๐จ Market Update: Bitcoin Rejects $70K, Slides to $65K! ๐
Bitcoin's attempt to reclaim $70,000 failed, retreating to $65,700 amid shifting market sentiment.
Key Highlights:
๐ Altcoins Hit Hard: SOL & ETH down over 6%, erasing recent gains.
๐ Macro Pressure: Hotter U.S. PPI data and Nvidia's decline dragged risk assets lower.
๐ USDT Alert: Exchange reserves dropped from $60B to $51.1B. A dip below $50B could spark a massive sell-off.
๐ Range Bound: BTC remains stuck in the $60K - $70K zone since Feb 5th.
Prediction: Will the $60K bottom hold for March, or are we going lower?
Letโs discuss below! ๐
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