Yesterday(6/16 00:00 - 24:00, UTC+0), bitcoin price recorded its starting as $22539, its lowest as $20189, its highest as $22949, its closing as $20355. Bitcoin reached a high near $23k in an hour after the start of Thursday, then continued to decline, breaking $21k at 10:30 and then consolidating before falling further from 20:30, reaching a low above $20k at the end of the day and closing -9.7% down.
If you look at the 4hr chart, Bitcoin, which rebounded the day before, fell sharply following the Nasdaq, and it doesn't seem easy to support $20k either. Looking at the daily chart, there was a large decline that dominated the previous day's rebound, creating a situation where the possibility of a further decline was greater.
Following the bank run issue of the Celcius loan platform in the crypto market, there was news that 3AC, a well-known crypto venture capital, had been liquidated for $400M and there are rumors that Coinbase suffered huge losses after purchasing Bitconi using leverage, and that other lending platforms are at risk. If all these rumors are true, that said companies will sell their crypto assets(Bitcoin, Ethereum, etc..) to avoid liquidation, which means that everyone may see prices they don't want to imagine.
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