BTCDro

🚨 Intro:

Bitcoin shocked the crypto market today by touching a new all-time high of $108,899 — only to suddenly reverse and drop sharply within hours.
So… what triggered the sell-off? Let’s break down the real reasons behind the flash correction — and what it means for traders next.
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🔍$BTC Hits ATH… Then Drops – Fast!
At 10:08 UTC, Bitcoin touched $108,899 on Binance. Minutes later, heavy selling pressure pulled the price back below $105,000, triggering liquidations across leveraged long positions.
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🧠 3 Key Reasons Behind Bitcoin’s Drop:
1. Whale Profit-Taking
Large wallets moved over $600M in BTC to exchanges within 30 minutes of the ATH — a clear sign of profit-booking at the top.
2. High Funding Rates
BTC perpetual futures funding rates hit extreme highs — making long positions too expensive. That often signals an overheated market and sparks short-term corrections.
3. CPI Inflation Data Leak
A leaked U.S. CPI figure circulated in private channels minutes before the official release — hinting at stickier inflation. That caused temporary fear of delayed Fed rate cuts.
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📉 What’s Next for BTC?
Support Zone: $102K–$105K is now key to holdResistance: $110K remains the breakout targetVolume Insight: Exchange inflows are rising — expect volatility this weekShort-term holders should stay cautious, while long-term bulls may view this as a healthy correction in a strong uptrend.
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💡 Pro Tip for Traders:
Use tighter stop-losses when BTC nears ATHs, and avoid chasing green candles during whale selloffs. Monitor on-chain flows and macro events
✅ Summary:

Bitcoin’s brief visit to $108,899 was historic — but rapid whale moves, overheated funding, and macro noise triggered a swift correction.
Still bul
lish? Watch for recovery above $110K with strong volume.

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