RECLAMA TU 🧧🎁🧧 REGALO BINANCE!!
📉 Key Reasons for Bitcoin's Decline
1. Global Macroeconomic Factors
Risk Aversion: Uncertainty in the global economy drives investors to seek safer assets, moving away from volatile assets like Bitcoin.
Interest Rates and Liquidity: Decisions by central banks (such as the U.S. Federal Reserve or the Bank of Japan) regarding interest rates affect global liquidity. The expectation of higher rates or the outcome of the carry trade with the Japanese yen, for example, has led to the liquidation of positions in risk assets.
2. Crypto Market Dynamics
Liquidations and Deleveraging: Price drops trigger the forced closure (liquidation) of large leveraged positions (borrowing to invest), which in turn drives more selling and accelerates the decline. A significant amount of liquidations has been reported recently.
Selling Pressure and Psychology: After failing to surpass key resistance levels (like $95,000 USD), selling pressure has increased. Low liquidity at certain times amplifies these movements, and fear in the market leads to panic selling.
ETF Spot Outflows: Bitcoin Exchange-Traded Funds (ETFs) in the U.S. have recorded net capital outflows, adding selling pressure on the asset.
3. Cycle Patterns
Four-Year Cycle: Some analysts point out that this behavior aligns with the historical four-year cycle pattern of Bitcoin (related to the halving), where after reaching a peak, the asset enters a prolonged bearish phase.
🔮 What Opportunities Does It Present?
Buying Opportunity (DIP): Investors with a long-term perspective often see drops as moments to "buy the dip," believing that Bitcoin's long-term trend is bullish.
