Bitcoin Drops Again. WHY???? Bitcoin is facing pressure from both geopolitical tensions and on-chain movements. The market reacted after Bhutan transferred another batch of BTC—adding to the $700M+ it has moved this year—while reports of the US considering sending 10,000 troops to the Middle East sparked broader risk-off sentiment. As tensions around Iran pushed oil prices higher and investors rotated out of risk assets, BTC slipped below $68,000 and total crypto liquidations crossed $300M. Altcoins like Ethereum and Solana also saw sharp drops, with traders now closely watching the $65,000 level as the next major support. #Bitcoin #BTC #Bhutan #Geopolitics #CryptoCrash #CryptoNews #crypto #defi #web3 #Iran

🚨 #Bitcoin primed for $120K-$130K consolidation! 📉 Macro tremors ahead with CPI data (forecast: +0.25% MoM) potentially delaying Fed cuts 🏦, while institutional whales like Bhutan gov strategically reposition 💼. Technicals scream caution: RSI at 75.22 (overbought!) and $1.3B shorts liquidated in 60s ⚡. Alts heating up as ETH reclaims $3K—expect choppy trade until breakout confirmation! 🌋 #CryptoNews #crypto #defi #web3 https://www.coindesk.com/markets/2025/07/14/bitcoin-may-consolidate-in-120k-130k-here-are-3-reasons-why