Bitcoin is currently facing quite significant selling pressure in the global market. Its price is fluctuating tightly in the psychological range of USD 59.000 to USD 60.000 (or around Rp1,07 miliar). This figure reflects a sharp correction, falling more than 50% from its all-time high of USD 126.000 which was reached at the end of last year.


Market sentiment is dominated by concerns over the large number of mass liquidations on long positions as well as the rotation of investor capital out of high-risk assets. The USD 59.000 area is now a crucial defense line for buyers to prevent a deeper price correction.
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BTC2.16%
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