150,000+ traders got liquidated in just 24 hours.
$1.25 Billion wiped out from the crypto market.
Why did it happen?
BTC dropped below $70,000 and all Longs got trapped.
$637 Million liquidation in BTC alone, 90% were Longs.
Fear & Greed Index is now at 13 - Extreme Fear.
Remember this:
In Spot, your coin can go down, but it never goes to ZERO.
In Futures / Leverage, one wrong candle can wipe out your full account.
What do you think?
Will BTC go to $60K now or bounce from here?
Comment below.
#BTC #Bitcoin #Crypto #Liquidation #BinanceSquare
$BTC
$1.25 Billion wiped out from the crypto market.
Why did it happen?
BTC dropped below $70,000 and all Longs got trapped.
$637 Million liquidation in BTC alone, 90% were Longs.
Fear & Greed Index is now at 13 - Extreme Fear.
Remember this:
In Spot, your coin can go down, but it never goes to ZERO.
In Futures / Leverage, one wrong candle can wipe out your full account.
What do you think?
Will BTC go to $60K now or bounce from here?
Comment below.
#BTC #Bitcoin #Crypto #Liquidation #BinanceSquare
$BTC
