Bitcoin (BTC) Price Drop: Is $60K the New Target as Bearish Pressure Mounts?
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Bitcoin started the week strong but has since dropped to $66,568. In the last 24 hours, Bitcoin saw a 3.83% decline and a slight 0.25% drop over the past week. Analysts are concerned that bearish pressure could drive the price down to $60K. This dip may be attributed to the U.S. government’s recent actions.
Market watchers are keeping a close eye on these developments to understand potential future trends. Continued bearish pressure could shift major resistance levels.
The overall sentiment in the market remains mixed, with some hopeful for a rebound while others prepare for further declines. Bitcoin's price movements are closely monitored by investors and analysts alike.
Source: coinpedia.org ↗
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