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Bitcoin has fallen below $20000 for the first time in nearly a week, and its lack of sustained upward momentum has led some technical analysts to anticipate an increased possibility of further decline.This largest Cryptocurrency fell 1

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The trend of BTC prices gives analysts reason to be bearish, while Bitcoin avoids fluctuations in macro triggers on the day.Bitcoin inAfter providing a retest of recent lows, the overnight decline returned to above $26000 on May 25th

The market's expectation of inflation peaking and the Federal Reserve's imminent slowdown in interest rate hikes has temporarily lifted cryptocurrencies from the shadows.As of January 14th, Bitcoin has risen for 11 consecutive days, soaring over $21000

Reporter: Zheng Yuhang Editor: Tan YuhanOn June 18th, in the trading session, Bitcoin continued to decline after breaking the key support level of $20000 per coin, marking the first time since November 2020. As of press release, the lowest drop for the day was $18811

Edited by: Bi LumingSince the beginning of this year, the coin industry has been buzzing with thunder, continuously staging a super storm.On August 27th, the price of Bitcoin plummeted sharply, dropping nearly $900 during the day, reaching a low of $19931, the highest point since April 14th at $64900 this year, a drop of over 69% and a new low since July 14th

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Since the beginning of winter, the weather in the entire cryptocurrency industry has been particularly cold.According to non niche market data, on December 16, 2017, the overall market value of Bitcoin reached a record high of $326