Everyone saw that insane wick on Christmas Day ๐
One moment #Bitcoin was stable, the next it dropped to $24,111 on a single exchange โ then bounced instantly.
Most people scream manipulationโฆ
โ 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.
๐ When big flows hit low-liquidity conditions:
Order books thin out
Slippage widens
A single heavy market order or liquidation can rip through bids
Price โteleportsโ downward until a deep limit order catches it
๐ Thatโs why the wick reversed instantly.
It wasnโt sustained selling โ it was a liquidity vacuum.
โ๏ธ Some traders with very low bids got filled below $25k
โ๏ธ Flash wicks always reward someone and liquidate someone else
No conspiracy โ just market mechanics:
Thin liquidity
Large flows
Aggressive orders
Deep 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, Iโll post it here.
