Bitcoin ($BTC )'s bullish momentum fades as long liquidations surge! BTC dropped 6% in the last two hours, now trading near $82,000.
Key Market Insights
Leverage Wipeout: ~$180M in BTC long liquidations, pushing total crypto market liquidations to $500M.
Leverage Ratio Declining: Traders are avoiding risk after March’s heavy liquidations, suggesting lower volatility ahead.
Whale Activity Spikes: Large BTC holders bought 19,980 BTC ($1.63B) in early April, potentially acting as a support level.
Will Bitcoin Drop Below $80K?
Whale accumulation may help stabilize BTC above $80,000, but continued tariff-related economic uncertainty poses risks. If spot market demand returns, BTC could retest $90K, but macroeconomic conditions remain a wildcard.
Next FOMC Meeting – What to Expect?
With tariff tensions high and inflation fears rising, investors are waiting for the Fed’s next move. Market sentiment remains fragile, and policy shifts could determine Bitcoin’s short-term trajectory.
Will Bitcoin recover, or is another drop coming? Share your thoughts in the comments!
