🚨 $431M in longs wiped out. $BTC fell $3,600 from the top.
Yesterday everyone was screaming "$90K next" 🚀
Today BTC is at $81,250 📉
What happened:
• BTC hit $84,875, then got rejected hard
• Over-leveraged longs got liquidated
• Tesla & Meta earnings dragged tech stocks down
• Strong US jobs data raised the odds of a December Fed hike
📊 The ONE level that matters tonight: $81,700
That's the 50-day average.
❌ Daily close below it = bears take control, $80K is next
✅ Reclaim it = this was just a shakeout
Support: $80,900 → $80,600 → $79,700
Resistance: $81,700 → $82,600
$ETH is even weaker: $2,379 (−5%), well below its 50-day average.
$IOST gave back its whole pump: −49% 😬
My move: no new longs until BTC closes back above $81,700. Protecting capital is a position too.
Are you buying this dip or waiting? 👇
#BTC #CryptoMarket #Liquidations #EarningsSeason
Yesterday everyone was screaming "$90K next" 🚀
Today BTC is at $81,250 📉
What happened:
• BTC hit $84,875, then got rejected hard
• Over-leveraged longs got liquidated
• Tesla & Meta earnings dragged tech stocks down
• Strong US jobs data raised the odds of a December Fed hike
📊 The ONE level that matters tonight: $81,700
That's the 50-day average.
❌ Daily close below it = bears take control, $80K is next
✅ Reclaim it = this was just a shakeout
Support: $80,900 → $80,600 → $79,700
Resistance: $81,700 → $82,600
$ETH is even weaker: $2,379 (−5%), well below its 50-day average.
$IOST gave back its whole pump: −49% 😬
My move: no new longs until BTC closes back above $81,700. Protecting capital is a position too.
Are you buying this dip or waiting? 👇
#BTC #CryptoMarket #Liquidations #EarningsSeason