Bitcoin $BTC Faces Fresh Selling Pressure as Weekend Liquidations Hit Bulls
Bitcoin has come under renewed pressure, dropping below the $64,000 level as bullish positions face a wave of weekend liquidations.
Data from CoinGecko showed BTC trading around $65,500 on the afternoon of November 14, while Newhedge recorded long-liquidation activity below $66,000.
The latest move highlights how quickly market sentiment can shift, especially when leveraged traders are caught on the wrong side of the market.
Will BTC find support and recover, or is more downside ahead?
$DODO #WhatWillDriveCryptoandStocks’NextRebound?
$ALLO #KavaSaysAbnormalActivityLimitedToKavaLend
Bitcoin has come under renewed pressure, dropping below the $64,000 level as bullish positions face a wave of weekend liquidations.
Data from CoinGecko showed BTC trading around $65,500 on the afternoon of November 14, while Newhedge recorded long-liquidation activity below $66,000.
The latest move highlights how quickly market sentiment can shift, especially when leveraged traders are caught on the wrong side of the market.
Will BTC find support and recover, or is more downside ahead?
$DODO #WhatWillDriveCryptoandStocks’NextRebound?
$ALLO #KavaSaysAbnormalActivityLimitedToKavaLend
