🚨 Bitcoin Flash Crash – BTC Breaks Below $113K! 🚨
Crypto markets just got rocked. Here’s what went down 👇
📉 Why BTC Crashed:
💰 Whales Took Profits
An old wallet moved $4.8B in BTC — panic followed.
Triggered $450M in liquidations & $3.5B in market losses.
🚫 $120K–$123K Rejection
BTC failed multiple times at key resistance.
Bearish candlestick pattern = sellers in control.
🌐 Macro Tensions
New U.S. tariff fears hit global markets.
Investors locked in profits to reduce risk.
⚠️ Weak Technical Signals
Bearish divergence: RSI fell while price rose.
NUPL indicator flashing levels seen before local tops.
🧠 Key Support to Watch: $113.6K
Lose it → $110K–$104K becomes likely.
Hold it → Possible bounce to $115K–$116K.
📌 Game Plan:
• Short-term: Watch $115K reclaim for relief rally.
• Long-term: Eye $104K–$110K for possible accumulation (only if fundamentals stay solid).
• Macro: Track Fed moves, tariffs & global headlines — they’re steering sentiment.
Crypto moves fast. Stay sharp. 🦅