Bitcoin has unexpectedly gone down below $10,000 to $9600 in merely 24 hours. The reason for this bitcoin price drop was major longs liquidated and cashed out their Bitcoins. Almost $250 million worth of BTC was liquidated only on Okex, and approximately $150 million worth was liquidated on BitMEX itself. The market was running high, and the sudden price drop caught the traders off guard. Bitcoin price drop- Why a sudden drop? After Bitcoin crossed $10,000, many longs predicted that Bitcoin would go higher as investors would fear missing out on this opportunity. Some predicted that Bitcoin would even go
