Bitcoin has dropped substantially, but it is not as bad as it may seem
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This moderation on the part of major holders might have a benefit. The market may stabilize earlier than anticipated if institutional sales do not overwhelm it. Institutions are responding cautiously, and spot markets' persistent sell pressure points to an uncertain period ahead. But Bitcoin might be able to avert a more severe drop if it can hold onto important support levels. The U.S. government and other significant holders will have a significant influence on how the price of Bitcoin moves in the near future.
In general, the possibility of a reversal is present, but it still requires some serious inflows, which are not there yet.Arman strongly believes that cryptocurrencies and the blockchain will be of constant use in the future. Currently, he focuses on news, articles with deep analysis of crypto projects and technical analysis of cryptocurrency trading pairs.
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