$BTC Drops 5% — My Analysis Says a Bull Run Is on the Way
Bitcoin’s sharp move from $124K down to under $118K in less than an hour wiped out around $577M in leveraged positions. It’s the kind of shakeout that often clears weak hands from the market.
From my analysis, this isn’t the end — it’s the setup. Large-scale liquidations like this tend to reset funding rates, remove excess leverage, and create conditions for the next bullish leg.
I’m avoiding futures for now and focusing on spot entries. My key watch zone is $121K–$122K; a break and hold above could confirm bullish momentum.
In my experience, these moments of panic often precede strong recoveries — and I’m preparing for what could be the start of the next push higher.
