#StrategyBTCPurchase $BTC Bitcoin's price has dropped below $63,000, with the current price at $68,299.03. This decline is attributed to a combination of factors, including Trump's 15% global tariff announcement, escalating US-Iran military tensions, and continued ETF outflows. Analysts predict a potential fall to $53-$55K, citing unwavering selling pressure and a "buy the dip" trend upcoming as sales near exhaustion. ¹ ² ³

*Key Support Levels:*

- $60,000 - Psychological floor and consolidation bottom

- $53,000 - First breakdown target

- $49,000 - Deeper H2 2024 lows

The market is experiencing a capitulation phase, with short-term holders leading the sell-off. However, some analysts believe this could be a buying opportunity, as the RSI is near record lows, indicating oversold conditions. ⁴ ⁵

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