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Bitcoin falls below 99,000, panic sentiment completely out o

Bit_Rase

Updated at: 2 hours ago

{"content":"Bitcoin falls below 99,000, panic sentiment completely out of control At 9:40 AM today, Bitcoin officially fell below 99,000 dollars, hitting a low of 98,980. This drop caused the market to erupt, leading to a wave of panic selling. The 24-hour decline has expanded to 7.67 points, with the total liquidation amount exceeding 2.065 billion dollars, of which long positions accounted for 1.675 billion, and over 480,000 people were forcibly liquidated. A BTC long position worth 47.87 million dollars on HTX became the biggest victim. The fear and greed index has fallen to 23, and market sentiment is extremely fearful. CryptoQuant analysts warn that if the 100,000 dollars cannot be regained, it may drop to 72,000 dollars in the next 1 to 2 months. Since the epic liquidation on October 10, market demand has been shrinking, and ETF fund flows have turned negative. In this situation, we really need to be extra cautious.","images":[],"tags":[],"tradingPairs":["BTC/USDT"],"quotearticleid":0}

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