📉 Analysis of Bitcoin (BTC) Price Decline and What to Expect Next
If you're wondering why the price of Bitcoin has dropped and what will happen next, you're in the right place. I will explain the reason for this movement, how it fits with the current market setup, and what the potential landscape looks like for tomorrow. I hope this is helpful.
What led to the decline?
This decline happened as expected, but it came a day earlier. The idea was never about a specific day; it was about cleaning up liquidity before the U.S. jobs data is released on Tuesday.
Markets often move early when positioning becomes excessive and crowded.
