The post Bitcoin Bear Market Alert: Will BTC Price Drop to $55K Next? appeared first on Coinpedia Fintech News
Bitcoin is once again testing investor confidence. After falling below $66,000 and triggering about $177 million in long liquidations, BTC quickly bounced back above $69,000, forcing nearly $140 million in short positions to close. This sharp move in both directions shows that the market is being driven more by leveraged trades than steady buying or …