#BTCVolatility

Bitcoin (BTC), the world's leading cryptocurrency, has recently extended its downtrend, sinking to multi-month lows around the $84,000 mark as global investors pull back from "riskier" assets. This decline follows a significant rally earlier in the year that pushed the price above $120,000 in October, demonstrating the asset's continued high volatility and sensitivity to macroeconomic trends, particularly concerns over US interest rates and a potential correction in high-flying tech and AI stocks. Despite the short-term pain and a bearish market sentiment not seen since the start of the current cycle, long-term holders maintain faith in Bitcoin's role as a digital store of value, viewing these sharp corrections as cyclical rather than structural failures.

#Bitcoin #BTC #Crypto #DigitalGold #Volatility