š#BTC86kJPShock : Macro-Driven Liquidation Hits Hard*
Bitcoinās sharp drop toward *$86,000* wasnāt driven by crypto news ā it was a *macro shock* out of Japan.
šÆšµ *What triggered it?*
⢠Japanese government bond yields *spiked*, hinting at a possible BOJ rate hike.
⢠The *Japanese Yen (JPY)* surged, pressuring carry traders to *unwind leveraged positions*.
⢠Result? A *massive liquidation cascade* during low-liquidity Asian hours.
š„ Binance & other exchanges saw:
⢠Over-leveraged long positions wiped out
⢠RSI dropped to *extreme lows (6)* ā signaling *total capitulation*
⢠Technicals now suggest a *short-term rebound* to rebalance price action
š¦ Smart money is buying.
Retail panic = institutional opportunity.
This is a *classic leverage flush*ātransferring BTC from weak hands to strong.
#BTC86kJPShock #BitcoinLiquidation #SmartMoneyMoves $BTC
