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Trading King

08/20 14:35

Why is Bitcoin crashing

Why is Bitcoin crashing and will $112K be the final bottom?

Bitcoin’s drop below $113,000 reflects investors’ worries about the US economy, stock markets and crypto, but the volatility does not end BTC’s long-term bullish trend.

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  • Bitcoin’s options market signals extreme fear, but historical patterns show potential for significant rebounds.

  • Global economic pressures from US trade tariffs negatively affected traders’ sentiment.

Bitcoin

 fell below $113,000 for the first time in over two weeks, surprising traders and triggering the liquidation of $113 million in leveraged long positions. The sharp decline followed the $124,176 all-time high on Thursday, raising questions about whether the bull market is over as the macroeconomic environment grows more uncertain.
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