Bitcoin just got hit with a sudden sell-off.
$BTC dropped below $84K today after failing to break the $87K area. A big part of the move came from rising oil prices, a stronger dollar and heavy long-position liquidations.
But here’s the interesting part: this does not automatically mean the Bitcoin trend is over. BTC is still sitting inside a wider range, so the next few days are about seeing whether buyers step back in or sellers keep pushing lower.
$BTC dropped below $84K today after failing to break the $87K area. A big part of the move came from rising oil prices, a stronger dollar and heavy long-position liquidations.
But here’s the interesting part: this does not automatically mean the Bitcoin trend is over. BTC is still sitting inside a wider range, so the next few days are about seeing whether buyers step back in or sellers keep pushing lower.