Crazy volatility on Bitcoin $BTC today, and both sides got cooked.
Bitcoin pumped +$1,700 after PCE dropped to a 6-month low, liquidating $60 million in shorts in just 15 minutes.
Then BTC dumped -$2,200 to $83.8k in 60 minutes, liquidating $56 million in longs.
Bitcoin’s monthly candle closes today, so it’s going to be a volatile fight between bulls and bears.
$BTC
Bitcoin pumped +$1,700 after PCE dropped to a 6-month low, liquidating $60 million in shorts in just 15 minutes.
Then BTC dumped -$2,200 to $83.8k in 60 minutes, liquidating $56 million in longs.
Bitcoin’s monthly candle closes today, so it’s going to be a volatile fight between bulls and bears.
$BTC
