### 🚨 Bitcoin Dumps to $60K, Market Feels the Shock

Bitcoin ($BTC ) has dropped sharply to **$60,000**, falling **over 10%** in a short period.

The price is currently **struggling to recover above the $70,000 resistance**, signaling continued weakness in the market.

$BTC is trading **below $70,000 and under the 100-hour Simple Moving Average**, which suggests sellers are still in control for now.

While a recovery attempt is underway, Bitcoin faces **strong technical hurdles** before any sustained upside.

📌 Source: *NewsBTC*

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