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This is insane.🤯
On Monday, $BTC pumped to $80,500 and liquidated $510M.
On Tuesday, it kept moving higher to $81,600 and wiped another $387M.
Then in the last 24 hours, BTC pushed to $82,700 before dumping hard to $79,500 today, liquidating another $635M.
That’s $1.53B in total crypto liquidations in just 3 days.
Now the setup is interesting.
There’s sizable liquidity sitting above in the $83,000–$85,000 range.
But below, between $77,000–$80,500, the liquidation clusters are much larger.
That makes the downside the higher probability zone for now.
Bears may have the next move.
#GateSquareMayTradingShare
#BitcoinFallsBelow80K