What is happening in Bitcoin (BTC), which has destroyed the cryptocurrency market with its decline in recent days?
The Bitcoin, which started to lose value after completing the halving, pin to $56,622, creating an atmosphere of panic among investors. Factors such as the failure of the halving to have the expected effect, the FED’s tight interest rate policy, and large outflows in spot BTC ETF naturally hurt the BTC price. Having lost more than 10% of its value in just a few days, will the leader of cryptocurrencies be able to rise again? Which levels will be critical for Bitcoin?
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Crypto investors are worried about the Bitcoin trajectory!
Bitcoin, which switched to a fall trend after seeing ATH, was exposed to heavy sales after losing the $63,000 – $62,000 range. Negative data from the Spot ETF BTC, panic selling by investors and the continuation of geopolitical tensions naturally pulled the market to lower levels. BTC, which touched $56,622 in a short time, later managed to push above $57,500 by getting a reaction. Which levels will be important to follow in Bitcoin, which does not have a very positive outlook for the moment?
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