Bitcoin: Dumps at US Market Open on Manipulation Claims
Bitcoin drops sharply at US market open for second straight day with over $200 million liquidated as traders flag recurring pattern.
SourceAnalysis
Bitcoin and ETH both sold off hard at the US market open on Monday and Tuesday, triggering more than $200 million in liquidations within 24 hours according to @BullTheoryio.
The pattern echoes earlier warnings from the account about coordinated selling pressure around 10am ET. Two consecutive sessions do not confirm manipulation on their own, yet the repetition has drawn renewed scrutiny from traders who have tracked the behavior over the past year.
BTC trades at $63525.81 beneath both the EMA50 at $64408.43 and EMA200 at $63755.7, locking in a bearish trend structure while the MACD death cross at -217.23 keeps downside momentum intact. With price pressing the lower Bollinger band near $63497.27 and RSI at 34.3 still neutral, the next move likely targets that support zone before any relief rally can develop, shaping near-term BTC price prediction models amid broader crypto market crash concerns.
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.
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