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BTC/USDT – Testing Key Support, What's Next? 📉
Bitcoin is currently trading around $66,130**, down about 2% in the last 24 hours. After briefly dipping to a three-week low of **$65,532, BTC is now attempting to stabilize.
🔍 What's Happening?
Several factors are weighing on the market:
· Geopolitical tensions – Iran conflict uncertainty continues to pressure risk assets
· Massive options expiry – ~$14B in BTC options expiring today, adding volatility
· Whale selling pressure – Large holders are showing increased distribution, with activity at its highest since October 2024
· Bhutan government moves – The kingdom transferred another 123.7 BTC today, following 643 BTC in previous days