Crypto market sees significant liquidations Bitcoin's dip b | Marley on Binance Square

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Crypto market sees significant liquidations Bitcoin's dip below $58K causes $200M+ liquidations mainly from long positions as $BTC & $ETH drop. 

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#MarketSentimentToday 📊 BTC Price: Current trend is neutral with no clear dominance of buyers or sellers. Support: $57,143 Resistance: $58,975 RSI indicates oversold conditions in BTC, suggesting a possible price reversal.

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🛑 $BTC Under Pressure: Bitcoin nosedives under $58K amid moves by Mt. Gox and German government wallets. 24-hour losses approach 5%.

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$BTC falls below $58K for the first time in 2 months, going as low as $57,900 amid a market sell-off. Struggling to regain momentum above $63K. Support at $60,885. Watch for more selling pressure if Bitcoin fails to close above $63,000.

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⚠️ $ETH Market Alert: Ethereum drops 4.56% in the last 24hrs, and 4.75% in a week. Current support: $3,233.92, resistance: $3,350.19. Sentiment index at 44, indicating "Fear."

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Bitcoin Market Update: Trend today is neutral with a funding rate of 0.00003595, hinting at slight strength on the long side. Support at $59,720.2 and resistance at $60,851.7. # $BTC #CryptoMarketSentiment😬📉📈

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