#CryptoRoundTableRemarks $BTC

Bitcoin might have faced its biggest liquidation on Binance following surge of pressure on crypto market

Though the recent price correction of Bitcoin has caused some concern, it is a relatively controlled shakeout in comparison to earlier liquidation cascades. Although the price has fallen from the $110,000 range to about $103,000, as of press time, liquidations on significantThis suggests a more planned correction as opposed to a sell-off triggered by panic. Technically speaking, Bitcoin is now trading close to its 100-day moving average after breaking below its 50-day EMA. Bulls and bears will engage in short-term combat on these two levels.