What’s driving Bitcoin’s recent decline?

[madmax]

Bitcoin has dropped below $70,000, reaching lows under $68,000, due to:

Forced deleveraging in futures markets

ETF outflows and fading demand

Weak trading volumes, prompting investors to exit positions at a loss

Despite oversold technical indicators, short-term selling pressure remains strong, creating a volatile environment.

#Bitcoin #CryptoMarkets #BTC

[tradelikepro]

below $70k again… feels like every bounce gets sold into faster than ever