If bitcoin breaks $66k, we might see a bigger drop

There is a decent amount of leverage sitting at $66k on the order books.

If we break below this level the forced selling likely sends bitcoin lower in the near term.

Check it out:

(Source: https://twitter.com/kyledoops/status/1769061081509691706/photo/1)

There is over a billion here that would be liquidated if we break $66k to the downside.