#BTC update: Biggest cascading liquidation crash since May, t | Invetas Signals

#BTC update:

Biggest cascading liquidation crash since May, the price is currently around the cloud's bottom. -20% in basically 2 hours. Most alts went down 30-40% against USD. Insane overreaction on low weekend volume. But the same thing goes for every flash crash - you don't want to be selling at the same price degens are being forced to sell.

Macro conditions remain unchanged - highest inflation in 25 years, interest rates remain at 0, FED keeps printing cash. They're killing the dollar, owning assets is a way out. People considering bear market seem to ignore this. Anyway, can't predict anything short term, BTC overshot the support by a lot. If you stay away from leverage, these are amazing prices to buy anything.
https://s3.tradingview.com/snapshots/u/UHqzyX45.png