📉 Why is Bitcoin falling? Quick analysis
The recent decline in Bitcoin does not appear to be linked to a single factor. Here are the three main causes according to CoinMarketCap's analysis:
1️⃣ Technical resistance: BTC is struggling at a key level.
2️⃣ Stagnant altcoins: no overall market momentum.
3️⃣ Geopolitical tensions: global uncertainty has not triggered a rush to cryptocurrencies.
📊 To watch:
> A bullish crossover of the MACD = positive signal
A break below $103,800 = possible deeper drop
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🤔 A question to consider:
> Will the correlation between Bitcoin and tech stocks intensify with tensions in the Middle East?
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👉 Share your thoughts in the comments!
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