"Why did Bitcoin fall? Reasons and the role of miners"
Bitcoin fell to $97,000 today, due to several factors:
1. Miner selling: Miners pumped large amounts of Bitcoin into the market to cover costs, which increased supply and pressured the price.
2. Profit taking: Investors took advantage of the historic rise to take their profits.
3. Economic effects: Rising interest rates and recession fears affected high-risk assets.
4. Natural market correction: With new trading options, short-term volatility increased.
My advice:
For long-term investors: Take advantage of the decline with caution.
For speculators: Wait for clear support signals such as the $94,000 level.
Volatility is part of the nature of the market, so make sure to manage your risks well.
