📉 Bitcoin's Drop Today.. What is Happening?
🚨 BTC Price Below the 105,000 Barrier!
Today, the cryptocurrency market experienced a sudden blow with Bitcoin's decline after a strong upward wave! 💥
But what is the reason behind this sudden drop? Here are the details 👇
🔻 1. Massive Long Liquidations:
A wave of long liquidations caused significant selling pressure on the market.
🌍 2. Rising Global Tensions:
Trade tensions between the US and China have sparked fear, pushing investors towards safe assets and away from cryptocurrencies.
📊 3. Strong Technical Resistances:
Bitcoin faced a wall of resistance above 111K, and with weak momentum, it began to decline.
⚠️ 4. Negative Regulatory Statements:
Fears of tightening economic measures coming from Washington have cast a shadow over the entire market.
💬 Is this a temporary drop or the beginning of a major correction?
The future is still uncertain, but the current volatility presents an opportunity for close monitoring... and perhaps for smart buying 😉
🔁 Share your opinion in the comments:
Do you see the drop as an opportunity? Or are you afraid of further declines?
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