$BTC Bitcoin Hits 2-Month Low: Why the $82K Crash Happened?
Bitcoin ($BTC) has taken a sharp dive, dropping over 6% in 24 hours to hit a low near $81,000. If you're wondering why the charts are bleeding, here is the quick breakdown:
1. The "Fed" Factor 🦅
Uncertainty over the next Federal Reserve Chair nomination (rumors pointing to hawk Kevin Warsh) has sparked fears of tighter monetary policies. Investors are shifting to "Risk-Off" mode.
2. $1.7 Billion Liquidated 📉
A massive "Long Squeeze" saw over $1.7B in leveraged positions wiped out. When $85,000 support broke, the cascading liquidations forced the price down rapidly.
3. Macro & Geopolitical Tensions 🌎
New US tariff threats and escalating global tensions are driving capital out of crypto and into traditional safe havens like Gold (which is also showing extreme volatility).
4. Technical Support 🛠️
BTC failed to hold the $84K level. All eyes are now on the $80,000 - $80,600 support zone. A break below this could lead to further cooling.
💡 Strategy: Short-term momentum is bearish, but long-term holders often see these "extreme fear" phases (Fear Index: 18) as accumulation zones. Stay disciplined
