Clarification on Bitcoin’s 🚨 five-week price decline:
Bitcoin has fallen from approximately $86,530 to $74,851, recording five consecutive bearish weekly candles.
Starting price: $86,530
Ending price: $74,851
Total decline: $11,679
Percentage loss: 13.5%
Trend: five consecutive red weekly candles.
The main takeaway: Bitcoin has lost around 13.5% in five weeks, showing sustained selling pressure rather than a one-day drop.
The big question: Can $BTC regain bullish momentum, or will sellers push the price lower?
#bitcoinfiveweeklylosses #ChinaCACListsFiveIssuesAffectingBlockchainFilings
Bitcoin has fallen from approximately $86,530 to $74,851, recording five consecutive bearish weekly candles.
Starting price: $86,530
Ending price: $74,851
Total decline: $11,679
Percentage loss: 13.5%
Trend: five consecutive red weekly candles.
The main takeaway: Bitcoin has lost around 13.5% in five weeks, showing sustained selling pressure rather than a one-day drop.
The big question: Can $BTC regain bullish momentum, or will sellers push the price lower?
#bitcoinfiveweeklylosses #ChinaCACListsFiveIssuesAffectingBlockchainFilings
