Bitcoin's Sharp Decline to $66K Today: What Happened?

Bitcoin experienced a notable 6% drop to $66K today, influenced by several factors:

🔹 Whale Activity: A dormant Bitcoin whale moved 8,000 BTC ($535.6M) to exchanges after 5.5 years.
🔹 Macro Data Reaction: Economic data triggered over $250M in liquidations, pushing BTC price to $69K.
🔹 US Employment Report: The report indicated an increase of 272,000 jobs in May, suggesting an overheating economy and reducing the likelihood of an interest rate cut this week.
🔹 Miner Sales: Bitcoin miners offloaded 1,200 BTC yesterday, marking the largest daily sale since the end of March.

Read our complete article about why Bitcoin dropped: https://crypticweb3.com/blog/news/why-bitcoin-btc-just-collapsed-to-66k/

#Bitcoin❗ #Binance #BTC🔥🔥🔥🔥🔥 #bitcoinhalvingn #BitcoinTrends"

Congratulations to all the followers who operated seeing that it was the most reasonable as we said yesterday, #BTC🔥🔥🔥🔥🔥 continues between 71500 and 67000, nothing new under the sun. Greetings gap hunters.

#BTC🔥🔥🔥🔥🔥 I have already reached the 67K zone that we had mentioned in the previous post today, an area in which we have been at least nine times. Up again to 71500 or do we go down a little more to 64500? Well the RSI in 4H is oversold, it is not definitive data, but it can help us see what is most likely. Greetings gap hunters.

Given the nervousness of some followers due to the recent falls of #BTC🔥🔥🔥🔥🔥 , I want us to see where we are. Lower part of a subrange between 71500 and 67000 and the RSI in 4H oversold. Friends we cannot wait for BTC to only go up, let it do its job and let's take advantage of the opportunities it gives us to make profits. Greetings gap hunters.

This blueship ,To the moon #zkSync #zk #BTC🔥🔥🔥🔥🔥 #eth $ETH

One more week #BTC🔥🔥🔥🔥🔥 leaves us with a very small #gap of 0.40%, which is also practically closed, 0.07% remains, a very small amount that leaves gaps many times. I would consider it closed and keep an eye on the next profit opportunity. Greetings gap hunters.

Fraudsters used a variety of techniques to steal $3.8 billion in cryptocurrency in 2022 alone.

Cryptocurrency has been a disruptive force in the economic and business landscape over the past decade. Its popularity has soared thanks to its ability to make transactions anonymously and the potential for massive returns on investment, but it’s not without problems.

The crypto market has enabled cybercrime to thrive, as scammers cash in on weak security and a lack of government oversight.

Some of the world’s biggest platforms, such as Ethereum and Bitcoin, have been embroiled in crypto scams, with fraudsters using a variety of techniques to steal $3.8 billion in cryptocurrency in 2022 alone.

I think one of the most reliable exchanges is BNB. Some exchanges have keyword entry systems. I don't think these are safe. because anyone who finds this keyword can log in.

If the exchanges you use have extra protections, you should activate all of them. But if you become the target of a good hacker, there is nothing you can do anyway. It will somehow empty your account. That's why I recommend you not to keep large amounts of money in your accounts.
Bank accounts are also the target of these hackers and they can rob your account. So be careful not to concentrate your investments in one place. Otherwise, you will be the one who will be sad... good luck... #bitcoin #btc #binance #bnb #BTC🔥🔥🔥🔥🔥

There were too many things for #BTC🔥🔥🔥🔥🔥 and it had to end up happening, congratulations to all those who took advantage of the information we gave to benefit. Advice, take some partial profit at least at this point. Greetings gap hunters.

Great barrier at 72K that #BTC🔥🔥🔥🔥🔥 finds difficult to overcome, third touch in the same area without being able to pass and clearer than yesterday the bearish divergence in 4H with the RSI, and let's not forget a #gap below at 68K... anyway, maximum prudence, we can never affirm that anything will happen, but when the river sounds it carries water. Greetings gap hunters.

bitcoin 1-hour chart has formed a double top and this is a bearish formation. It is very close to a double top formation on the daily chart and I already see a red candlestick on the daily chart and it has stopped the rise. The m formation is already in the process of being formed on the 1-week chart. So there may be sudden declines. and in fact the weekly chart's upward trend continues, but pay attention to the m formation that may occur. I warned you several times. I hope there will be no decline. If it happens, I won't be affected by it at all. because I don't have normal coins. I will buy when the time comes. And I continue to buy new tokens. Bitcoin's decline and rise will not have much impact on my tokens 😁 good luck. #bitcoin #btc #binance #BTC🔥🔥🔥🔥🔥 #bnb

To all the reasons we said yesterday to be careful with #BTC🔥🔥🔥🔥🔥 , today we can safely add a bearish divergence in 4h in the RSI. Eyes wide open here, he who blinks loses. Greetings gap hunters.

Be very careful with #BTC🔥🔥🔥🔥🔥 , which has already touched 72K and the RSI is overbought, we are also 5.50% from the closing zone for #gap , at the bottom at 68K, remember that reaching 72K does not imply that we are going to 100K and 95% of the gaps are closed. Greetings gap hunters.

We have #BTC🔥🔥🔥🔥🔥 at the top of the range with an RSI also at the top in 4H, and a #gap left on Friday by #BTCETF at 4.5% below the current price, knowing that gaps close 95% of the time. .. take your conclusions and operate accordingly. Greetings gap hunters.

The #BTCETF leaves us another week with a very small #gap , but this time without closing, so #BTC🔥🔥🔥🔥🔥 is right now 2% above the closing of the gap at 68000. DYOR and operate accordingly. Greetings gap hunters.

keep learning and investing
#BTC🔥🔥🔥🔥🔥
#XRP🪙🪙🪙🪙🪙🪙🪙🪙🪙🪙
#ARKM.USDT

$BTC
First BTC will go down a bit. After that BTC will go straight up and reach $65000. So everyone be ready to fight
#BTC🔥🔥🔥🔥🔥

BTC ll Go Down 👎 it's just a liquidity grab hold
follow for more trades like this
#BTC🔥🔥🔥🔥🔥
#earnwithme

#BTC🔥🔥🔥🔥🔥 $68k 📈$72k📈 $74k 🚀#ATH

Should i hold or sell my $BB token??????

#BBMegadrop #BTC🔥🔥🔥🔥🔥 #BNB⁩