BOOM!!!
#BTC
#crashmarket
Bitcoin Drops to $84,000; Half a Billion Dollars Liquidated!!
In just one hour, more than half a billion dollars worth of long positions of traders were liquidated, indicating strong selling pressure and high leverage usage by market participants. The sudden drop in Bitcoin following recent gains has triggered a chain reaction of stop-loss orders and forced closures of leveraged trades.
#BTC
#crashmarket
Bitcoin Drops to $84,000; Half a Billion Dollars Liquidated!!
In just one hour, more than half a billion dollars worth of long positions of traders were liquidated, indicating strong selling pressure and high leverage usage by market participants. The sudden drop in Bitcoin following recent gains has triggered a chain reaction of stop-loss orders and forced closures of leveraged trades.
