🔎Latest updates on
$BTC 💹 According to the provided market data,
$BTC is trading at $93,078.40, showing a slight decline of -0.38% in the last 24 hours. The asset is currently struggling to reclaim the psychological $100,000 level lost earlier this month.
🛡️ According to Finance Magnates, the market is reacting to significant institutional outflows, with Bitcoin ETFs recording over $1.26 billion in withdrawals this month alone. This massive selling pressure is being exacerbated by a technical "death cross" formation on the daily charts.
📈 According to technical analysts at Cointelegraph, the $93,000 level is a critical pivot point. A sustained breakdown below this zone could open the door to a deeper correction toward $74,000, while bulls need to reclaim $96,000 to invalidate the current bearish structure.
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⚠️ Remember that every investment decision is personal, and this content does not constitute financial advice.
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