$BTC PANIC MODE đš | $5K DROP IN 4 HOURS â SELL-OFF TURNS UGLY
Bitcoin just collapsed over $5,000 in four hours, smashing key support and tagging a fresh 9-month low around $78K. This wasnât a grind lower â it was a full-on liquidation cascade.
Nearly $1B in long positions got nuked as leverage snapped across exchanges. In parallel, more than $160B was erased from total crypto market cap, confirming this wasnât a BTC-only move â it hit the entire market. Stops were triggered, margin calls rolled in, and forced selling fed the fire.
No news. No macro bomb. Just thin liquidity, overcrowded longs, and a domino effect of liquidations. When confidence breaks, markets donât hesitate â they purge leverage.
At this stage, emotion is in control, not fundamentals. And in crypto, thatâs when volatility turns extreme.
Is this the capitulation wick that clears the boardâŠ
or the point where panic deepens even further?
#BitcoinCrash #CryptoPanic #BTCLiquidations #MarketCapBloodbath #CryptoVolatility