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Bitcoin ($BTC ‌) Falls to the $66,000 Level Today, Panic or Buy the Dip? The crypto market is once again shaken by high volatility after Bitcoin (BTC) prices sharply declined to around $66,372 or equivalent to IDR 1.19 billion per coin. This correction has raised concerns among some investors, but is also seen as an opportunity by bargain hunters.
What Are the Main Triggers for This Drop?
The recent selling pressure on Bitcoin has been driven by several macroeconomic sentiments, including global inflation data and geopolitical tensions. Additionally, pressure on the liquidation levels in
BTC-5.91%
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Beware of Correction $BTC : Liquidity $68k Soon to be Picked Up? 📉
Bitcoin ($BTC ) is currently held at a critical resistance of $71,200. Technically, the RSI indicator on the 4-hour timeframe shows a sharp bearish divergence, indicating weakening buying momentum.
Why will it drop to $69k-$68k?
Macro Data: Anticipating the release of US inflation data (CPI) this evening, triggering a risk-off action. Investors tend to secure profits into stablecoins.
Liquidity Hunt: The liquidation heatmap data shows a buildup of large long positions around $68,500. Market makers often perform a "flush" to th
BTC-5.94%
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