🌊 Why Is Bitcoin Drowning?

A liquidation tsunami flushes Bitcoin below $87,000.

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Gm and Happy Monday!

Bitcoin is having a rough, rough day at the office. Down 7% and trading below $87,000, while the rest of the market drowned in a $1.5 billion liquidation tsunami.

Strategy may need a strategy to deal with days like this if there’s more bearish price action to come. MSTR is down bad today — here’s why. 

Plus, the market isn’t settling down anytime soon—so how do you trade it? Join Nic Chahine live on February 26 at 6 PM ET as he walks through his best short-term trading strategies.

TOP STORY

Bitcoin is not ok.

King crypto is down for the third day in a row and today is particularly bad, as the 7% downturn has flushed out over $1.5 billion in long positions and taken down the entire crypto market.

Is there any hope Bitcoin can recover from this soon?

SPECIAL OFFER

The market isn’t settling down anytime soon—so how do you trade it? Join Nic Chahine live on February 26 at 6 PM ET as he walks through his best short-term trading strategies.

QUICK N DIRTY

Bitcoin and the rest of the market are having a torrid time (you probably got that by now). Analysts have identified three reasons for why that is.

Altcoins need two things to cook: a bull market and good liquidity. Unfortunately, both ingredients seem to be off the menu and altcoins have left a bad taste…

Dogecoin may have one final leg up, according to a prominent analyst. But will that be enough for new highs or is it a dead dog bounce?

FINTECH FOCUS

Michael Saylor’s Strategy is predictably suffering from Bitcoin’s downturn on Tuesday.

The stock is down 10% amid increasingly bearish sentiment for the crypto market.

What’s next for MSTR?

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