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Bitcoin remains stuck below the $70,000 mark, a level that once served as a crucial floor for the cryptocurrency but has now turned into its most significant near-term barrier.
After losing that support, the asset has struggled to regain momentum, and analysts warn that a combination of macroeconomic uncertainty and weak buying pressure could push the asset back into the $50,000 range — a level not seen since September 2024.
Iran Tensions, Fed Uncertainty And ETF Withdrawals
Market sentiment has…
Macro Wobbles May Send Bitcoin Back To The $50,000s, Industry CEO Claims
