$BTC Drops Below 80K! Liquidations Are on the Rise! 🚨
#Bitcoin has once again fallen below the $80,000 level in the past few minutes, triggering liquidations. Everything I told you is coming true, one by one. The total crypto market has once again seen nearly 700M in liquidations.
Compared to previous drops, the volume has decreased, which shows that people are now being a bit more cautious and that traders are being careful.
Even though the price is holding up for now, the decline in glob...
In June, CZ said there was no need to panic… and then Bitcoin rose about 40% to its next peak
And now he’s back with a new message: Every time people said Bitcoin was dead, attractive buying opportunities emerged later
When fear prevails, people start looking for a way out, and when the rally returns, they wish they had bought during the panic
Will history repeat itself, or does the market have a different story this time
$ASTER $FORM $BNB
Bitcoin Price Suddenly Dumps Below $80K as Liquidations Surge to $670M
💔 Bitcoin has dropped below $80,000 for the second time in ten days, leading to a significant downturn in the altcoin market.
📉 Over 210,000 traders have faced liquidations in just one day, with total wrecked positions soaring to $670 million, including $220 million from long positions.
🚨 Major altcoins like ETH, BNB, and XRP have also seen substantial declines, with some experiencing drops of over 10%.
$BTC BACK AT 80K SUPPORT ... Bulls Under Pressure Again
Bitcoin is once again testing the crucial 80,000 support zone.
Still looking bearish ... Sellers are keeping the pressure on.
If 80K breaks with confirmation, I see more downside towards 77,500 – 75,000.
A bounce is possible, but bulls need to reclaim 83,000 – 84,500 to regain strength.
Still weak ... Still dropping ... No clear bullish reversal yet.
Watch 80K closely. This level matters
Trade on $BTC
{future}(BTCUSDT)
Why did $ORDER drop? The hourly close was almost negative, with only half a green candle, which indicates more negativity than positivity. Furthermore, the currency's volatility is abnormal, with high volume but no impact, unlike $BIRB, which also has high volume but no upward impact. It rose 100% and then stalled. Currently, it might retest the 0.06400 area, and if that fails, it could drop to the 0.05700 area and retest again, potentially leading to a slight rebound. Otherwise, the situation ...
Bitcoin $BTC has lost the $81,500 support on the 4H chart and is now trading around $80,740.
The rejection from $84,500 was aggressive, and buyers have failed to reclaim the levels that would put them back in control.
$81,500 is now the level to recover. If BTC continues to trade below it, $79,500 is the next major support.
Reclaim $81,500 and the door opens for another attempt at $83,500.
For now, the market needs to prove buyers are ready to step back in.
#BTC