Bitcoin bounced back to $70,000 after last week’s sudden drop, leaving traders asking: what really triggered the panic?

📉 The Sell-Off Breakdown:

Profit-taking: Many early investors cashed out after Bitcoin’s meteoric rise.

Market Sentiment: Fear spread rapidly on social media & trading forums.

Macro Factors: Global economic news and interest rate fears added pressure.

Whale Moves: Large BTC holders shifted funds, triggering automatic sell orders.

💡 What This Means:

The dip was short-term panic, not a crash.

BTC’s resilience shows strong support levels around $65K–$68K.

Smart traders are eyeing buying opportunities during dips.

Takeaway: The crypto market is volatile—but the rebound proves Bitcoin remains the king of digital assets.

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