✉news BusinessCrypto first seen 9 h ago, last 7 h ago, peak #11
Bitcoin Bulls Hit With $487 Million Liquidation Wave
Original: Bitcoin’s $250K ‘Prophecy’ Under Fire as Bulls Suffer $487M Liquidation Wipeout
Bitcoin is under pressure after a sharp sell-off triggered roughly $487 million in liquidations, mostly hitting traders betting on higher prices. The downturn is drawing criticism of bullish forecasts calling for Bitcoin to reach $250,000, with skeptics saying the market's volatility undermines such predictions. Traders and analysts are debating whether the wipeout marks a temporary correction or a warning for over-leveraged positions.
Why now: The large liquidation event and its clash with high-profile $250,000 price predictions are fueling debate among crypto traders and analysts.
Rank over time, top of the chart is #1. 3 snapshots from 9 h ago to 7 h ago.
Evidence
API: https://socialmediatrends-api.osmike.com/v1/trends/1349862