The price of Worldcoin (WLD) has been declining this week due to several factors:
Break of key support: WLD fell below an important support level, which generated increased selling pressure.
Bearish market trend: Bitcoin and other cryptocurrencies have been in a correction phase, dragging WLD down with them.
Regulatory concerns: Worldcoin continues to face scrutiny over the use of biometric data, which has affected investor confidence.
Pessimistic predictions: Some technical analyses suggest that the bearish trend could continue if it does not manage to recover key levels
