🚨Bitcoin is on the decline, currently priced at US$ 122,626.49, which represents a decrease of 1.66% compared to the previous price. This movement follows the recent liquidations in the cryptocurrency market ¹.
*Factors influencing the price of Bitcoin:*
- *Recent liquidations*: The strong liquidations that have occurred recently may be contributing to the volatility in the price of Bitcoin.
- *Overbought signals*: Some analysts point to overbought signals as a factor that may influence the price decline.
- *Volatility*: The cryptocurrency market is known for its high volatility, which can lead to significant fluctuations in the price of Bitcoin ².
*Current price of Bitcoin:*
- *Current price*: US$ 122,626.49
- *Variation*: -1.66%
- *Opening price*: US$ 124,696.90
- *Highest price*: US$ 126,199.63
- *Lowest price*: US$ 122,575.48 .
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