#bitcoin dipped below $72,000 after hotter than expected U.S. PPI data (Feb +0.7% MoM, double forecasts), sparking fears of sticky inflation ahead of Powell's comments...

$BTC down 3-4% in 24h to around $71,500–$72,300, with alts dropping even more and wiping billions from the $2.45T crypto market cap!

$155M+ in long liquidations in the last 4 hours alone.

Key support at $71K–$72K in focus, bears hunting liquidity below, while bulls eye potential rebound to $76K–$80K if trendline holds...