Bitcoin Faces Renewed Fragility and Retail Retreat
Bitcoin Faces Renewed Fragility and Retail Retreat
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Bitcoin is currently experiencing significant fragility, struggling to reclaim the $110,000 price level, which has put bulls on the defensive. The market is showing increased selling pressure, and retail investor deposits have notably decreased by fivefold since early 2023, signaling potential further downside risk.
Bitcoin is showing renewed fragility as price struggles to reclaim the $110,000 level, putting bulls on the defensive and exposing the market to further downside risk. Selling pressure has been building across the market, and BTC now finds itself probing lower demand zones as traders reassess positioning after recent volatility. While the macro backdrop remains […]