Bitcoin Struggles Amid Market Pressure, Fear Spreads
Bitcoin Struggles Amid Market Pressure, Fear Spreads
Bitcoin is currently struggling to maintain its price above the $95,000 mark as significant selling pressure pervades the market. Traders are uncertain whether the recent correction signifies a broader downtrend or just a temporary market shakeout. Sentiment is shifting towards extreme caution, with months of bullish momentum being eroded, despite Bitcoin holding a 9% edge over its ETF realized price.
Bitcoin Under Sustained Selling Pressure
Bitcoin is struggling to hold above the $95,000 level as fear spreads across the market, with traders uncertain whether the recent correction marks the beginning of a broader downtrend or just a temporary shakeout. The leading cryptocurrency has been under sustained selling pressure, wiping out months of bullish momentum and pushing sentiment toward extreme caution.