You Won’t Believe What Happened to My Bitcoin… 😳

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Oh, for crying out loud. The crypto market-again-decided to throw itself a little pity party overnight. Total market cap? Down 8.92%. Poof. $3.76 trillion? Sure, if you like playing emotional damage bingo. And CoinMarketCap’s CMC20? Now sits at a depressing $239.42. It’s like watching a slow-motion car crash… if the car was your life savings. 🚗💥

The Crypto Fear & Greed Index is now at 35-aka “I regret all my choices.” RSI? A measly 25.97. That’s not oversold, that’s emotionally bankrupt. Investors? Gone. Vanished. Like my chances of a decent bagel in L.A. And Bitcoin? Oh, it didn’t just dip-it faceplanted. Selling pressure? More like a flash mob of panic sellers screaming, “GET ME OUT!” 🏃‍♂️💨

Liquidations So Big, My Therapist Needs a Session

Hold onto your hats-$19.31 billion in liquidations in 24 hours. Yes, *billion*. CoinGlass isn’t even mad, they’re just disappointed. Bitcoin led the charge like a tragic hero: $5.36 billion wiped out. Ethereum? Close behind with $4.42 billion. And get this-1.66 million traders vanished. Not “took a breather,” not “reassessing.” GONE. Poof. Like my faith in prunes. This wasn’t a dip. This was a *leverage flush*. And no, that’s not a plumbing term-I wish it were. 💸

What caused it? Oh, just *Trump* doing Trump things-slapping tariffs on China like he’s seasoning a bad decision. Markets panic. Stocks freak out. Crypto? Always the last to know and first to cry. It’s like being the kid who shows up to a birthday party with a gift… after the cake’s been eaten. 🎂😭

Bitcoin Price: “I’m Fine,” Said No One Ever

Down 6.91% in a day-to $112,759.64. Drops 8.02% in a week. Market cap? Shrunk. Trading volume? Up 141% to $179.86 billion. Great! Everyone’s trading… but mostly running for the hills. Broke below $113K like it was nothing. Hit a low of $104,582. Oof. That’s not a dip, that’s a swan dive into a shallow pool. 🏊‍♂️

Now, there’s this magical level-$109,200. The 78.6% Fibonacci retracement. Sounds like a math class I skipped to eat peanut brittle. But hey, RSI is 24.85-so oversold it could win a sympathy medal. Maybe relief is coming? Maybe. Or maybe the market wakes up tomorrow and decides to liquidate *my optimism*. The big picture? Risk-off. Until macro stuff chills and ETFs stop playing favorites like high school cliques.

FAQs (Because Apparently People Still Have Hope)

Why did Bitcoin crash so hard?
Tariffs, leverage, and investors suddenly realizing this isn’t Monopoly money. Also, stocks sneezed, and crypto caught pneumonia. 🤧

Should I buy the dip?
Well, the RSI is screaming “BUY!” but your broker is whispering, “You always do this.” Institutions are nibbling, sure. But until $109,208 holds, you’re not buying a dip-you’re catching a falling knife. With your face. 😬

What should I watch for recovery?
Clarity on U.S. data, ETF flows that don’t look like they’re run by one guy in a basement, and Bitcoin holding $109K. If it breaks? Might as well short your happiness too. 💔

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2025-10-11 09:46