đš BTC JUST SHOWED WHY WEEKENDS CAN BE DANGEROUS
Bitcoin nearly touched $79,500.
Then the weekend hit.
Thin order books + fewer bids = less liquidity sitting below price.
So when selling starts, BTC doesnât need billions of dollars to fall hard.
Price sweeps through the available bids â stops trigger â longs get liquidated â forced selling hits the book â price drops even faster.
Thatâs the liquidity cascade.
The scary part?
Low volume doesnât mean low volatility.
Sometimes it means the opposite. đ
$BTC
DYOR | NFA
Bitcoin nearly touched $79,500.
Then the weekend hit.
Thin order books + fewer bids = less liquidity sitting below price.
So when selling starts, BTC doesnât need billions of dollars to fall hard.
Price sweeps through the available bids â stops trigger â longs get liquidated â forced selling hits the book â price drops even faster.
Thatâs the liquidity cascade.
The scary part?
Low volume doesnât mean low volatility.
Sometimes it means the opposite. đ
$BTC
DYOR | NFA
