BlackRock dumped nearly $190 million into $BTC . Bitcoin broke below $74K, but within just two hours the price had bounced back.
Nearly $250 million in liquidations. Longs and shorts alike got wiped out indiscriminately. 💥
I don’t see a weak market; I see a full-blown liquidity hunt. The money isn’t running out here. The patience and deposits of those who picked the wrong side are.
The market is simply grinding the crowd down. And this isn’t over yet.
Nearly $250 million in liquidations. Longs and shorts alike got wiped out indiscriminately. 💥
I don’t see a weak market; I see a full-blown liquidity hunt. The money isn’t running out here. The patience and deposits of those who picked the wrong side are.
The market is simply grinding the crowd down. And this isn’t over yet.

