📉 Cryptocurrency News:

- Bitcoin is under threat of $500 million in liquidations, which could cause volatility.

- According to analyst Jamie Coutts, the current correction of BTC is preparing it for a bullish breakout.

- Despite optimistic forecasts, the BTC price could fall to $55,000.

- Short liquidations could exceed $800 million if the price falls below $57,500.

- Bitcoin cannot break out of a two-week downtrend.