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Bitcoin Crash Still Not Over? Analysts see more downside towards & #036;60K - Bitcoin price dropped from $81,000 to below & #036; 68,000, marking the lowest point in almost three months, with analysts predicting further decline. Experts emphasize the importance of and #036; 68,000 the support level, with the potential to decline and #036;60,000 if this level fails, is affected by bearish market sentiment and macroeconomic factors. • Allocating factors to the decline include increased short positions in crypto futures, ETF withdrawals and negative effects from inflation data and weakness in tech stocks.

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CryptoPotato · Crypto · · Source

Bitcoin Crash Still Not Over? Analysts see more downside towards & #036;60K - Bitcoin price dropped from $81,000 to below & #036; 68,000, marking the lowest point in almost three months, with analysts predicting further decline. Experts emphasize the importance of and #036; 68,000 the support level, with the potential to decline and #036;60,000 if this level fails, is affected by bearish market sentiment and macroeconomic factors. • Allocating factors to the decline include increased short positions in crypto futures, ETF withdrawals and negative effects from inflation data and weakness in tech stocks.

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