Bitcoin Price Alert: Two Crucial Indicators Forewarned BTC Drop to $65,000

Market has transitioned into euphoric phase with profit-taking climbing

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If the correction persists, keep an eye on key metrics like traders' unrealized profit margins and the realized price.The key metrics, traders' unrealized profit margins and the realized price, have signaled weakness since late March. In this light, CryptoQuant urges the crypto community to keep an eye on these metrics if the current market correction persists.saw its first drop below $66,000 since April 4, liquidations since the past day have reached a whopping $920 million.

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