📉 Bitcoin's price dipped to $50,664 on Feb. 21, raising concerns of widespread liquidations. The decline is attributed to Bitcoin miners selling off $8.2 billion worth of BTC and a decrease in ETF inflows this week. 😬

🔍 On-chain data analysis reveals:

- Miners cut reserves by 160,000 BTC between Jan. 31 and Feb. 22

- Bitcoin ETFs slowed their buying trend by 73% between Feb. 19 and Feb. 22

📊 Price forecast:

- BTC may hold above $48,500 if it loses the $50,000 support level

- If bullish momentum prevails, resistance may emerge at around $55,830

🤔 What do you think? Will Bitcoin hold above $48,500 or break through resistance? Share your thoughts in the comments!