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CryptoMagnetMaster
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Bearish
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$BTC
Its gonna come down heavily.
My Futures Portfolio
1
/ 200
Minimum 10USDT
Copy
Copy trader have earned in last 7 days
167.78
USDT
7D ROI
+5.38%
AUM
$2358.34
Win Rate
100.00%
Copy trading is high risk. Be careful and see
Risk Warning
.
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content.
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BTC
110,968.39
-3.39%
84
0
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CryptoMagnetMaster
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I dont think its going to touch 1,24,000 again..
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$BTC Bitcoin liquidations surged to $128M (97% longs) as prices broke below $117,500 support. Open interest rose 17% to $925B, signaling over-leveraged positions vulnerable to volatility.
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Why BTC is going down?🧨❌🚫‼️ What happened: In 1 day, $126M of trades were forced to close (liquidations) because bets on Bitcoin going up were wrong. Most of these were long bets. 💥📉 Why it happened: Huge borrowing for those contracts made them very leveraged. When Bitcoin dropped, those bets went boom. 💳⚠️ How it affected prices: Too many people were betting on a rise, so once BTC fell below about $115K, losses piled up fast for many traders. 📉😬 What to watch next: If Bitcoin slides to around $112K, more liquidations could happen. 🔎💸 Big picture note: The total value of perpetual futures open was around $911B, showing extreme leverage in the market. 🏗️💼 Quick technical hint: Some traders watch the 38.2% Fibonacci retracement level, which here lines up with a market cap around $3.84T as a potential support zone. 📐💎
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I told my friend to close this trade in the beginning only. Still he is continuing the trade🙏$XRP
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Trading is nothing but patience and sticking to plan. $BTC I would suggest trading in BTC much better than trading other coins because most of the coins charts not able to analyse because they are controlled by whales and founders. #BTCReclaims120K #BTC
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