BTC drops from 94k to 91k. Why is there volatility amid strong liquidity?
Today, BTC experienced a rollercoaster: this morning, it briefly surged past $94,600 but quickly retraced to the $91k-$93k range, currently stabilizing around $93,000-$93,800.
Despite the global liquidity rebound, with the Fed injecting funds and M2 surging, fueling the bull market, why is the price still correcting? Don’t worry, this is often normal market behavior.
The main reasons for the correction are short-term factors:
1. Rapid rally triggers short squeeze (over $400 million liquidated in 24 hours), profit-taking
Today, BTC experienced a rollercoaster: this morning, it briefly surged past $94,600 but quickly retraced to the $91k-$93k range, currently stabilizing around $93,000-$93,800.
Despite the global liquidity rebound, with the Fed injecting funds and M2 surging, fueling the bull market, why is the price still correcting? Don’t worry, this is often normal market behavior.
The main reasons for the correction are short-term factors:
1. Rapid rally triggers short squeeze (over $400 million liquidated in 24 hours), profit-taking
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