Bitcoin is undergoing a correction and the question that concerns the market is whether it will reach Black Friday prices 📉. Currently, the price of Bitcoin is US$ 93,688.83, with a drop of 3.65% in the last 24 hours ¹.
The market correction is attributed to several factors, including uncertainty about monetary policy and market liquidity. In addition, the sale of Bitcoin by institutional investors is also contributing to the price drop ².
*Factors influencing the price of Bitcoin:*
- Uncertainty about monetary policy
- Market liquidity
- Sale of Bitcoin by institutional investors
*What to expect:*
- The market may remain volatile in the coming days
- The Federal Reserve's decision on interest rates may impact the price of Bitcoin
- The correction may be a buying opportunity for long-term investors
🔥 Bitcoin is undergoing a correction
💡 Uncertainty about monetary policy is contributing to the price drop
👥 The sale of Bitcoin by institutional investors is impacting the market
📈 The price of Bitcoin may remain volatile in the coming days.
