunged $4,000, liquidating over $800 million in longs.
Then came the brutal reversal. BTC bounced back to $82,000, wiping out another $50 million in shorts in just 60 minutes.
Bulls got crushed. Bears got trapped. The volatility has been ruthless.
#CPIWatch
After hotter-than-expected PPI and CPI data, BTC plunged $4,000, liquidating over $800 million in longs.
Then came the brutal reversal. BTC bounced back to $82,000, wiping out another $50 million in shorts in just 60 minutes.
Bulls got crushed. Bears got trapped. The volatility has been ruthless.
#CPIWatch