Bitcoin: Crashes Below $81,000 in 10-Minute Drop
@BullTheoryio reported Bitcoin plunging $1500 in ten minutes below $81000, Ethereum dropping under $2350, and over $400 million in long liquidations occurring within 15 minutes.
SourceAnalysis
Bitcoin plunged $1500 in ten minutes below $81000, Ethereum fell under $2350, and more than $400 million in longs were liquidated in 15 minutes, according to @BullTheoryio.
On the 4h chart, Bitcoin trades inside the Bollinger band with price testing lower support at $81383.48 while the EMA50 at $83205.83 caps upside in a bearish structure confirmed by the MACD death cross at -336.75 and neutral RSI at 37.84.
Bull Theory
@BullTheoryioResearch, Trades, onchain plays and all other crypto stuff simplified.Publishes institutional-grade cryptocurrency research and blockchain market intelligence. Delivers in-depth analysis of on-chain metrics, tokenomics, and decentralized finance (DeFi) ecosystems. Features proprietary data models, investment thesis breakdowns, and macro-level crypto trend forecasts. Provides strategic insights for sophisticated investors navigating digital asset markets. Maintains rigorous methodology in fundamental and technical analysis across crypto assets.