Crypto Market Crash Looming Due to Profit-Taking and Leveraged Liquidations We talk about how the crypto market will eventually crash because people who bought in the bear market are sitting on a lot of profit. Eventually, it makes sense for them to take some of that profit off the table. As enough people get into that position, the prices could drop to a point where those who took out loans against their Bitcoin at $70k get called and lose their holdings if the price drops to $60k. The speaker suggests that them taking profit, along with 10 million other people, could easily drop the price to $60k, triggering these leveraged cascading events where one liquidation leads to the next, essentially screwing over those involved. Disclaimer: All of my videos are strictly personal opinions. Please make sure to do your own research. Never take one person's opinion (including my own) for financial guidance. There are multiple strategies and not all strategies fit all people. My videos ARE NOT financial advice. I AM not a financial adviser & this is not financial advice. #Crypto #CryptoNews #Bitcoin #BTC #ethereum #eth #ripple #xrp #chainlink #quant #polygon #cardano #hbar #cosmos #xlm #algorand #cryptocurrency #web3 #security #cryptotrading #WAGMI #CryptoMarket #BearMarket #Profit #Loans #LeveragedEvents #CascadingLiquidations Check out linktr.ee/jtknowsthings and my YouTube for more info @jtknowsthings 🙏🏼and join our Facebook Group @ We Know Things *DISCLAIMER: This video is not to be interpreted as financial advice. I am not a financial advisor, and this content is purely for entertainment purposes only. ALWAYS do your own research