what the reason the $BTC is dumping below from 82.000 from 81.000👇👇👇👇👇👇
The Fed is becoming a problem again. The September Fed minutes showed that most policymakers saw another rate increase by year-end as probable. Fed Governor Christopher Waller also indicated that additional hikes could be necessary if inflation remains problematic. Treasury yields have consequently moved much higher. CCryptoSlate+1
3. Then the leverage gets flushed. This is important. Once $BTC broke the $82K area, leveraged traders started getting liquidated. Latest reports put crypto liquidations around $974 million, with roughly $896 million coming from long positions. That creates forced selling, which can accelerate a move that initially started for macro reasons. #FedMinutesFocusOnOctoberPause #BTC走势分析 #BinanceLaunchesBinanceIntelligence #IMFGrantsWaiverForElSalvadorBitcoinBreach
The Fed is becoming a problem again. The September Fed minutes showed that most policymakers saw another rate increase by year-end as probable. Fed Governor Christopher Waller also indicated that additional hikes could be necessary if inflation remains problematic. Treasury yields have consequently moved much higher. CCryptoSlate+1
3. Then the leverage gets flushed. This is important. Once $BTC broke the $82K area, leveraged traders started getting liquidated. Latest reports put crypto liquidations around $974 million, with roughly $896 million coming from long positions. That creates forced selling, which can accelerate a move that initially started for macro reasons. #FedMinutesFocusOnOctoberPause #BTC走势分析 #BinanceLaunchesBinanceIntelligence #IMFGrantsWaiverForElSalvadorBitcoinBreach