🚨 !COLLAPSE $BTC! Bitcoin Drops Abruptly Below $86,000 with a 3.27% Drop in 24H 🚨
Breaking News (Binance Market Data): The price of Bitcoin has suffered a violent drop, breaking the psychological and technical threshold of $86,000 USDT. It is currently trading at $85,983.93 USDT, with a decrease of 3.27% in the last 24 hours. This movement is a clear bearish breakout from the previous consolidation range.
Immediate Impact: This breakout is triggering a massive cascade of stop-loss orders, amplifying the dump. Traders expect the next key support zone to be the $84,000 level. Fear (FUD) is extreme, with many leveraged traders being liquidated at this very moment.
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Is this the sign that the bearish market has resumed, or is it a "bear trap" to liquidate longs?
Are you closing all your leveraged positions, or opening shorts at this moment?