Bitcoin slips under $64K as record-high selling intensifies: Where is the bottom? - Soure: CoinTelegraph

Bitcoin has fallen 13% over the past four days, sliding to $63,844 from $79,300. It is currently trading below $69,000, which is the 2021 bull market high, a level many see as a support level.

The drop was matched by a sharp decline in futures activity, with BTC’s open interest falling by more than $10 billion over the past seven days.

Analysts are now focusing on the long-term technical zones and onchain indicators that may signal a major turning point for BTC. 

Story continues: https://cointelegraph.com/news/bitcoin-slips-under-dollar64k-as-record-high-selling-intensifies-where-is-the-price-bottom