📉 $BTC drops to $109,696 after massive whale sell-offs and record liquidations — rebound or drop to $105K?
Bitcoin fell 2.26% to $109,696, pressured by massive whale sell-offs and futures liquidations of $940 million, primarily in long positions.
Technically, the recent death cross between moving averages alerts to a possible prolonged bear cycle, while key support is at $105,000. (cryptonews.com, ainvest.com)
Institutional investors are closely monitoring for strategic buying opportunities.
The current volatility can lead to movements of up to $5,000 in a few hours.
Will you join the buying opportunity or wait for the market to stabilize?
