Reasons behind the recent decline in Bitcoin prices

#Headline Creation Challenge#The price of Bitcoin has been consistently decliningNarrow intervalInternal trading, but now this range has been broken. The king of Cryptocurrency turned down again, and it seems that there is no clear reason for the decline

#Headline Creation Challenge#

The price of Bitcoin has been consistently decliningNarrow intervalInternal trading, but now this range has been broken. The king of Cryptocurrency turned down again, and it seems that there is no clear reason for the decline. AboutNorth KoreaThe statement andUnrealistic.

Bitcoin (BTC) Chart Analysis

...Expected interest rate hike.

Technically, BTC is facing challenges21 day simple moving averageSMAresistanceafter.thirty thousand and four hundred after.resistancePrice decline.

To what extent will Bitcoin fall?

After a long period of timeTransverse finishing afterContinuous declineIt indicates that the situation of Cryptocurrency market is becomingsevere. Poppe .

There may be a temporary peak in BTC/USD, and it is emphasized that21 day moving average.21resistanceretracement and31000 USD.

If the downward trend continues, Bitcoin prices may fall below$28500 to $28800Set a record between US dollarsNew low.Less than $29700.

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