Noticed that Bitcoin has again fallen back to last week's lows. It seems that all this fuss around AI is seriously pressuring the market. The tech sector is taking hits, and this correlates with the decline in precious metals.



An interesting picture is emerging: when investors start panicking about the development of artificial intelligence and its impact on the economy, they sell off risky assets. In this context, Bitcoin behaves like a risky asset rather than a safe haven.

Currently, BTC is around 74.3K. If this pattern continues, it’s important to pay closer attention to technical levels. It looks like a correction for now, but the sentiment is clearly pessimistic.
BTC-0.3%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin