🚨 MARKIT UPDATE 🚨
Bitcoin’s drop below $84K triggered a major leverage flush, forcing heavily leveraged longs out of the market and adding more selling pressure.
Now the reaction matters. A quick reclaim of $84K would be a good sign, while staying below it puts $82.7K back in focus.
Let’s see if buyers step in here.
$OGN #bitcoin
Bitcoin’s drop below $84K triggered a major leverage flush, forcing heavily leveraged longs out of the market and adding more selling pressure.
Now the reaction matters. A quick reclaim of $84K would be a good sign, while staying below it puts $82.7K back in focus.
Let’s see if buyers step in here.
$OGN #bitcoin