Bitcoin slipping under $77K is the kind of move that reminds you how quickly leverage can unwind.
Around $200M in long positions reportedly got wiped out in just 60 minutes. When traders are heavily leveraged, one sharp move can turn into a much bigger cascade.
For now, I’m watching whether BTC can reclaim $77K or if this flush has more room to run.
$BTC
Around $200M in long positions reportedly got wiped out in just 60 minutes. When traders are heavily leveraged, one sharp move can turn into a much bigger cascade.
For now, I’m watching whether BTC can reclaim $77K or if this flush has more room to run.
$BTC
