As per AMBCrypto, Bitcoin fell 6.16% in six hours over the weekend due to low liquidity, dropping below $90k and triggering $650.67 million in liquidations. Analyst Maartunn noted bearish net taker volume similar to November 21, though less extreme, with concerns over Tether’s solvency adding to market fear. The price is now targeting the $74.2k Fibonacci extension level, with key liquidity zones identified between $83.3k and $85.5k. The bearish trend remains intact, with any bounce seen as an opportunity to sell.
Bitcoin Drops 6.16% Amid Low Liquidity and Bearish Pressure
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