In just a few hours, Bitcoin plummeted from the peak of $124K down to below $117K, wiping out tens of billions in market capitalization.
🔥 Altcoins are all in the red – many coins dropped more than 15–25% in the blink of an eye.
🔥 Investors are panicking, taking profits en masse – the market has turned into a real battlefield.
💡 Reason for the shocking drop:
Huge profit-taking sell-off after BTC hit ATH.
Whales are taking the opportunity to 'dump' to depress the price and buy back.
The previous FOMO quickly reversed into FUD.
🚨 Upcoming trend:
If BTC cannot hold the $115K–$117K range, the risk of dropping deeper to $110K is entirely possible.
This could be the shakeout before BTC rebounds – or the beginning of a stronger correction.
Short-term investors need to buckle up and manage risk closely.
💬 Hot question: Will you cut losses, stay out… or bravely buy the dip?
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