๐ฅ Headline:
๐จ Bitcoin Dumps Below $110K! Is Altseason Closer Than We Think? ๐ฅ๐ฅ
---
Article for Binance Square
The crypto market just reminded us whoโs boss! ๐โก๏ธ๐ป In the last 24 hours, Bitcoin (BTC) plunged below $110K, wiping out $900M in long positions across major exchanges. ๐ฑ
This sharp drop came right after optimism around rate cuts faded. ๐ Analysts now suggest $BTC could retest the $105K zone before any significant bounce.
๐ก Whatโs next?
Altseason Delay? Bitfinex analysts believe that the next altcoin rally wonโt begin until more crypto ETFs enter the market.
Investor Sentiment: Fear & Greed Index is leaning towards fear, signaling caution among traders.
Meanwhile, $ETH Ethereum is still struggling to break past $5K, and meme coins remain volatile. ๐ or ๐ณ๏ธ? Time will tell!
๐ Question for you:
Do you think $105K is the bottom or will BTC dive deeper? Share your thoughts in the comments!
---
โ Hashtags: