# BItcoin

🤯 Bitcoin Price Dips To $60,000, Erasing Trump Election Gains
On February 6, the crypto market saw a sharp crash as Bitcoin plunged nearly 15%, wiping out around $350 billion in total market value in a single day. Bitcoin’s price fell to $60,030, erasing gains made since its October peak near $126,000.
This drop also wiped out the entire “Trump bump” rally from November 2024, as selling pressure increased from miners, profit-taking, deleveraging, and global market fears.
🔸 Bitcoin Price Drop Linked to Miner Selling Pressure
One of the biggest pressures is coming from Bitcoin miners. Data sho

$BTC LIQUIDATION IMBALANCE ALERT
If Bitcoin drops 30% → ~$677M in long liquidations
If Bitcoin pumps 30% → ~$8.8B in short liquidations
That’s nearly 13x more liquidation pressure to the upside.
Liquidity tells a clear story:
Downside is relatively light, upside is heavily crowded with shorts.
When shorts stack up, squeezes become inevitable.
Price moves toward maximum pain.
Smart money follows liquidity, not sentiment.
#BTC #Bitcoin #Crypto #Liquidations #MarketStructure

In a blink of an eye, we went sub $60K.
Massive correction. In just two weeks, #Bitcoin drops from $98K to $60K.
Now, the 200-Week MA is beneath us, and it's all depending on the coming days/hours.
Given that the hourly candle sub $60K was the largest volume candle, the assumption can be made that we hit the low there, for now.
If prices can rally up slightly, we're going to see a large wick.
Like we always see with capitulation events.$BTC

We've had a tough day for Bitcoin. The $BTC price rebounded from the $60,000 level and rose by 10% to $66,000.
Is this a rebound or will it be sustainable? It will be a critical day. The Iran-US talks will be of primary importance. If the US and Iran agree on a text, we could see a significant rise. Otherwise, the decline will continue.
‍#Bitcoin #BTC #Crypto #CryptoMarketStructureUpdate

#BitcoinDropsBelow$65K #BitcoinDropsBelow$65K – MARKET UPDATE 🚨
Bitcoin has plunged below the $65,000 level, marking one of the most significant downturns in its price in over a year. The drop is not just a minor pullback — it reflects deepening selling pressure, broader risk‑off market sentiment, and a shift in investor confidence across crypto markets.
Here’s what’s happening:
📉 Sharp Price Decline
• Bitcoin has slid below $65 K, with intraday trading dropping toward around $62,500–$64,000, the lowest levels since late 2024.
• This drop has erased nearly half of its value from the recent

🤯 Bitcoin Price Dips To $60,000, Erasing Trump Election Gains
On February 6, the crypto market saw a sharp crash as Bitcoin plunged nearly 15%, wiping out around $350 billion in total market value in a single day. Bitcoin’s price fell to $60,030, erasing gains made since its October peak near $126,000.
This drop also wiped out the entire “Trump bump” rally from November 2024, as selling pressure increased from miners, profit-taking, deleveraging, and global market fears.
🔸 Bitcoin Price Drop Linked to Miner Selling Pressure
One of the biggest pressures is coming from Bitcoin miners. Data sho

#WhenWillBTCRebound? 🚀
Bitcoin is testing investors’ patience again as volatility and sideways price action dominate the market. After a strong rally earlier in the cycle, BTC has entered a consolidation phase—uncomfortable, yes, but historically, these moments often set the stage for the next big move.
🔹 Macro Perspective: Liquidity remains the key driver. BTC responds strongly to global monetary conditions, especially interest rates and dollar strength. Any shift toward easing liquidity or rate cuts could quickly reignite demand and act as a major catalyst for a rebound.
🔹 On-Chain Signal

We've had a tough day for Bitcoin. The $BTC price rebounded from the $60,000 level and rose by 10% to $66,000.
Is this a rebound or will it be sustainable? It will be a critical day. The Iran-US talks will be of primary importance. If the US and Iran agree on a text, we could see a significant rise. Otherwise, the decline will continue.
‍#Bitcoin #BTC #Crypto #CryptoMarketStructureUpdate

#BuyTheDipOrWaitNow? | Gate Plaza Market Update – Feb 6
Bitcoin below $60K, metals plunging, equities under pressure — markets have entered a clear risk-off phase.
A sharp, synchronized selloff across crypto, stocks, and precious metals signals that this move is driven less by fundamentals and more by leverage unwinding and macro uncertainty.
Market Snapshot
Bitcoin: Briefly dipped below $60,000, down ~30% over the past month, with volatility remaining elevated. Key support lies in the $56K–$58K zone.
U.S. Equities: Nasdaq, S&P, and Dow continue to slide as risk appetite fades amid tech and ma