In a shocking turn of events, Bitcoin ($BTC) experienced extreme volatility in a single day, witnessing a significant price fluctuation of $12,000. The price surged to $104,000 before sharply dropping to $92,000. This unprecedented volatility resulted in over 158,000 liquidations, totaling approximately $873 million. Such movements in the Bitcoin market highlight the inherent risks and rewards associated with cryptocurrency trading. As investors grapple with these price swings, the necessity for strategic trading approaches becomes more apparent. The ongoing shifts in Bitcoin’s price may influence future trading activities and investor sentiment.