Crazy volatility on Bitcoin today, and both sides got cooked.
After #PCE data fell to a 6-month low, $BTC suddenly pumped around $1,700, wiping out nearly $60M in short positions within just 15 minutes.
But the move didnât last. $BTC reversed hard, dropping around $2,200 to $83.8K in about an hour and liquidating another $56M in longs.
With the monthly candle closing today, expect plenty of volatility as bulls and bears battle for control. đ
$MOVR hitting big...â€ïžâđ„
#CryptoAngkan
After #PCE data fell to a 6-month low, $BTC suddenly pumped around $1,700, wiping out nearly $60M in short positions within just 15 minutes.
But the move didnât last. $BTC reversed hard, dropping around $2,200 to $83.8K in about an hour and liquidating another $56M in longs.
With the monthly candle closing today, expect plenty of volatility as bulls and bears battle for control. đ
$MOVR hitting big...â€ïžâđ„
#CryptoAngkan
