Why is Bitcoin Really Down Today? 3 Reasons
1. Inflation Data: US CPI up 0.4% MoM, raising fears of a December Fed rate hike.
2. ETF Outflows: Large outflows from US Spot Bitcoin ETFs showing institutions are taking profit.
3. Leverage Flush: Forced selling in leveraged trades intensified the fall.
BTC is down almost 7% in last 5 days and over 20% since Jan 2026.
My Take as a long-term observer: Market is washing out weak hands. If $66,107 - $71,696 range holds, a bounce to $76K breakdown retest is possible.
Don't panic, manage risk.
$BTC #BTC #CryptoMarket đ¤Şđ¤đđ
$AAPLB
1. Inflation Data: US CPI up 0.4% MoM, raising fears of a December Fed rate hike.
2. ETF Outflows: Large outflows from US Spot Bitcoin ETFs showing institutions are taking profit.
3. Leverage Flush: Forced selling in leveraged trades intensified the fall.
BTC is down almost 7% in last 5 days and over 20% since Jan 2026.
My Take as a long-term observer: Market is washing out weak hands. If $66,107 - $71,696 range holds, a bounce to $76K breakdown retest is possible.
Don't panic, manage risk.
$BTC #BTC #CryptoMarket đ¤Şđ¤đđ
$AAPLB