Bitcoin: $100M Longs Liquidated as BTC Dips Below $76K

Bitcoin triggered over $100 million in crypto long liquidations in the past hour after slipping back below $76,000, flushing bulls from the market according to trader @CryptoKing4Ever.

Price at $76,533 holds a bullish structure above the EMA50 at $70,924 and EMA200 at $66,295, yet the MACD death cross at 2,356 signals fading momentum while RSI at 68.51 stays neutral inside the Bollinger band with upper resistance at $80,514 and lower support at $70,871; this confluence points to a probable healthy retracement toward the 50-EMA before any continuation higher, shaping near-term BTC price prediction amid the broader crypto market dip.