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January 15, 2025

Bitcoin Faces Potential Further Decline Amid Macro-Driven Sell-Off Says Standard Chartered

Recent analysis from Standard Chartered raises concerns about Bitcoin’s stability amid a potential macro-driven sell-off. The report warns that forced selling could trigger further weakness in Bitcoin prices. If Bitcoin drops below 90K, a potential 10% retracement might occur. As broader market conditions influence crypto prices, investors should remain cautious and consider market signals. Keeping track of Bitcoin’s performance will be important for traders as the market adapts to adverse conditions.

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