π Bitcoin flash crash below $105K!
BTC plunged under $105,000, triggering a wave of liquidations as many altcoins hit new lows since October 11.
π£ In the past 24 hours, over $1.19B in long positions were liquidated β including a $48M BTC/USDT long from a whale on HTX wiped out in a single order π¬
π± The Fear & Greed Index has dropped to 21 β Extreme Fear.
π’ Crypto Learn Academy
BTC plunged under $105,000, triggering a wave of liquidations as many altcoins hit new lows since October 11.
π£ In the past 24 hours, over $1.19B in long positions were liquidated β including a $48M BTC/USDT long from a whale on HTX wiped out in a single order π¬
π± The Fear & Greed Index has dropped to 21 β Extreme Fear.
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Bitcoin is oversold again π
According to Santiment, BTC has entered another oversold zone amid its latest drop.
π Analysts note a growing divergence between Bitcoin and the S&P 500 β while the S&P fell only 1.6%, BTCβs decline was much sharper.
Historically, such decoupling often preceded crypto rebounds as traditional markets recoveredβ¦
But for now, with BTC below $100K, thereβs still no sign of a bounce π’
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According to Santiment, BTC has entered another oversold zone amid its latest drop.
π Analysts note a growing divergence between Bitcoin and the S&P 500 β while the S&P fell only 1.6%, BTCβs decline was much sharper.
Historically, such decoupling often preceded crypto rebounds as traditional markets recoveredβ¦
But for now, with BTC below $100K, thereβs still no sign of a bounce π’
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π¨ LATEST: Bloombergβs Mike McGlone flags a potential move to $56K if $BTC hits $100K, while Glassnode data shows no broad panic.
Deeper slide or routine reset?
β Crypto Learn Academy
Deeper slide or routine reset?
β Crypto Learn Academy
BTC + US shutdown = instant rally πΊπΈπ₯
Government reopens β Bitcoin hits $106K
Apparently, markets love functioning governments (who knew?).
Altcoins up too, vibes restored πΊπ
..but then its price quickly returned to $104K..π
Those who made it, made it.π
β
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Government reopens β Bitcoin hits $106K
Apparently, markets love functioning governments (who knew?).
Altcoins up too, vibes restored πΊπ
..but then its price quickly returned to $104K..π
Those who made it, made it.π
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JUST IN: $100,000,000 worth of crypto longs liquidated in the past 60 minutes
πΊπΈ BIG: US House passes spending bill to end historic 6-week government shutdown.
President Trump is expected to sign the bill tonight.
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President Trump is expected to sign the bill tonight.
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β€1π1π₯°1
π³ Is Bitcoin About to Drop to $87.5K?
π CryptoQuant analysts predict a further correction toward $87,500, citing their Bitcoin Composite Index, which has now fallen below 0.75 β a signal that historically points to deeper pullbacks. π
Looks like a quick bounce back to $100K isnβt on the horizon just yet π’
π΅ Crypto Learn Academy
π CryptoQuant analysts predict a further correction toward $87,500, citing their Bitcoin Composite Index, which has now fallen below 0.75 β a signal that historically points to deeper pullbacks. π
Looks like a quick bounce back to $100K isnβt on the horizon just yet π’
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π¨ ALERT: Bitcoinβs weekly SuperTrend just turned bearish, confirmed by a close below the 50-week MA.
This combo preceded 77β84% drawdowns in prior cycles as sentiment hits βextreme fear.β
π΅ Crypto Learn Academy
This combo preceded 77β84% drawdowns in prior cycles as sentiment hits βextreme fear.β
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πΊπΈ BULLISH: Fed President John Williams says thereβs still βroomβ for a near-term rate cut as inflation risks ease and the labor market cools.
π΅ Crypto Learn Academy
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Bitcoin is facing its weakest November since 2022
The ongoing decline makes this November the worst for BTC in three years, contrasting sharply with previous yearsβ stronger monthly performance.
π΅ Crypto Learn Academy
The ongoing decline makes this November the worst for BTC in three years, contrasting sharply with previous yearsβ stronger monthly performance.
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π₯ BULLISH: A new wallet matching Bitmineβs usual withdrawal pattern received $80.8 million in $ETH from FalconX, indicating Tom Lee is continuing to buy the dip.
π΅ Crypto Learn Academy
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Bitcoin Block Took 17 Minutes to Mine Yesterday π
Miners unusually spent 17 minutes finding a new BTC block instead of the usual ~10, sparking discussions across the network.
Such delays arenβt unheard of:
β’ One of the longest confirmed intervals was 85 minutes.
β’ Other documented cases stretched to 2 hours 19 minutes.
β’ The ultimate record remains between the Genesis block and block #1 β over 5 days.
Long block times typically happen when the hashrate drops, meaning fewer miners or temporarily disconnected hardware, slowing down the discovery of the next block.
π΅ Crypto Learn Academy
Miners unusually spent 17 minutes finding a new BTC block instead of the usual ~10, sparking discussions across the network.
Such delays arenβt unheard of:
β’ One of the longest confirmed intervals was 85 minutes.
β’ Other documented cases stretched to 2 hours 19 minutes.
β’ The ultimate record remains between the Genesis block and block #1 β over 5 days.
Long block times typically happen when the hashrate drops, meaning fewer miners or temporarily disconnected hardware, slowing down the discovery of the next block.
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π₯ BULLISH: Texas buys the Bitcoin dip, acquiring $5M of BlackRock's IBIT spot ETF and allocating another $5M for direct self-custody BTC.
Which state will be next to follow?
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Which state will be next to follow?
Crypto Learn Academy
β€1
π§Έ Crypto Fear & Greed at Extreme Fear (24)
The market is sitting at 24, signaling Extreme Fear.
CZ reminds everyone: βItβs better to sell when there is maximum greed, and buy when there is maximum fear.β π€·ββοΈ
Meanwhile, Bitcoin has bounced back to $87,000 after dipping to $85,000 yesterday. π
Are you ready to buy when the market is scared? π
π’ Crypto Learn Academy
The market is sitting at 24, signaling Extreme Fear.
CZ reminds everyone: βItβs better to sell when there is maximum greed, and buy when there is maximum fear.β π€·ββοΈ
Meanwhile, Bitcoin has bounced back to $87,000 after dipping to $85,000 yesterday. π
Are you ready to buy when the market is scared? π
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