₿ BITCOIN JUST ERASED $3,000 IN AN HOUR!
Bitcoin dropped roughly $3,000 in about 60 minutes as leveraged longs got introduced to the oldest rule in crypto:
The market doesn’t care about your conviction.
Hundreds of millions in bullish positions had already been flushed during dips this week, with traders once again piling leverage onto a market perfectly capable of moving violently without their assistance.
Last week, Bitcoin was liquidating the bears.
Now it’s eating the bulls.
The casino remains open. It just changed tables.
$BTC | $XRP | $ETH
#BREAKING #news #US #markets #BTC
Bitcoin dropped roughly $3,000 in about 60 minutes as leveraged longs got introduced to the oldest rule in crypto:
The market doesn’t care about your conviction.
Hundreds of millions in bullish positions had already been flushed during dips this week, with traders once again piling leverage onto a market perfectly capable of moving violently without their assistance.
Last week, Bitcoin was liquidating the bears.
Now it’s eating the bulls.
The casino remains open. It just changed tables.
$BTC | $XRP | $ETH
#BREAKING #news #US #markets #BTC
