$BTC down down š
ā Short perpetual
buy : 109100$
target : 108500$ to 107800
stoploss : 109800
- *Recent Liquidation*: A major trader, James Wynn, was liquidated for 240 BTC worth $25.16 million. Although he closed part of his position, he still holds 770 BTC with a liquidation price of $104,035, which could lead to further selling pressure.
- *Market Volatility*: Bitcoin's price has been fluctuating, and the current price is around $109,226, with a 3.46% increase today. However, the market can change rapidly.
- *No Single Reason*: Sometimes, cryptocurrency prices drop due to a combination of factors rather than a single event.