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Bitcoin Analysis: The Cryptocurrency Pulls Back, Erasing Last Week’s Gains
Although Bitcoin seemed poised to start the week with confidence, a consistent selling bias has returned, with the cryptocurrency now posting a decline of more than 3% in the latest session. This correction is mainly driven by sustained selling pressure stemming from capital outflows in the BTC market. Despite attempts by the crypto market to stabilize sentiment, this improvement has yet to be reflected in Bitcoin’s price action. If this negative momentum persists in the short term, the bearish trend could gain further strength in the coming sessions. Bitcoin Loses Appeal: Although market confidence has partially ... (full story)
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