CandleFocus Market Analysts Share What They Expect Next for the Bitcoin Price Decline, Issue a Warning
2025-03-01
Author: Content Editor
Bitcoin has experienced a week-long slide, falling by 7.2% to $78,226 before recovering some losses. This decline is part of a larger pullback of 28% from its all-time high of $109,241. The drop in the crypto market is a result of increased risk aversion and trade tensions caused by US President Donald Trump's tariff threats. Investors are concerned about the impact of these policies on the global economy. Bitcoin's decline has pushed it below key technical levels, and there are warnings of even steeper losses if sentiment in stocks continues to deteriorate. Market analysts see a potential technical crisis zone at the $72,000-$74,000 range that could trigger a further decline. However, there is uncertainty about the future direction of Bitcoin, as investors await clarification on Trump's crypto policies and the overall market sentiment.
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