Bitcoin liquidation heatmap signals danger: Could BTC drop to $60k?

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Bitcoin liquidation heatmap signals danger: Could BTC drop to $60k?
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Bitcoin [BTC] registered a major drop in the last 24 hours as it failed to retest its all-time high, which several expected.

registered a major drop in the last 24 hours as it failed to retest its all-time high, which several expected. However, in the past few hours, BTC has somewhat consolidated near $66.revealed that BTC’s price dropped by over 4% in the last 24 hours. At the time of writing, the king coin was getting comfortable near $66k with a market capitalization of over $1.31 trillion.

Another bullish metric was the funding rate, which increased. However, not everything was in BTC’s favor.

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