Bitcoins Price Falls Amid Investor Expectations of More Declines

Bitcoin (BTC) could potentially drop to the $50,000 level if selling pressure persists, even though it is currently holding above $56,000. The latest data from CoinGlass shows that liquidations in Bitcoin futures have surpassed $100 million. This amount is significantly higher compared to previous weeks. BTC has been in the red for three days in a row, beginning a major losing streak as Asian markets opened. Stay updated on the latest technology news by visiting NEWSLINKER.