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Bitcoin is highly sensitive to global financial market fears right now and is grinding sideways/lower while bulls and bears fight over the $86K-$90K zone. #WriteToEarnUpgrade

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The sharp drop in Bitcoin $BTC is due to a combination of macroeconomic pressure and market dynamics: Macroeconomic Pressure: Market sentiment is risk-off, partly due to expectations of a hawkish policy shift by the Bank of Japan BoJ which historically has reduced global liquidity and pressured risk assets like crypto. Liquidation Cascade: The price falling below key support levels (like $87,000) triggered massive long liquidations (over $200 million in one hour, and over $295 million in total), forcing leveraged traders to sell and accelerating the price decline. Bearish Bias: The consolidation near $90,000 acted as a potential "bear flag", with sellers taking control when buyers remained cautious and there was no immediate bullish catalyst. In short, BoJ fears created the environment, and mass liquidations turned a decline into a sharp plunge.

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As i predicted the sharp decline in $SOL seems to be primarily driven by broader macroeconomic and market pressures, not platform-specific negative news for SOL itself. ⚠️ Global Market Sell-Off: The main cause is a wider panic sell-off in the cryptocurrency market (Bitcoin, Ethereum, and altcoins all dropping). 🇯🇵 Bank of Japan (BoJ) Fears: Growing fear of a possible BoJ interest rate hike later this week (Dec 18-19) is causing investors to sell off risk assets (like crypto) to repay loans (the "yen carry trade"). 💥 Liquidations: The sudden drop in Bitcoin triggered massive liquidations of leveraged long positions, which accelerated the losses across the entire crypto board, including Solana. #WriteToEarnUpgrade

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$SOL is strong and bullish; as long as it holds above $210, upside toward $225–240 remains likely. #square #BTC #cryptouniverseofficial

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$BTC 🎯 Key Takeaway…….OMGGGG The short-term trend remains downward as long as $BTC stays below the $93,400 - $95,000 resistance zone. A break and sustained close above this zone is needed to shift the immediate sentiment back to bullish. A break below $84,000 could trigger a deeper sell-off toward the $76,000 support area.#WriteToEarnUpgrade

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