MrThanks77
#️⃣ #DecemberMarketOutlook
BTC Breaks Below 90K — December Could Become the Most Critical Month of 2024
December has just begun, and the crypto market didn’t wait to remind us who's in charge.
BTC dumped over $4,000 in two hours, hitting $86,161, ETH slipped below $2,900, and $480M+ in long positions were wiped out in a single day.
Nearly 200,000 traders got liquidated overnight.
❗Why the sudden crash?
Four major negative catalysts hit the market at once:
1️⃣ Regulatory pressure returns:
Multiple financial authorities reiterate that “virtual currencies are illegal financial activities.” Panic
BTC Breaks Below 90K — December Could Become the Most Critical Month of 2024
December has just begun, and the crypto market didn’t wait to remind us who's in charge.
BTC dumped over $4,000 in two hours, hitting $86,161, ETH slipped below $2,900, and $480M+ in long positions were wiped out in a single day.
Nearly 200,000 traders got liquidated overnight.
❗Why the sudden crash?
Four major negative catalysts hit the market at once:
1️⃣ Regulatory pressure returns:
Multiple financial authorities reiterate that “virtual currencies are illegal financial activities.” Panic

