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At $80,000, Bitcoin is now down around 27% from its all-time high of $109,000.
Is that a big drawdown for Bitcoin? No... Source: Charlie Bilello
🚨74% of bitcoin losses came from holders who bought in the last month
🚨Newcomers are getting shaken out. Source: Quinten | 048.eth @QuintenFrancois on X, Glassnode
Bitcoin and TQQQ (3x QQQ) have moved in tandem for a long time.
Looks like BTC wants "this" even lower. Source: The Market Ear
Bitcoin under $90k...
here's a compilation of the best crypto liquidation memes on X
It's the liquidity stupid...
Bitcoin $BTC is finally catching up with the drop of liquidity (with a 10 weeks lag). The good news is that Global M2 is accelerating again (but due to the lag risk assets should resume uptrend later on - all other things being equal of course...) Source: Bloomberg, Joe Consorti
Strategy $MSTR, formerly known as MicroStrategy, has plummeted 48% since its November 21 all-time high 🚨
That's a total market cap loss of roughly $70 Billion
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