Massive Liquidations Shake the Crypto Market
In just 30 minutes, more than $230 million was recorded in liquidations of leveraged traders in the crypto market. Volatility did not forgive, and the sharp movements left thousands of positions out of play.
š» Bitcoin breaks a key support: for the first time in 30 days, the price of BTC fell below $110,000, raising concerns among investors and traders.
š This technical break could open the door to an acceleration of the drop, especially if the bulls fail to recover support levels in the coming hours.
š The market is watching closely: will this be a discounted buying opportunity or the start of a deeper correction?
š¬ Question for the Binance community:
Do you think Bitcoin can quickly recover to $110,000 or are we facing a larger pullback?
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