Bitcoin slips under $69,000 as liquidations near $400M and a daily golden cross appears

Bitcoin (BTC) traded below $69,000 on Sunday after a weekend drop toward $68,000, putting focus back on the 200-week EMA near $68,300. In the prior 24 hours, more than $300 million in longs and nearly $100 million in shorts were liquidated. Analysts also pointed to a daily-chart “golden cross” (21-day SMA over 50-day SMA) as a possible source of short-term relief.