bitcoin crashing due to this
Altcoin Daily·2026-02-17 20:09
why Bitcoin crashed in the first place. The CEO of 10X Research explains the liquidity trap that brought us down Bitcoin to these levels. When Trump was elected in November 2024, Bitcoin ramped up from 70,000 to 90,000 within like 10 12 days.So there was very little trading activity happening. So there was a big gap, a big liquidity gap. So when Bitcoin went to 87,000, it fell into the liquidity trap.And then what happened is that at 75,000 there was a lot of negative uh option gamma happening. So the marke ...