Bitcoin liquidation drops but BTC holds at $60K – What’s next?

Despite a significant drop in Bitcoin's price below $60,000, resulting in increased liquidations, the cryptocurrency has shown resilience by stabilizing and maintaining above the $60,000 mark. Recent data indicates a decrease in liquidation volumes, with figures falling below $50 million since early May. This stabilization is accompanied by a slight profit for 30-day BTC holders, suggesting a potential recovery and equilibrium in the market.