cryptocurrencies It’s another terrible day for and altcoin investors are forced to face even bigger losses. BTC also lost 102 thousand dollars. If $107,000 cannot be recovered and the negativity continues, Bitcoin 
$104,050.19It will not be surprising if it makes deeper bottoms.
Bitcoin Drop
BTC is falling further with each new hour. ETF The average cost of investors is much higher and the whales’ ongoing selling is pushing Bitcoin. Bullish altcoins such as BNB Coin lost important thresholds. Most cryptocurrencies are trying to survive with losses exceeding 5 percent.
The $100,200 and $98,400 levels seem to be the next stops. If we start to return from the bottom and the daily bearish candle creates a larger wick, its tip may reach these levels. Big liquidations As a result of this situation, liquidity has weakened at lower levels. We saw $954 million worth of long liquidations in the last 24 hours, $342 million of which were BTC and $240 million ETH positions.
While open positions decreased by 6 percent, the short rate is dominant. Among the top 100 cryptocurrencies, SPX, PENGU, 2Z, ENA, IP, CRV are at the top with losses between 42% and 26%. ICP,DCR, DASHXMR and especially privacy altcoins remain interestingly strong.
