Hey crypto enthusiasts! We’ve just witnessed a significant dip in the Bitcoin market, with the currency trading around $66,700. A critical liquidation level I mentioned yesterday has been hit – now we’re all biting our nails to see if we’ll dig deeper or bounce back from here. It’s important to keep an eye on some key technical levels and the order book dynamics for clues on where the market might head next. Let’s dive in and see what’s cooking in the crypto kitchen!
Key Points
Below I have summarised the most important updates and an outlook for the market.
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