Bitcoin (BTC) could potentially drop to a base of $50,000 if selling pressure persists, even though it is currently holding above $56,000. This information comes from CoinGlass, who have reported that Bitcoin liquidations in futures have surpassed $100 million. This figure is notably higher when compared to previous weeks. BTC has experienced three consecutive days of losses and this downward trend began as the Asian markets opened. Stay up to date with the latest technology news by visiting NEWSLINKER.
