🚨 BTC JUST BROKE 77K AND THE MARKET IS STARTING TO PANIC 📉🔥
If you want to understand why this drop might not be over, stay tuned, my brother 👀 and hit follow for more so you don’t miss anything coming up
#bitcoin dropped more than $1600 in just 4 hours, wiping out over $33 BILLION from #market cap
Meanwhile…
💥 Over $551 MILLION in #long s were liquidated
💥 Fear is creeping back into the market
💥 And over-leveraged traders are still disappearing
🧠 Now the big question is this…
Will #BTC keep falling or is a bounce coming to liquidate #short s first? 👀
The truth is both scenarios make sense right now
📍 There’s still plenty of liquidity waiting between 72k and 75k
📍 But after such an aggressive drop, the market might also look for a quick correction to trap those late shorters
This always happens…
When everyone thinks the market can only go down, it tends to make the opposite move first 😶🌫️
Plus, the CME gap and overextension on lower timeframes could trigger a temporary bounce before continuing the trend
⚠️ But be careful…
As long as BTC keeps losing supports and the macro pressure remains heavy, the downside risk is still very much alive
This is where they separate those who understand the market from those who react out of fear
What do you think, buddy… bounce to liquidate shorts or are we heading straight towards the 72k-75k zone? 👀
If you want to understand why this drop might not be over, stay tuned, my brother 👀 and hit follow for more so you don’t miss anything coming up
#bitcoin dropped more than $1600 in just 4 hours, wiping out over $33 BILLION from #market cap
Meanwhile…
💥 Over $551 MILLION in #long s were liquidated
💥 Fear is creeping back into the market
💥 And over-leveraged traders are still disappearing
🧠 Now the big question is this…
Will #BTC keep falling or is a bounce coming to liquidate #short s first? 👀
The truth is both scenarios make sense right now
📍 There’s still plenty of liquidity waiting between 72k and 75k
📍 But after such an aggressive drop, the market might also look for a quick correction to trap those late shorters
This always happens…
When everyone thinks the market can only go down, it tends to make the opposite move first 😶🌫️
Plus, the CME gap and overextension on lower timeframes could trigger a temporary bounce before continuing the trend
⚠️ But be careful…
As long as BTC keeps losing supports and the macro pressure remains heavy, the downside risk is still very much alive
This is where they separate those who understand the market from those who react out of fear
What do you think, buddy… bounce to liquidate shorts or are we heading straight towards the 72k-75k zone? 👀