Everyone saw that insane wick on Christmas Day 🎄
One moment
#Bitcoin was stable, the next it dropped to $24,111 on a single exchange — then bounced instantly.
Most people scream manipulation…
❌ The truth is: the story is in the flows, not the candles.
What actually happened:
During a very thin liquidity window (when the market was basically asleep),
large amounts of BTC moved through hot wallets in rapid succession.
📉 When big flows hit low-liquidity conditions:
Order books thin outSlippage widensA single heavy market order or liquidation can rip through bidsPrice “teleports” downward until a deep limit order catches it
🔁 That’s why the wick reversed instantly.
It wasn’t sustained selling — it was a liquidity vacuum.
✔️ Some traders with very low bids got filled below $25k
✔️ Flash wicks always reward someone and liquidate someone else
No conspiracy — just market mechanics:
Thin liquidityLarge flowsAggressive ordersDeep bids waiting below
Result: a $24k wick that lasted seconds, not a real spot price collapse.
After more than a decade in this market, these moves always say one thing:
Stop staring at candles. Start watching flows.
When the real bottom comes and I start loading
$BTC again, I’ll post it here.
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