Bitcoin (BTC) may drop to a base of $50,000 if the selling pressure persists, despite currently holding above $56,000. CoinGlass data indicates that Bitcoin futures liquidations have surpassed $100 million. This figure is significantly higher compared to the liquidations observed in the past few weeks. BTC, which has been in the red for three consecutive days, initiated this major downturn as the Asian markets opened. For the latest technology news, visit NEWSLINKER.
