🚨 Bitcoin (
$BTC ) is dropping sharply, sliding from $112,000 down to $107,000 like a rock off a cliff 📉🔥 Massive long position liquidations are sweeping the market ⚠️. Hopes of hitting $120,000 are fading fast.
While there may still be one final upward move left in
$BTC 🚀, the volume of sell orders is now so dense that market manipulation seems unlikely 💯.
🚨 Market confidence has taken another hit. Just before this
#ATH , funding rates were back at levels seen during the largest futures bets — around 25% annually in
$USDC .
🔥 The end may be near 📉.