🇺🇸 2 Reasons Why Bitcoin (BTC) Could Bleed Even More in the Short Term
- Bitcoin recently dropped to around $73,500, its lowest since August, and is currently trading near $74,100, down approximately 10% over the past month.
- The upcoming US CPI data is crucial as it may impact the Federal Reserve's monetary policy, with expectations of a 0.3% increase potentially leading to further BTC price declines.
- A significant $94 million short position opened by a large investor raises concerns among traders, as such moves can create panic and increase selling pressure in the market.
Nguồn: CryptoPotato
🌍 Cập nhật bởi GemCrypto
$BTC
#Bitcoin #Crypto
- Bitcoin recently dropped to around $73,500, its lowest since August, and is currently trading near $74,100, down approximately 10% over the past month.
- The upcoming US CPI data is crucial as it may impact the Federal Reserve's monetary policy, with expectations of a 0.3% increase potentially leading to further BTC price declines.
- A significant $94 million short position opened by a large investor raises concerns among traders, as such moves can create panic and increase selling pressure in the market.
Nguồn: CryptoPotato
🌍 Cập nhật bởi GemCrypto
$BTC
#Bitcoin #Crypto
