Bitcoin has faced declining interest, negative ETF flows, and US dollar strength contributing to a drop in value. Technical analysis indicates a potential double top formation, with $57,500 being a crucial support level.
The loss of $57,500 support level could confirm a double top formation and trigger a broader correction, potentially leading to a drop to $48,000. Bitcoin's halving impact on bullish momentum is currently uncertain.
[
add
]
[
|
|
...
]