Bitcoin's Decline Continues: Warnings to Investors

Current Status of Bitcoin

Bitcoin fell below 78,000 dollars on Saturday. This situation led to a significant wave of liquidations in the market. Analysts indicate that the recent price increase has exhausted demand and decreased market liquidity.

Market Analyses and Expectations

One analyst claims that this movement fits into a broader bearish structure. They emphasize that long-term technical indicators have turned bearish.

Crown predicts that the potential decline could occur in the 50,000 to 60,000 dollar range. This area is seen as a more attractive zone for accumulating long-term positions after speculative leverage has been cleared.