Why do bitcoin decrease? How low the BTC price?

The bloodshed in the encryption market does not seem to stop. Nearly $ 700 billion was eliminated, Bitcoin collapsed from 99,000 dollars to $ 79,000 in just eight days – erasing all gains from Trump nourishing it.

Fear controls the market, and investors are scrambling to find out the next. Is this just another retreat, or something bigger in playing? And most importantly – how can Bitcoin go low?

Bitcoin fell to the lowest level in four months

Bitcoin, The largest encrypted currency in the worldMore than 5 % has decreased in the past 24 hours, reaching the lowest level in four months of $ 79263. One of the main reasons for this decline is the economic uncertainty caused by President Trump’s introductory threats, which led to the dismay of investors.

At the same time, the Crypto Fear and Greed index fell to 21, its lowest level in nearly three years – which indicates extreme fear in the market.

Bearing holders in the short term panic pan

A large part of the Bitcoin losses from short -term holders (STHS) comes in panic. Over the past three days, these investors have lost collectively $ 2.16 billion.

Here is the loss of different investor groups:

• Those who bought last week: 927 million dollars lost
• Those who bought last month: 678 million dollars lost
• Bitcoin owners for 1 to 12 months: 257 million dollars lost
• Even buyers from the past 24 hours: lost 322 million dollars

This selling trend shows that new investors quickly lose confidence and exit from the market.

The Mimi coin’s ruling adds to panic

The United States recently ruled this Mimi currencies are not securitiesWhich appears at the beginning to be good news. However, this decision made things actually worse. Meme currencies depend heavily on noise and social trends, and as bitcoin currencies break down, Meme coins also collapsed, adding more fear to the market.

The disappointment of Trump’s encryption promises

Another factor that causes Bitcoin to a decrease in disappointment due to President Trump’s policies for encryption. Many investors expected strong pro -kicks, but progress was slower than expected. This led to the sale of pressure, especially on the cryptocurrencies that were gained from Trump’s optimism.

Altcoins drowns

Bitcoin decreased on the entire market. Other major cryptocurrencies also decreased. ETHEREUM (ETH) decreased by 7.5 %, XRP 8.2 % decreased, and Solana (SOL) decreased by 9 %. This indicates that investors lose confidence in the encryption market.

• Also read:
• What happens with Crypto: Bitcoin and Ethereum Price Crash!
• and

How low Bitcoin?

Traders closely watch the next step for Bitcoin. Some analysts believe that Bitcoin needs to fill a gap near 80,000 dollars before you can recover. Alphabtc encryption analyst It suggests that if Bitcoin filled this gap, it may start a new gathering. However, if they fail, prices may decrease to $ 73,000.

Meanwhile, Bitcoin’s options data show that more traders are betting on a decrease to $ 70,000. This indicates that some investors expect the market to get worse before it improves.

Bulls are beaten, bears in control, and the market retains its breath of what comes after that.

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