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Analysis: Affected by factors such as profit-taking from AI concept assets, BTC may dip to $60,000

MarsBitNews
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Mars Finance News: Due to profit-taking in AI-related assets and a decline in market risk appetite, Bitcoin has fallen to around $62k, a nearly 16% decline from the peak of over $74k last week. Market analysis suggests that if it falls below the $60k key psychological level, the next critical technical support for Bitcoin may be around $55k. Additionally, the US spot Bitcoin ETF has recorded net outflows for 15 consecutive trading days, totaling over $4.7 billion, and Strategy disclosed this week that it sold Bitcoin for the first time since 2022, further weakening market expectations of institutional buying.
BTC-0.32%
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