đš $1.1B Liquidated â Is a 30% Bitcoin Crash Coming?
Bitcoin just plunged to $107K, hitting the bottom of its local range right after the Fedâs 25 bps rate cut â a move that shockingly triggered one of the biggest liquidation cascades of the year.
In just 24 hours, more than $1.1 billion in crypto longs got wiped out as traders bet on a âpost-Fed pumpâ⊠but the market flipped the other way, flushing out overleveraged positions and resetting liquidity.
This isnât new â itâs classic Bitcoin behavior around FOMC events: first the shakeout, then the comeback.
As trader @CrypNuevo explained, âNothing to panic about â price is simply rebalancing the market structure.â
Still, analysts caution that if stocks turn south, Bitcoin could drop another 20â30%, similar to previous macro pullbacks.
But hereâs the exciting part â every deep liquidation this year has been followed by massive accumulation and explosive rallies.
With ETF inflows steady, Fed easing in play, and global liquidity rising, the stage might be set for Bitcoinâs next major rebound.
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