📉 What is causing the sharp decline in Bitcoin's price?
Bitcoin has experienced a strong drop in the past hours/days, attributed to several combined factors, most notably:
🔹 Intensive profit-taking
After a strong upward wave, a large number of investors sold their holdings to realize profits, increasing the selling pressure.
🔹 Liquidations
The drop in price led to the liquidation of leveraged positions, which accelerated the decline sharply.
🔹 Impact of news and economic data
Any negative news or strong economic data (such as inflation or interest rates) directly affects high-risk assets like crypto.
🔹 Fear, Uncertainty, and Doubt (FUD)
When key support levels are broken, fear begins to spread, leading to increased panic selling.
⚠️ Important:
Volatility is a natural part of the cryptocurrency market, and what we are witnessing today may be a healthy correction rather than the end of a trend.
📌 Risk management and not rushing into decisions is always fundamental. #BTC #MarketCrash #CryptoNew #trading #BTC $BTC
