@drogan
๐จ BTC drops to $63K as US-Israel launches strikes on Iran
๐ฅ US and Israel launch coordinated strikes on Iran โ the most serious geopolitical event of 2026. Israel's Defense Minister declares nationwide state of emergency.
๐ BTC ~$63,000 (-5% in minutes). $100M longs liquidated in 15 minutes. SOL, ETH, XRP down 6%+.
๐ง Why does BTC crash on weekends? BTC trades 24/7 โ when stocks and bonds are closed, BTC becomes the pressure valve for all risk-off sentiment.
๐ Context: F&G already at 10 Extreme Fear ยท ETF turned outflow (-$27.5M) ยท Funding negative ยท Hot PPI killed rate cut hopes.
๐ฎ $60K is the key psychological support. Institutions are buying put protection below this level. Monday stock market open will determine the next trend.
โ ๏ธ For informational purposes only, not financial advice.