Bitcoin has been on a rollercoaster ride in recent weeks, with its price bouncing around the $70,000 mark before taking a sudden nosedive of over 4%. This unexpected drop caused a flurry of liquidations in the market and raised anxiety among traders. Prior to this dip, Bitcoin had been in a period of price consolidation, hinting at the possibility of reaching new highs, a typical occurrence in the fear and greed cycles of the cryptocurrency market. Stay updated on the latest technology news by visiting NEWSLINKER.