Bitcoin (BTC) took a nosedive, hitting two-week lows after Hong Kong's new Bitcoin ETFs didn't quite meet the hype. The crypto king lost its $61,000 support, causing a total of $275 million liquidations in 24 hours. 😱 But don't sell your Lambo just yet! Bloomberg Intelligence analyst, Eric Balchunas, sees the silver lining, stating that the ETFs' performance was still impressive considering the size of the local market. Despite the dip, market participants are keeping their eyes on the $60,000 prize, with many favoring a 'buy on the dip' approach. So, buckle up, crypto enthusiasts! It's just another rollercoaster ride in the world of Bitcoin. 🎢