Bitcoin Dips 4% As Bearish Indicators Worsen Market Sentiment
Bitcoin prices fell 11% over the weekend following a controversial executive order by Trump allowing seized BTC to be used for reserves. The broader macroeconomic pressures contribute to the continued decline in prices. Bears see additional confirmation of downside risks through emerging technical signals that suggest further losses may be likely. This trend poses serious questions about the current viability and stability of Bitcoin in an increasingly uncertain economic climate. Investors and traders must reassess their strategies and remain vigilant as market conditions evolve. Understanding these trends is key to navigating the unpredictable nature of cryptocurrency.