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OMG Over 208,000 traders got liquidated in $BTC crash. Around $1.76 billion vanished in last 24 hours , with Bitcoin alone crushing nearly $800 million. And the scary part? Dump is not Over 🚨🤯
Everyone was shouting “buy the dip” near the top, but BTC dropped from the 74k area toward 61k. This is exactly why I kept warning that the market was not in a clean buying zone. The market gives hope first, then takes liquidity.
Now BTC is trying to bounce, but the 4H chart is still showing a bearish structure. Price is forming a bear flag after the dump, which means this bounce can still be a trap before another leg down.
My key rejection zone is 64,000to 64,800. If BTC reaches this area and gets rejected, I will treat it as a short setup.
Entry: 64,000 to 64,800
Keep stop loss above 66,000
Targets:
TP1: 63,200
TP2: 62,500
TP3: 61,500
TP4: 60,000
If BTC loses 60k with strength, the next bigger zone can be 55k to 50k.
Most likely it will dump to 60k then it will consolidate for sometime around this region .Buyers will enter and small bounce will come and people will scream Bull run bull run and then BOOOOOOOOM a big dump wiill come 🫠
Didn't I tell everything beforehand ? I'm screaming since 29 May when BTC was at 74k that it will dump definitely towards 60k and it happened .I kept booking profit at different prices ..
For spot buyers, don’t go all in at one level. Use small batches near 60k, 55k, and keep cash ready for 50k if the market gives it.
For now, BTC is not bullish until it reclaims and holds above 65,500. Below that, every bounce is still suspicious.
PandaTraders not only saved you from liquidation but also Made you insane money 💰 Deserves appreciation 🔥
$ETH ETH and $SOL SOL will dump more retracing Bitcoin 🩸