This $BTC daily chart shows the damage was building before the drop. Lower highs formed near the top and every bounce got sold faster. Once BTC lost the 88k to 84k area, downside expanded quickly. That kind of move usually means leverage is unwinding, not long term holders panic
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This $BTC daily chart shows the damage was building before the drop. Lower highs formed near the top and every bounce got sold faster. Once BTC lost the 88k to 84k area, downside expanded quickly. That kind of move usually means leverage is unwinding, not long term holders panic