
Bitcoin experienced a sharp $4,000 drop over the weekend, triggering $527 million in liquidations and affecting 177,000 traders. The sell-off was structural, not fundamental, driven by thin weekend liquidity and record leverage in futures markets. Key support levels to watch are $84K–$86K (ETF average cost) and $80K–$82K (short-term holder realized price). With the Fed ending QT on December 1 and a likely rate cut expected, experts see this as a short-term correction and a buying opportunity for BTC and major altcoins.
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