#BitcoinFallsBelow$77,000
Big B just pulled another wild U-turn, crashing below the 77k mark and now gasping around $75,862! 📉 A lot of you are anxiously asking whether some exchange has been “visited” again, like in that rumor on 29/10.
Looking at the Coinglass chart, what’s going on? The red volume bar is sky-high, alongside Open Interest (OI) plunging straight down from 96K to 92K. It’s clearly a liquidation wave wiping out a bunch of Long positions—not some hack or anything. The whales are just taking advantage of the situation!
Could it drop below 70k? With selling pressure like this, the 74k–75k zone is the last line of defense. If that breaks, it’s straight on to 70k, folks! What should traders do now? Sit tight, close the app, and protect your wallet—don’t be foolish and jump in front of the train!
This is not financial advice.
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