Bitcoin’s (BTC) price has again fallen below the $26K mark.
BTC has been oscillating between $25,000 and $26,000.
Bitcoin (BTC), the world’s largest cryptocurrency, has experienced a strong bearish momentum for the past few weeks. Recently, BTC has shown a slight recovery of 0.50% after staying below $26,000 for the past few weeks. With this price surge, BTC surpassed the $26K mark. However, it didn’t stay for long, and the price dropped to below $26K again.
In recent days, Bitcoin’s price has been oscillating between $25,000 and $26,000. And BTC is struggling to gain momentum to break this cycle. Moreover, the U.S. SEC’s delay in the Bitcoin ETF filing added more pressure on the trading price. Recently, former SEC chairman Jay Clayton stated that the approval of the Bitcoin ETF is inevitable and that the SEC may announce its decision in mid-October. The approval of the Bitcoin ETF is expected to be reflected in the trading price of BTC.
Bitcoin (BTC) Price Analysis – 2
We współpracy z: https://thenewscrypto.com/bitcoin-btc-below-25k-possible-in-current-downtrend/
