🚨 Urgent: Bitcoin breaks 87,000 after liquidating 320 million dollars from buying positions in the last few hours
As I have repeated for days, as long as tensions continue, there is no reason for large funds to enter strongly or hold long buying positions. The market is now declining due to fears of worsening conditions and a broader collapse.
Not only geopolitical tensions are the cause, but also the rising likelihood of not cutting interest rates this week, in addition to what is happening in Japan, all of which negatively impact crypto.
Yes, we are near important support areas, but the price is capable of breaking them easily, taking liquidity, and then rising later. Be very careful and manage your risks wisely.
BTC
89,327.68
+1.01%