Bitcoin drops $1K in five minutes in fresh dip below $60K

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Bitcoin (BTC) fell sharply on Oct. 27 as $60,000 finally gave way to two-week lows.

Data from Cointelegraph Markets Pro and TradingView showed BTC/USD nearing $58,000 at the time of writing, hitting its lowest since Oct. 15.

The move follows multiple retests of $60,000, with Bitcoin now taking liquidity in a large support wall with $57,000 as its base.

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