🚨 Bitcoin Bloodbath – Bottom -To The Moon - Tiger Brokers Online Investing Community

🚨 Bitcoin Bloodbath – Bottom or More Pain Ahead?

Bitcoin dropped 12%, touching a 16-month low near $60K before bouncing back toward $65K. Massive liquidations ($1.7B in long positions) show how heated the market was.

👀 Stocks to watch with BTC volatility:

• IBIT – Spot Bitcoin ETF exposure

• COIN – Crypto exchange sentiment play

• MSTR – Leveraged Bitcoin proxy via holdings

Markets often shake out weak hands before deciding the next trend. Are we seeing a potential support zone… or just a relief bounce?

💬 What’s your view — accumulating, waiting, or staying out?

#Bitcoin #Crypto #MarketVolatility #Trading #TigerTrade

Bitcoin Bloodbath to $60K: Bottom In or More Pain?

Bitcoin plunged 12% on Thursday to a 16-month low near $60,000, before rebounding toward $65,000 as global risk assets sold off. Liquidation data underscore the stress: $1.7B in crypto long positions were wiped out in 24 hours, with roughly 400,000 traders forced out, according to Coinglass. The move suggests a classic deleveraging wave rather than a single-asset shock, tightening liquidity across the complex. Is this capitulation signaling a tradable bottom? Does macro-driven risk aversion mean Bitcoin’s downtrend still has room to run?

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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