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#SKHynixTopsKOSPIByMarketCap Will Doge see a price increase next month, and where is Doge heading next? Will Doge experience another sharp drop? BTC breaks through 60,000! 8 reasons for the sharp decline—explained thoroughly in full.
Coin holders have been having a very hard time lately. BTC is down more than 20% in a month, breaking through the 60,000 level immediately.
Bad news keeps piling up: MSTR purchases have fallen drastically + preferred shares have been detached from the anchor, damaging sentiment; ETFs continue to see massive net outflows; institutions are fleeing; the AI track is siphoning speculative funds; expectations for a Fed rate hike are heating up and pulling liquidity out. On top of that, the regulatory bill (RUU regulasi) is difficult to pass, selling pressure from miners, short-term funds flowing out, and all of this combined with cycle resonance.
Right now, the technical side is already oversold, but there’s no clear bottom signal yet. Don’t rush into buying the bottom blindly—stabilize first. #BTC $BTC
Coin holders have been having a very hard time lately. BTC has fallen more than 20% in a month, immediately breaking through the 60.000 level.
Bad news keeps piling up: MSTR purchases have dropped drastically + preferred shares detach from the anchor, damaging sentiment; ETFs continue to suffer massive net outflows; institutions are fleeing; the AI track is siphoning speculative funds; expectations of a Fed rate hike are heating up, pulling liquidity away. On top of that, the RUU regulatory bill is difficult to pass, selling pressure from miners, short-term funds moving out, plus resonance from the cycle.
Right now, the technical side is oversold, but a clear bottom signal has not appeared yet—don’t rush to buy the bottom blindly. Stabilize first. #BTC $BTC