$230 billion evaporated in 24 hours.
BTC fell below $64,000, and ETH fell below $1,750.
In 30 minutes, $645 million in long positions were forcibly liquidated.
I don’t think this is a pullback—it’s a stampede: every bounce brings in dip-buyers, and every dip-buy turns into fuel for the next wave of liquidations.
After 16 days of buying the dip, what do those people have left? If you disagree, let’s debate.
@Binance_News $BTC #BTC #Liquidations
BTC fell below $64,000, and ETH fell below $1,750.
In 30 minutes, $645 million in long positions were forcibly liquidated.
I don’t think this is a pullback—it’s a stampede: every bounce brings in dip-buyers, and every dip-buy turns into fuel for the next wave of liquidations.
After 16 days of buying the dip, what do those people have left? If you disagree, let’s debate.
@Binance_News $BTC #BTC #Liquidations
