$BTC 🔻 Factors Indicating the Likelihood of Further Decline:
1. Decline in Buying Momentum: Decrease in trading volume and absence of liquidity from large investors.
2. Breaking Strong Support Levels: If Bitcoin, for example, breaks an important support level (such as $60,000), it may open the door for further decline.
3. Regulatory or Political Pressures: News about tightening laws or imposing new taxes.
4. Profit-Taking After Strong Rise: Markets usually undergo corrections after sharp upward waves.
5. Stability of U.S. Interest Rates at High Levels: This reduces the attractiveness of high-risk assets such as crypto.