BTC Falls Below $69K Again: Weak Momentum and Market Liquidations
The #BTCFellBelow$69,000Again move has reignited caution among traders as Bitcoin struggles to reclaim the psychologically critical $69K level. After briefly rebounding earlier in the week, BTC slipped back into the $66,000–$68,000 range, signaling weak bullish momentum. Analysts warn that buyers lack the strength to flip resistance into support, with round numbers like $70K acting as self-fulfilling anchors for market sentiment. This drop also triggered over $1 billion in liquidations, underscoring the volatility surrounding leveraged positions. For crypto traders, monitoring these levels is essential to anticipate potential swings and manage risk effectively.
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