📉 Bitcoin slides again - selling pressure intensifies

According to CryptoNews, Bitcoin’s recent price action is dominated by accelerated sell-offs and growing supply on the market, adding to downside pressure reminiscent of previous deep corrections.

Key takeaways:
• Heavy selling is exacerbated by thin spot liquidity.
• Buying volumes remain weak, making it hard to establish a solid bottom.
• ETF inflows that supported BTC earlier have slowed or turned into outflows.

📊 Analysts warn that if selling continues and demand doesn’t return, Bitcoin could breach key technical support levels and extend the correction.

BNB

604.36

-1.85%

XRP

1.4076

-4.29%

BTC

66,497.45

-1.56%