Market Flush: BTC Dips Below $70K Amid Liquidation Cascade
The market saw heavy liquidations as $BTC dropped to an intraday low of $67,568 (-5.9% 24h) before bouncing back toward $69,120.
Major alts followed the drawdown:
• $ETH dropped -5.0% below $2,000 to trade near $1,940
• $SOL pulled back -2.8% hovering near $80.20
On the 1H chart, BTC RSI hit oversold territory (sub-25) triggering a quick bounce. Immediate resistance sits at $71,200, with $67,500 serving as key local support.
Are you buying this dip or waiting for confirmation? #Crypto #Bitcoin #Trading
The market saw heavy liquidations as $BTC dropped to an intraday low of $67,568 (-5.9% 24h) before bouncing back toward $69,120.
Major alts followed the drawdown:
• $ETH dropped -5.0% below $2,000 to trade near $1,940
• $SOL pulled back -2.8% hovering near $80.20
On the 1H chart, BTC RSI hit oversold territory (sub-25) triggering a quick bounce. Immediate resistance sits at $71,200, with $67,500 serving as key local support.
Are you buying this dip or waiting for confirmation? #Crypto #Bitcoin #Trading
