📉 Bitcoin noted swift losses in the past 24 hours, witnessing a 4.9% decline within an hour on the 2nd of April, leading to millions of dollars in liquidations.

💥 The price smashed below a pocket of liquidity, triggering forced selling and driving prices lower.

🐻 The long-term outlook for BTC remained bullish due to strong ETF inflows, but recent metrics reported by AMBCrypto were bearish, leading to further declines.

💰 Will Bitcoin fall to the swing low at $60.7k? On the 12-hour chart, the market structure was still bullish, but a decline below $60.7k could flip the structure bearishly, with critical levels highlighted at $55.5k and $59.4k by Fibonacci retracement.

💹 The past 36 hours witnessed a 4.2% decline, with $62.2 million worth of long liquidations on the 2nd of April. The H12 RSI fell below neutral 50, signaling a shift in momentum.

📉 The OBV trended downward in March, indicating dominant selling pressure in recent weeks, with potential for further decreases.

💥 Bitcoin could fall to the next pool of liquidity to the south, with liquidation levels at $68k wiped out and a significant concentration at $64k indicating potential for more losses. Traders should be prepared for downward movements.