Bitcoin's price continues to decline in the second week of February, facing pressure from macroeconomic factors and a technical correction. The cryptocurrency is down 25% from its all-time high in January, reaching a three-month low. Analysts suggest that the correction is primarily technical but has been amplified by external factors such as trade wars. There are concerns about further volatility ahead, with predictions that BTC may retest $69,000 by early March. However, data shows significant accumulation of BTC between $60,000 and $72,000, which could act as a defense against larger declines.



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