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#BitcoinDropsBelow$65K Bitcoin recently dipped below $65,000, triggering extreme fear across the market. However, price rebounded sharply, and BTC is now trading near $70,586 with strong intraday volatility.
📈 Key Data
Current BTC/USDT price: $70,586.90
24h Low / High: $59,980.60 / $70,700.00
24h Change: +5.54%
24h Volatility: ~15%
Fear & Greed Index: 9 (Extreme Fear)
Technical Signals: RSI above 80 (overbought), MACD bullish, price testing major resistance
💡 Market Interpretation
This was an exceptionally volatile session for Bitcoin. The drop below $65K appears driven by panic selling