1. Massive liquidation of leveraged contracts 🔥💣

A slight drop in price leads to the liquidation of many highly leveraged positions, causing a rush of selling and the price to crash within seconds.

2. Massive sell order or human error 🐳🖱️

A person or large entity (whale) placed a sell order at a very low price by mistake or intentionally... and the liquidity was weak!

3. Technical glitch on the trading platform 🛠️💻

Sometimes the cause is a technical issue on the platform like Binance or others, especially on less liquid pairs like WBTC/USDT.

4. Quick rebound after the crash ⚡🔁

After the drop, buy orders are triggered at low levels, causing the price to quickly rebound back to its normal position.

$BTC #TrumpTariffs #BTC #BinancelaunchpoolHuma #BTCBreaksATH110K #DinnerWithTrump