The leading cryptocurrency Bitcoin is experiencing consecutive declines, with analysts warning of further declines. The Crypto Fear & Greed Index, which tracks Bitcoin and cryptocurrency sentiment, is at extreme fear, indicating a buying opportunity. However, analysts at Matrixport believe that a stronger catalyst is needed to revive the bull trend in Bitcoin. Current events, such as the White House Crypto Summit and US President Donald Trump's actions regarding BTC and crypto, have not resulted in a significant market response. The analysts emphasize that Bitcoin needs a more significant catalyst to resume its upward trend.



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