$BTC
"๐ Bitcoin Crash Breakdown: Why Dropped to $102K
๐ Key factors:
1. ๐งฉ Macro & Geopolitics: Cooler inflation data reduced hopes for Fed rate cuts, and Middle East tensions drove investors to safe-havens.
2. ๐ Technicals: $BTC hit resistance at $110K-$111K, triggering profit-taking and selling.
3. ๐ฅ Liquidations: $730M+ in leveraged positions liquidated, adding to downward momentum.
๐ฎ What's next?
- Short-term: Support at $100-$102K. Break below = $95-$98K?
- Mid-term: Rebound possible if $100K holds and macro factors improve.
๐ฌ Your thoughts? Will $BTC rebound to $110K or dip to $95K? Share your analysis! ๐"