Derived from Coinotag, Bitcoin fell 6.16% below $90k over six hours due to low weekend liquidity and a late Sunday sell-off, triggering $650.67 million in liquidations. The drop reflects ongoing bearish pressure, with key support at $80.6k and resistance at $94k. Analysts note dense liquidation clusters at $83.3k-$85.5k, suggesting potential further declines. On-chain metrics show bearish net taker volume and a relative strength index (RSI) below 50, confirming downward momentum.
Bitcoin Price Drops 6.16% Below $90K Amid Low Liquidity and $650M in Liquidations
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