Post
Defrank
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Bearish🔥The price of Bitcoin falls to 3-month lows 🤔
The price of #bitcoin continues to drop, and analysts warn that there could be a possible decline to levels of $81,000, this amid ongoing capital outflows from exchange-traded funds (#etf ) and uncertainty in the #mercado .
Bitcoin fell to a three-month low, near levels of $86,000 on February 25, losing the psychological level of $90,000 for the first time since January 13.
According to some analysts, the absence of positive catalysts could drive the price of Bitcoin as low as $81,000. On the other hand, if the price of Bitcoin only reaches levels of $85,000, this could trigger long liquidations leveraged by over $1 billion in exchanges.
Personally, I think Bitcoin may continue to drop to the mentioned levels and stay there lateralizing, so I am doing DCA in some #Criptomonedas that could react positively to a trend change.
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$BTC
{spot}(BTCUSDT)
The price of #bitcoin continues to drop, and analysts warn that there could be a possible decline to levels of $81,000, this amid ongoing capital outflows from exchange-traded funds (#etf ) and uncertainty in the #mercado .
Bitcoin fell to a three-month low, near levels of $86,000 on February 25, losing the psychological level of $90,000 for the first time since January 13.
According to some analysts, the absence of positive catalysts could drive the price of Bitcoin as low as $81,000. On the other hand, if the price of Bitcoin only reaches levels of $85,000, this could trigger long liquidations leveraged by over $1 billion in exchanges.
Personally, I think Bitcoin may continue to drop to the mentioned levels and stay there lateralizing, so I am doing DCA in some #Criptomonedas that could react positively to a trend change.
👉More crypto updates ...
Share and follow me for more 👈😎
$BTC
{spot}(BTCUSDT)
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