#MarketRebound
Why is the price of Bitcoin suddenly dropping?
Reasons for the decline to around $103K:
• Sudden selling pressure from large wallets (whales).
• Escalating geopolitical tensions, especially concerns about an economic clash between America and China.
• Approaching release of CPI and PPI inflation reports.
Analysts' Opinion:
Temporary decline amidst a broader upward trend that still exists.
#BitcoinDip #BTCVolatility #MarketCorrection #CPI #BTCPrice