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The price of Bitcoin is hitting a three-month low, causing many market analysts to warn of a potentially stronger price drop. According to Geoffrey Kendrick, head of digital asset research at Standard Chartered, Bitcoin could continue to decline to the $80,000 range, or even lower.
Additionally, former BitMEX CEO Arthur Hayes also noted that Bitcoin is approaching a dangerous price zone he refers to as 'goblin town' – a term that implies a strong bear market.

📈 US spot Bitcoin ETFs are seeing explosive growth, with net inflows up 175% year-over-year. Between January 13 and February 5, 2025, total inflows into these funds reached $4.4 billion, compared to $1.6 billion in the same period in 2024.
🚀 Bitcoin ETF – One of the Most Successful Launches in History
Since their approval, the #ETFbitcoin funds have attracted a total of $40.6 billion in net inflows, making it one of the most successful ETF launches in financial market history.