Bitcoin Nears $100K Support
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•Crypto Market Crash: BTC, ETH, DOGE Lose Crucial Support, What's Next?
61% Informative
Bitcoin (BTC) has dropped from its crucial $ 100 K support level, and analysts predict a potential 25% pullback.
Analysts, including Justin Bennett , foresee a potential bottom for the crypto market around a Dollar Index ( DXY ) level of 110 .
Liquidation numbers soared to more than $1 billion with the Bitcoin price dropping all the way to $ 95,000 levels.
Altcoins like ETH , SOL, DOGE are seeing even greater selling pressure correcting 8-13% .
Dogecoin price today corrected by a massive 13.5% moving all the way to $ 0.31 as of press time.
With this, the world’s largest meme coin has extended its weekly losses to more than 22% .
The 24-hour liquidation data from Coinglass shows a 20% drop in open interest and $55 million in DOGE liquidations.
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