Bitcoin's Downtrend Explained: Key Factors Driving the Price | crypto addition on Binance Square

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Bitcoin's Downtrend Explained: Key Factors Driving the Price Lower"
cryptoupdate.io/2025/05/19/#BTC $BTC 
Why is Bitcoin's price dropping? 🤔 Sluggish institutional demand, low whale accumulation, and decreased demand for spot Bitcoin ETFs play major roles. Keep an eye on the $80,000 support level! 🧐🔍
#Bitcoin #CryptoNews #InvestSmart 📊💸👀

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Bitcoin (BTC) Market Update – May 20, 2025 Bitcoin is holding strong above the $100K mark, currently trading around $104,793, up 2.32% in the past 24 hours. The day's range spans from $102,411 to $106,705, showing continued volatility as traders eye new highs. The broader crypto market is rallying, with global market cap reaching $3.34 trillion. Institutional interest is growing, and regulatory clarity—like the U.S. Senate’s progress on the GENIUS Act—is helping fuel optimism. BTC is now just 4% shy of its all-time high of $109K, making the $100K level a new psychological support zone. In other news, KULR Technology Group has increased its BTC holdings to 800+, and today marks Bitcoin Pizza Day, celebrating the first real-world BTC transaction in 2010. Bitget is even giving away 5,000+ pizzas worldwide! Is the next leg up coming? Stay tuned. #Bitcoin #CryptoNews #BTCUpdate #BitcoinPizzaDay #CryptoMarket $BTC

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$MUBARAK/USDT – Bullish Momentum Building Up! Current Price: $0.0550 (+14.58%) Trend Overview: $MUBARAK is showing a strong uptrend on the 1-hour chart, pushing higher with solid bullish candles and minimal pullbacks. It's trading just under its 24-hour high, signaling strong buying pressure and momentum. Key Levels to Watch: Support: $0.0520 Resistance: $0.0558 (24H high / breakout level) Trade Plan: Entry Zone: $0.0535 – $0.0550 Targets: TP1: $0.0580 TP2: $0.0620 TP3: $0.0665 Stop Loss: Below $0.0510 Market Sentiment: Volume is soaring (576.90M tokens traded), showing growing interest in $MUBARAK. If price breaks and holds above $0.0558 with volume, we could see a sharp move to new highs. Pro Tip: For confirmation, wait for an hourly candle to close above $0.0560. Dips between $0.0535–$0.0540 can offer great re-entry points with high reward potential. $MUBARAK is heating up #BinanceSquareTalks $MUBARAK

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