<ul><li>Bitcoin (BTC) plunged below $69,000, leading to over $200 million in liquidations.</li><li>Long traders accounted for the majority of the liquidations at $198.6 million, while short positions closed at $34 million.</li><li>Bitcoin's current downtrend could potentially lead to a further drop to $55,000 or a recovery to its all-time high at $73,750.</li><li>The decline in Bitcoin's price coincided with a decrease in the winning odds of US presidential candidate Donald Trump, raising concerns about a potential impact on the crypto market.</li></ul>

Bitcoin’s Dip Below $69,000 Triggers Over $200 Million In Liquidations – Details

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