I see that Bitcoin is currently on track to record the longest losing streak since 2022. Basically, all of this is triggered by geopolitical tensions that cause investors' risk appetite to drop. Every time there is bad news from geopolitics, the market immediately becomes nervous and risk assets like crypto take a hit. So if you monitor the chart, you'll see a series of lower lows that are quite serious. This isn't just a flash crash, but a trend that has been ongoing for quite some time. If geopolitical conditions remain tense, it's likely that Bitcoin will continue to stay in the red zone for some more time. Traders need to stay alert to geopolitical news now, because that's the main trigger for market movements.

BTC-1,58%
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