If the 60k really gets broken, the liquidation waterfall won’t be a joke—I’m first cutting my position to wait and see.

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CoinNetwork
CoinWorld news: Bitcoin (BTC) rebounded 0.7% on Wednesday, currently trading at approximately $66,924.57, but it is down 9.5% since Sunday and still remains at a critical crossroads. If Bitcoin falls below $60,000, it could trigger a wave of liquidations and even slip to the $54,000 support level. Ethereum (ETH) is currently trading at $1,870, up 0.9% from midnight UTC. The market currently implies a 66% probability that Bitcoin will fall below $55,000, with the chance of falling below $50,000 by year-end at nearly 50%.
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