🚨 Why Bitcoin Crashed to $24K
Yesterday
Bitcoin’s sudden drop to $24,000 wasn’t random panic — it was a liquidity-driven move.
First, a thin-liquidity trading pair on an exchange triggered abnormal selling. When liquidity is low, even moderate sell orders can cause sharp wicks. This flushed out overleveraged long positions, activating a cascade of liquidations.
Second, stop-loss hunting played a major role. Price dipped into key support zones where retail traders had placed tight stops. Once those stops were hit, forced selling accelerated the move downward.
Third, macro uncertainty added fuel to the fire. Traders are cautious ahead of economic data and policy signals, so when price cracked, fear spread quickly and bids disappeared temporarily.
📌 Key takeaway:
This wasn’t a trend reversal — it was a liquidity sweep + leverage reset. Strong hands absorbed the sell pressure, and price recovered once weak positions were wiped out.
Smart money uses crashes like this to accumulate, not panic.
🔁 Volatility is the price of opportunity.
$BIFI $ZBT $OG #BIFI #ZBT #og