📉 Yesterday, $BTC dropped toward $80K amid rumors that 12,267 #Bitcoin linked to U.S. government wallets had been sold. However, the coins were reportedly transferred to new, unlabeled addresses rather than sold.
The sharp move triggered liquidations on both sides, catching many traders off guard.
🔍 What's next for BTC?
From a technical perspective, much of the downside liquidity may have been swept. If momentum shifts, liquidity above the market could become the next target, potentially triggering a short squeeze.
Will Bitcoin rebound or test $80K again? 👀
#BTC☀️ #Bitcoin #Crypto #priceanalysis
The sharp move triggered liquidations on both sides, catching many traders off guard.
🔍 What's next for BTC?
From a technical perspective, much of the downside liquidity may have been swept. If momentum shifts, liquidity above the market could become the next target, potentially triggering a short squeeze.
Will Bitcoin rebound or test $80K again? 👀
#BTC☀️ #Bitcoin #Crypto #priceanalysis