BTC breaks below $60k! The 8 reasons for the crash, explained all at once

It's truly tough for the HODLers recently, with BTC dropping over 20% in a single month, directly smashing through the $60k level.
Bearish factors are piling up: MSTR buying plummets + preferred stock detachment collapses sentiment, ETFs see massive consecutive net outflows as institutions flee, the AI track siphons off speculative funds, and rising expectations of Fed rate hikes drain liquidity. Add to that the failure of regulatory bills, miner selling pressure, short-term funds exiting, and the resonance of cyclical patterns.
Technically, the market is already oversold, but clear bottom signals haven't appeared yet. Don't rush to blindly buy the dip; be steady for now. #BTC $BTC