Why did the price of $BTC drop sharply after touching the level of $108,899? The answer is liquidity; the price of $BTC decreased to attract new liquidity. After confirming the breakout, many traders opened long positions thinking it would exceed its all-time high. But the truth is it will, but only after attracting liquidity from both sides.
What do you think about the next move for the price of $BTC? Will it collapse sharply to $100,000 or is it on its way to break its all-time high? If the market stays above $104,000, it might reach its all-time high, but due to strong manipulation, no one can predict the market direction at this time. I will update the situation as soon as the direction becomes clear. I advise you to hold your capital and avoid trading at this time. #MetaplanetBTCPurchase
