botcryptools

$BTC Bitcoin breaks $68k. This Friday has been intense. Bitcoin has dropped by 2%, falling below $68,000 for the first time in four days. This movement was not silent: it triggered the forced liquidation of more than 50 million dollars in long positions (those betting on the rise), making it clear that leverage continues to punish optimists in the short term. The impact was felt immediately on Wall Street, with declines in pre-market for key companies like Coinbase, MicroStrategy, and Circle. What do the technical indicators tell us? The liquidation heat map shows that there is very strong liquidity waiting below $66,000, suggesting that the price could seek that magnet if it doesn't recover the lost ground soon. Additionally, funding rates have turned negative, meaning that now shorts (sellers) are paying longs, a clear sign that bearish sentiment is temporarily gaining ground. The Macro Cocktail turns bitter Outside the crypto world, conditions are becoming complicated. The yield on the 10-year Treasury bond has climbed to 4.5%, its highest level since July. When bonds offer that return, risk assets like Bitcoin lose appeal. On top of that, Brent crude oil has risen by 3% due to disruptions in Russian flows complicating supply relief plans, and the dollar (DXY) continues to strengthen towards 100 points. 🖇️ Bitcoin is battling a perfect storm of geopolitical uncertainty, rising bonds, and a strong dollar. The $66k zone will be the litmus test in the coming hours to see if institutional buyers reappear or if the dip deepens. Do you think Bitcoin will manage to hold the $66,000 support, or will we see a deeper correction before the weekly close? #BitcoinPrices #TrumpSeeksQuickEndToIranWar