🔎Latest updates on
$BTC 💹 According to the provided market data,
$BTC is trading at $85,233.98, suffering a sharp -6.81% decline as global markets react to macroeconomic shocks.
🛡️ According to The Economic Times, the primary catalyst for this crash is the Bank of Japan signaling a potential rate hike for December 19. This has disrupted the "yen carry trade," forcing a rapid unwind of risk assets and triggering a liquidation cascade across crypto markets.
📈 According to technical analysis, Bitcoin has sliced through the $88,000 support level. The market is now testing the $85,000 liquidity zone; a daily close below this could open the path to $80,000 as "Extreme Fear" takes hold.
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⚠️ Remember that every investment decision is personal, and this content does not constitute financial advice.
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