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Here's why Bitcoin dropped sharply back under US$65K. No, its not a tariff tumble!

From investinglive.com

Bitcoin fell sharply in recent hours, breaking below the US$65,000 level after a swift wave of selling that saw prices drop roughly 5% in a short span. The move appears largely technical and sentiment-driven rather than tied to a single headline catalyst. The US$65K region had been acting as a visible support zone following several sessions of sideways consolidation. Once breached, the level triggered a combination of stop-loss orders and short-term momentum selling, amplifying downside pressure. Such breaks often create a feedback loop in crypto markets, where liquidity can thin quickly and price action accelerates ... (full story)

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  • Category: Fundamental Analysis