Bitcoin price experienced a 4% drop during the U.S. market session, currently trading at $95,400. This indicates selling pressure in the crypto market and the potential continuation of the correction trend. Analysts predict a possible further decline to $70,000, as the coin price has not yet shown stable support for a reversal. Notable traders and analysts highlight the formation of a broadening triangle pattern and believe that if the price falls below certain levels, it could lead to a significant correction. In addition, a significant amount of BTC has been set to exchanges, indicating potential selling and accelerating bearish momentum. However, there is also belief that the broader market trend remains bullish and buyers could renew bullish momentum at certain levels.



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