Bitcoin Frets and Fears: The Great Crash of 2025! 🚨💥

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Key Takeaways

Just How Far Did Bitcoin Drop From Its Fancy Highs?

Oh, woe is Bitcoin! From a dazzling $126,000 to a mere $97,031 on 14 November-losing 23% faster than Grandma can knit a scarf! It’s like the crypto giant decided to do a belly flop into a puddle. 💧🤦‍♂️

What’s the Bloody Damage from the Liquidation Mayhem?

The carnage shook the crypto world-nearly half a billion dollars vanished quicker than a magician’s rabbit! A whopping $448.48 million in leveraged longs got splattered across the exchanges. Poof! Gone! 🐇💸

Bitcoin knocked itself below that spooky $100,000 wall on Friday, plummeting all the way down to $97,031-just to remind everyone that sometimes, even the tallest towers can tumble. The poor thing lost almost 3% in a day, extending its gloomy descent from the October high of $126,000-a grand adventure in regret! 🚀➡️💧

Now it’s trading at levels last seen in early 2025, wiping out five months of shiny gains quicker than you can say ‘Market Crash!’

Liquidation Whoopee: The Carnage Unleashed!

Leverage traders… oh, they really are such hopeful souls, betting their hats on a soaring Bitcoin. But instead, they got their fingers burnt-$448.48 million gone, poof! Across the biggest platforms, hyperliquid was hit the hardest with $177.098 million evaporated, followed by Bybit’s $134.365 million and Binance’s tiny $20.92 million-because less is more, right? 😂🕳️

The data shows longs outnumbering shorts’twelve-to-one, which is about as balanced as a one-legged stool. Traders who thought they were surfing to new highs ended up face-planting as the support gave way, leaving them clutching their chins and their empty wallets. 🙃💸

Every exchange from OKX to Gate.io to HTX joined the party, reporting a tsunami of liquidations-a real systemic overleveraging blowout! The crypto rollercoaster kept thundering along, but now with fewer hands on deck.

Technical Breakdown: The Chart’s Cry for Help

The chart shows Bitcoin breaking below its 20-day moving average near $106,000-like a lumbering giant tripping over its own feet. Once that $100,000 mark was shattered, it was like watching a tower of Jenga crash down. Support? Nah, it’s hiding somewhere between $94,000 and $95,000-good luck finding it! 🎢📉

Volume shot up during the selloff-no fooling-meaning genuine panic, not just someone throwing a penny into the machine. Looks like forced selling and margin calls took over-just another day in crypto paradise, right? 🙈💥

Well, What’s Next? The Crystal Ball Gasping for Air!

Despite all the drama, Bitcoin’s up about 15% this year. It kicked off 2025 around $102,000, hit $126,000 in October, and now-well, it’s been quite a rollercoaster! 🎢🎉

So, is this just a healthy reset-like a good bath after a muddy mess-or is it something nastier? The key support zone is around $94,000-$95,000. Hold that line, and the bulls might come charging back. Break it? Then it’s another wild ride into the high $80,000s. Hold on tight! 🤡🔮

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2025-11-14 21:16