Bitcoin’s Struggle: Selling Pressure from Coinbase and Miner Capitulation Intensify

Bitcoin faces renewed selling pressure as the price drops below $65,000, accompanied by over $140 million in liquidations. Ongoing price action and key technical indicators suggest a downturn, with Bitcoin struggling to remain above significant support levels. Coinbase is a critical factor in the selling pressure, evidenced by the significant Coinbase Premium Gap. Bitcoin Faces

Source: CoinOtag